Nationwide updates fixed rate range

The new rates are available from Thursday 13 April 2006.

The rates are as follows:

Two year fixed rate (with £599 fee) available from: 4.48%

Two year fixed rate (with £399 fee) available from: 4.68%

Three year fixed rate (£399 fee) available from: 4.73%

Five year fixed rate (£399 fee) available from: 4.78%

10 year fixed rate (£399 fee) available from: 4.88%

Steve Clode, divisional director, marketing, says: “Nationwide’s products are highly competitive for customers wishing to secure a short-term deal or those looking to fix their mortgage for longer. Over recent weeks, the money market swap rates have increased and many lenders have increased their rates accordingly.”

All of Nationwide’s fixed rate mortgages offer borrowers the additional flexibility to overpay or underpay during the deal period and are available to both new and existing borrowers. Nationwide will withdraw its current range of products from close of business, Wednesday 12 April.