Nationwide updates fixed rate mortgage range

Nationwide Building Society today announces a decrease to some of its fixed rate mortgages. The new rates are available from Thursday 23 August 2007.

The new details are as follows:

Home Mover

Two year fixed rate (with £999 fee) available from: 5.78%
Three year fixed rate (with £499 fee) available from: 5.98%
25 year fixed rate (with £599 fee) available from: 6.34%

Remortgage and Additional Borrowing
Two year fixed rate (with £499 fee) available from: 6.13%
Two year fixed rate (no fee) available from: 6.53%
Two year fixed rate (with £999 fee) available from: 5.98%
Three year fixed rate (with £499 fee) available from: 6.13%
Five year fixed rate (with £599 fee) available from: 6.13%
10 year fixed rate (with £499 fee) available from: 6.13%
25 year fixed rate (with £599 fee) available from: 6.44%

Existing Nationwide mortgage customers get a £100 discount off their reservation fee when they switch from one Nationwide product to another, buy a new home or borrow additional monies.

All Nationwide fixed rate mortgages offer borrowers the additional flexibility to overpay, underpay and take payment holidays. They are also fully portable, so borrowers can take their mortgage with them if they decide to move to a new home during the deal period.

Nationwide will withdraw the current products at 11.59pm on Wednesday 22nd August 2007.