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2 year fixed rate fee free nationwide mortgage
2 year fixed rate fee free nationwide mortgage

2 year fixed rate fee free nationwide mortgage

2 year fixed rate fee free mortgage for a First Time Buyer with £500 cashback

(+£250 if you are nationwide current account holder)

Initial rate: 2.79%

LTV 90%

Arrangement £0

Arrangement administration £0

Booking £0

Completion £0

Reservation £0

Valuation report £0

Optional Home buyer report £200

Good deal for low value mortgage with 10% deposit (like me!)

6 Comments

how do you work out the eqiv rate with cashback inlcuded? (working out who is best for me too!)

This spread

jackvdbuk

how do you work out the eqiv rate with cashback inlcuded? (working out … how do you work out the eqiv rate with cashback inlcuded? (working out who is best for me too!)



This spreadsheet is quite useful for mortgage comparisons: locostfireblade.co.uk/spr…tml

Cash back will reduce the equivalent rate dependent on amount and length of repayment period of each person, so please don't state that it's equivalent of 2.50% as it won't be for everyone. Some will be on a higher equivalent rate, some lower.

Original Poster

lanc1979

Cash back will reduce the equivalent rate dependent on amount and length … Cash back will reduce the equivalent rate dependent on amount and length of repayment period of each person, so please don't state that it's equivalent of 2.50% as it won't be for everyone. Some will be on a higher equivalent rate, some lower.


You are right, It was below 2.5% to me. I have amended the post. thanks for pointing it out!

Original Poster

jackvdbuk

how do you work out the eqiv rate with cashback inlcuded? (working out … how do you work out the eqiv rate with cashback inlcuded? (working out who is best for me too!)


moneysavingexpert.com/mor…tor

That's brilliant as they only give me 0,25% interest on my money
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