What is the lowest Nationwide fixed rate today?

Nationwide’s lowest fixed rate is 3.54% on select two-, three-, and five-year deals for eligible borrowers, according to the lender’s 15 February update. Pricing varies by loan-to-value, product fee, and customer type. Always check the latest product list and overall cost before applying.

Will other lenders cut mortgage rates today as well?

They may. A large lender’s move often prompts rivals to review pricing. If funding costs stay supportive and applications rise, more cuts could follow. Monitor daily updates, as offers can change quickly and may be limited to certain loan-to-value tiers or product fee structures.

Is now a good time to remortgage in the UK?

If your fix ends within six months, it is worth securing an option now. Many lenders let you reserve a rate and switch to a lower one before completion. Compare the total cost, including fees, and weigh certainty against the chance of further reductions in remortgage rates UK.

How can I get the best deal on UK fixed-rate mortgages?

Improve your credit profile, reduce short-term debt, and prepare documents early. Compare like-for-like rates and fees across several lenders. Consider a broker for wider access and faster updates. If mortgage rates today fall again, ask to rebook your rate before completion to capture savings.

Global Market Insights

UK Mortgage Rates Today, February 15: Nationwide Cuts to 3.54%

ByDanny Kontos February 16, 2026February 16, 2026

Mortgage rates today in the UK eased after Nationwide Building Society cut fixed deals by up to 0.16 percentage points, with select products now from 3.54%. The reduction spans two-, three-, and five-year fixes for first-time buyers, home movers, and remortgagers. This move could sharpen competition, trim borrowing costs, and support housing activity. We explain who benefits, what to watch next, and how to act. For readers comparing mortgage rates today, timing, fees, and criteria still matter.