Nationwide Two-Year Fixed-Rate mortgage rates adjusted

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Nationwide Two-Year Fixed-Rate mortgage rates adjusted

Tue 11th Apr 2006

The Nationwide Two-Year Fixed-Rate mortgage will now be available at an increased rate of 4.48 per cent with a fee of £599 and from 4.68 per cent with a fee of £399.

New rates of 4.73, 4.78 and 4.88 per cent will now be set on the Three-Year, Five-Year and Ten-Year fixed-rate packages respectively.

No higher lending charges or fees for high level borrowing will be set on any of the offers and a guarantee is given that the base mortgage rate will be no more than two per cent above the Bank of England base rate.

"Nationwide's products are highly competitive for customers wishing to secure a short-term deal or those looking to fix their mortgage for longer," said Steve Clode, divisional marketing director for Nationwide.

"Over recent weeks, the money market swap rates have increased and many lenders have increased their rates accordingly."

The Nationwide Two-Year Fixed-Rate mortgage and other fixed-rate offers all have overpayment, underpayment and payment holiday features and are available to both new and existing customers.

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