Overview
- Nationwide, which cut selected two-, three- and five‑year fixes on Friday, lowered its cheapest rate to 4.50%.
- The reductions go up to 0.25 percentage points, with the largest moves on high loan‑to‑value deals for buyers with small deposits.
- First‑time buyers get £500 on completion, with up to £500 more for energy‑efficient homes through Nationwide’s Green Reward.
- Halifax, HSBC, Santander, Barclays, Virgin Money and TSB also reduced prices this week in a wider round of repricing.
- A typical £250,000 loan over 25 years could cost about £35–£40 less per month, though average fixed rates still sit near 5.7% by Moneyfacts.