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Nationwide bares changes to fixed rate mortgages

Aug 4, 2006

Effective immediately, Nationwide Building Society is increasing the rates on some of its fixed rate mortgages. The rates are as follows:

2-year fixed rate (with £699 fee) - Available from 4.89%

3-year fixed rate (with £399 fee) - Available from 5.18%

Nationwide claims that its fixed rate mortgages offer borrowers the flexibility to overpay or underpay during the deal period and are available to both new and existing borrowers. The company has withdrawn the current products that will be affected by the changes.

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