Nationwide cuts first-time buyer and home mover rates by up to 0.20%

Nationwide is cutting rates across its fixed rate mortgage range for first-time buyers and home movers.

Available from tomorrow, the latest changes will see rates reduced by up to 0.20% across two, three and five-year fixed rate products.

Nationwide’s lowest rate now stands at 3.50% for a two-year fixed rate at 60% LTV with a £1,499 fee, available for new and existing customers moving home.

Other rates in the home mover range have decreased by up to 0.20%, with three-year fixed rates down to 3.62% at 60% LTV and a £999 fee, and 4.43% at 90% LTV with no fee. In addition, a two-year fix at 85% LTV and no fee has reduced to 3.90%.

First-time buyers will benefit from reductions of up to 0.17% across two, three and five-year fixed rate products up to 95% LTV.

Highlights include two-year fixed rates from 3.67% at 60% LTV with a £1,499 fee and 3.75% at 85% LTV with a £999 fee. A five-year fix at 90% LTV has also decreased to 4.22% with a £999 fee.

First-time buyers also receive £500 cashback when they complete their mortgage with Nationwide.

In addition, first-time buyers and those moving home can benefit from cashback of up to £500 if they purchase an energy-efficient property through Nationwide’s Green Reward.

Carlo Pileggi, Nationwide’s head of mortgage products, said: “Our first set of rate cuts this year will particularly support first-time buyers onto the property ladder as well as those looking to move to their next home. Rates starting at 3.50% for new and existing home movers will come as great news to those looking to move home in 2026.”