Nationwide updates fixed and tracker mortgage rates

Nationwide Building Society today announces changes to its rates on some of its fixed rate and tracker mortgages. The new rates are available from Wednesday 1 August 2007.

The new details are as follows:

Home Mover

Two year tracker (with £599 fee) available from: 5.48%

Two year tracker (no fee) available from: 5.88%

Lifetime tracker (no fee) available from: 5.99%

Remortgage and Additional Borrowing

Two year fixed rate (with £499 fee) available from: 6.24%

Two year fixed rate (no fee) available from: 6.64%

Two year fixed rate (with £999 fee) available from: 6.08%

Three year fixed rate (with £499 fee) available from: 6.38%

Five year fixed rate (with £599 fee) available from: 6.18%

Ten year fixed rate (with £499 fee) available from: 6.18%

Two year tracker (with £599 fee) available from: 5.68%

Two year tracker (no fee) available from: 6.08%

Lifetime tracker (no fee) available from: 6.09%

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.

Nationwide will withdraw the current products at 11.59pm on Tuesday 31 July 2007.