Nationwide Building Society announces that it is launching a new product range, for mortgages which is now available.

The range will include the following:

For those buying a home:
Two year fixed rate available from 4.18% (up to 60% LTV)
* New customers can borrow up to 85% LTV
* Existing borrowers who are moving home can borrow up to 95% LTV
* £995 reservation fee

Three year fixed rate available from 4.78% (up to 60% LTV)
* New customers can borrow up to 85% LTV
* Existing borrowers who are moving home can borrow up to 95% LTV
* £995 reservation fee

For those remortgaging:
Two year fixed rate available from 4.28% (up to 60% LTV)
* Remortgage customers can borrow up to 85% LTV
* £995 reservation fee

Five year fixed rate available from 5.84% (up to 60% LTV)
* Remortgage customers can borrow up to 85% LTV
* £995 reservation fee

For those switching at the end of an existing Nationwide deal:
Two year fixed rate available from 4.28% (up to 95% LTV)
* Existing borrowers switching can borrow up to 95% LTV
* £995 reservation fee

Two year capped tracker rate available from 2.99% (up to 95% LTV)
* Existing borrowers switching can borrow up to 95% LTV
* 2.99% with £999 reservation fee on loan sizes up to £150,000
* 3.14% with £1,499 reservation fee on loan sizes between £150,000 and £500,000.

Andy McQueen, mortgage director at Nationwide, said: “Recent moves by competitors have required us to review the pricing of selected fixed rate mortgages. We are making these changes to ensure we continue to maintain an appropriate mix of business on these products. Most of our deals, including our tracker mortgages, remain unchanged.”