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Nationwide has launched a new range of mortgage products at up to 90% LTV for customers who use the lender’s FlexAccount as their main bank account.

The mortgage range is however only available through Nationwide’s branches direct for existing customers moving home and Customers are required to deposit at least £750 a month into the bank account to qualify for the deals.

The 90% LTV range includes a two-year fixed rate deal at 5.98% with a £396 reservation fee and a £99 booking fee, and a three-year fixed rate deal with a £896 reservation fee and a £99 booking fee.

Other mortgages available up to a maximum 90% LTV include a five-year fixed rate deal at 6.73% with a £896 reservation fee and a £99 booking fee, and a two-year tracker at 4.63% with the same fees applicable.

The range is offered to both existing and new FlexAccount holders.

Customers opening a FlexAccount to access the deals have to use Nationwide’s account transfer service to qualify.

For existing mortgage customers moving home, the offer represents a discount of 0.7% off Nationwide’s current range of 90% LTVs.

Each of the products comes with the option of free legal fees, and the range will be available from October 30.

Nationwide has also increased the LTV for its tracker range for new customers moving home and first-time buyers from 80% to 85%.