Nationwide cuts mortgage rates by up to 0.19 percent

Business · 4 August 2026

Written by AI from multiple news reports

Nationwide Building Society has cut its mortgage rates by up to 0.19 percent, starting Tuesday, August 4.

The reductions apply to two, three, and five-year fixed-rate deals. First-time buyers, people moving home, and customers switching their mortgage can all benefit.

Before the cuts, mortgage rates across the industry had been rising for several weeks. Nationwide's decision may encourage other lenders to lower their rates too.

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