Nationwide has announced it is extending its range of 90 per cent loan-to-value (LTV) fixed-rate mortgages.
The society explained the inclusion of the two-year products could benefit first-time buyers, home movers and existing customers alike.
As part of the move, the group is offering a rate of 5.29 per cent with a £900 product fee – or a rate of 5.69 per cent without the added cost.
Martyn Dyson, head of mortgages at Nationwide, said the news shows his company is continuing its support for the housing market in the UK.
The industry figure stated: “We offer a comprehensive fixed rate range at 90 per cent LTV including two, three and five year fixed rate deals, offering some of the best low deposit deals currently available.”
In addition, the organisation revealed further price alterations on a select number of fixed and tracker mortgage rates are also coming into effect this month.
Earlier in the week, Chelsea Building Society also launched a new mortgage product range, which the group described as a positive start to 2012 that will see more innovative and competitive home loan options coming onto the market.