Nationwide increase rates

The rates are available from Wednesday 28 June 2006.

The rates are as follows:

Two-year fixed rate (with £399 fee) available from 4.98%

Two-year fixed rate (with £699 fee) available from 4.79%

Three-year fixed rate (with £399 fee) available from 5.13%

Five-year fixed rate (with £399 fee) available from 5.18%

Ten-year fixed rate (with £399 fee) available from 5.18%

Steve Clode, divisional director, marketing, said: “Nationwide prides itself on offering some of the best mortgage rates on the high street. Money market rates have increased recently and we have found it necessary to follow other lenders that have increased their rates. Our full range of mortgages remains very competitive and borrowers could make significant savings by moving to Nationwide.”