Nationwide confirms changes for customers 'from Tuesday' as some paid £500

The changes will come in quickly15:09, 17 Aug 2026Nationwide has announced changes for customers that come into effect from tomorrow.‌It is reducing selected two, three and five-year fixed mortgage rates by up to 0.15% for first-time buyers, home movers and people remortgaging. This puts Nationwide’s lowest rate at 4.48%. Brokers welcomed the cuts, which follow in the wake of the Halifax cutting rates late last week, as a "flicker of light", but urged borrowers not to take continued reductions for granted.‌First-time buyers will benefit from reductions of up to 0.10% across two, three and five-year fixed rate products up to 95% loan-to-value (LTV), including:‌5-year fixed rate at 90% LTV with a £999 fee is 4.82% (reduced by 0.07%)3-year fixed rate at 60% LTV with no fee is 4.99% (reduced b