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NATIONWIDE WILL BE REDUCING RATES BY UP TO 0.12 PERCENTAGE POINTS ACROSS SELECTED TWO, THREE AND FIVE-YEAR FIXED RATE PRODUCTS WITH THE NEW RATES EFFECTIVE FROM TOMORROW, THURSDAY, 5 JUNE.

15:32, 04 Jun 2025 Nationwide is making a major bank account change "effective tomorrow" with millions of customers set to be impacted. Nationwide will be reducing rates by up to

0.12 percentage points across selected two, three and five-year fixed rate products with the new rates effective from tomorrow, Thursday, 5 June. Nationwide’s new lowest lending rate now

stands at 3.90%, with reductions also made for those remortgaging to the Society. Rates for existing customers switching, which are not changing, already start from 3.84%. New customers

moving home will see reductions of up to 0.10% across two, three and five-year fixed rate products up to 90% LTV. Existing customers moving home will see reductions of up to 0.10% across

two, three and five-year fixed rate products up to 90% LTV. READ MORE ALL THE PARTS OF ENGLAND SET FOR 'AT LEAST 30C' NEXT WEEK IN UK HEATWAVE Remortgage customers will benefit

from reductions of up to 0.12% across two, three and five-year fixed rate products up to 85% LTV with rates starting from 3.92%. Article continues below The latest changes again demonstrate

how Nationwide continues to offer existing customers who are moving home the same or lower rate than the equivalent rates available for new customers, the building society has said. Carlo

Pileggi, Nationwide’s Senior Manager – Mortgages, said: “These latest reductions will be welcome news for borrowers. "We remain as committed as ever to supporting all areas of the

market, whether it’s first-time buyers, home movers or those looking for a new deal, and with our reduced rates starting from 3.90%, we aim to be front of mind.” Article continues below

Examples of rate changes include a two-year fixed rate at 60% LTV with a £1,499 fee is 3.90% (reduced by 0.09%), two-year fixed rate at 75% LTV with a £999 fee is 4.04% (reduced by 0.05%)

and five-year fixed rate at 85% LTV with a £999 fee is 4.29% (reduced by 0.05%). Other rate changes include a two-year fixed rate at 60% LTV with a £1,499 fee is 3.90% (reduced by 0.09%) and

two-year fixed rate at 75% LTV with a £999 fee is 4.04% (reduced by 0.05%). Five-year fixed rate at 85% LTV with a £999 fee is 4.29% (reduced by 0.05%) was listed as another example.