Nationwide has announced rate increases to its range of fixed-rate mortgages, effective from Tuesday 3 June 2008.
Rate increases have been implemented across the lender’s house purchase range of two, three, five, 10 and 25-year fixed-rate products. Two-year fixed rates will now be available from 6.25% (£599 fee); three-year deals from 6.05% (£299 fee for first-time buyers, £599 for all other borrowers); five-year deals from 6.10%, 10 year from 6.14% and 25 year from 6.28%, all of which come with a £599 fee. Nationwide’s remortgage and additional borrowing products have also changed. Two-year fixed-rate deals for remortgagors will be available from 6.45% with a £599 fee (6.85% with no fee); three-y...
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