Nationwide, Keystone, Accord and Leeds announce rate and product updates

Img

Nationwide is increasing selected fixed and tracker rates by up to 0.25% from tomorrow.

This includes rates across its first-time buyer, home mover, existing customers moving home and remortgage ranges.

It also includes switcher and additional borrowing ranges.

The prices rises mean a two-year fixed is rising from 4.50% to 4.66%.

This is the latest rate hike from Nationwide after it pushed prices up by as much as 30 basis points last week.

Elsewhere, Keystone Property Finance has reintroduced its fixed rates across two- and five-year fixed rate products.

The relaunch will see two-year fixed rates to start from 3.54% and five-year fixed rates to start from 5.24%.

Keystone withdrew all its rates on 13 March.

In an email to brokers, the lender said this was due to “The continued increases in swap rates influenced by economic and geopolitical factors”.

Last week, Keystone launched a new range of two-year tracker products for new business, product transfers, PT plus and refurb to let exit.

The lender says its two-year tracker rates are still available for new applications on standard, specialist, ex-pats, and holiday lets at 65% and 75% loan-to-value (LTV).

They are also available for existing customers who are coming to the end of their fixed-rate term or short-term lending, with product transfer, product transfer plus and refurb to let exit products.

Meanwhile, Accord Mortgages has announced it will be increasing rates on its buy-to-let new business product range from 2 April.

Tracker rates will rise by up to 0.20% and end dates will be extended to 31 July.

The current range will be withdrawn at 10pm on 1 April and the new range will be available at 8am on 2 April.

Last week, Accord put its prices up by up to 42bps.

Leeds Building Society has also announced product updates.

The society has launched new residential and shared ownership fixed rates but has withdrawn its residential fixed rates.


More From Life Style