Nationwide Reduces Fixed Mortgage Rates for All Customers

Jordan Hartwell

Published: February 18, 2026 3:45 AM ET

Nationwide Reduces Fixed Mortgage Rates for All Customers

Nationwide Building Society has announced a reduction in fixed mortgage rates across its product range, effective February 13. This latest adjustment aims to assist first-time buyers, home movers, and those interested in remortgaging.

Details of the Rate Reductions

The reductions will reach up to 0.16 percentage points across two, three, and five-year fixed-rate products. As a result, Nationwide’s lowest mortgage rate now stands at 3.54%.

New Rates for First-Time Buyers

Two-year fixed rate at 90% LTV with a £999 fee: 4.10% (down 0.14%)
Three-year fixed rate at 90% LTV with a £999 fee: 4.40% (down 0.16%)
Two-year fixed rate at 60% LTV with a £1,499 fee: 3.67% (down 0.15%)

First-time buyers will also receive £500 cashback upon mortgage completion. An additional incentive includes cashback for purchasing energy-efficient homes through Nationwide’s Green Reward program.

Home Movers and Existing Customers

Existing and new customers moving home will benefit from reductions of up to 0.15%. The new specifics include:

Two-year fixed rate at 60% LTV with a £1,499 fee: 3.54% (down 0.15%)
Five-year fixed rate at 85% LTV with a £1,499 fee: 3.94% (down 0.15%)
Two-year fixed rate at 85% LTV with a £999 fee: 3.78% (down 0.09%)

Remortgaging Opportunities

For those remortgaging, reductions of up to 0.15% are also applicable. Key products include:

Three-year fixed rate at 60% LTV with a £999 fee: 3.80% (down 0.15%)
Five-year fixed rate at 80% LTV with a £999 fee: 4.04% (down 0.10%)

Switcher Rates for Existing Customers

Customers switching from their current mortgage will see rate reductions of up to 0.11%. Notable offers include:

Three-year fixed rate at 80% LTV with a £999 fee: 4.05% (down 0.11%)
Five-year fixed rate at 80% LTV with a £999 fee: 3.99% (down 0.06%)

These initiatives reinforce Nationwide’s commitment to providing competitive rates for both new and existing customers, ensuring fair pricing for all.

Comments from Nationwide

Carlo Pileggi, Nationwide’s Head of Mortgage Products, emphasized the significance of these changes. “We continually review our mortgage rates to remain competitive. These reductions are significantly beneficial for first-time buyers and those moving homes,” he remarked.