Nationwide Building Society has announced it will be launching a new two year tracker mortgage available from 4.99% with a reservation fee of £995, effective from 1 December 2008.

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The fall in house prices slowed down during November with prices falling by just 0.4%, according to the UK’s largest building society, the Nationwide.

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Nationwide Building Society has announced it will be making some changes to its mortgage products, including cutting the price of its two year fixed rate mortgage deals and selected three and five year fixed rate deals by up to 0.80%.

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Nationwide has announced it is cutting mortgage lending and says it expects house prices to continue to fall during 2009 and 2010.

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Nationwide Building Society has confirmed that all existing borrowers with tracker mortgages will benefit from a reduction in interest rate of 1.5% from 1 December following the cut in the Bank Of England Base Rate.

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Nationwide Building Society has announced it will be cutting the price of some of its two year fixed rate deals and increasing rates on selected tracker products. These changes will be effective from Saturday 1 November 2008.

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UK house prices fell for the 12th consecutive month during October and are now nearly 15% lower than a year ago, according to the latest research from the Nationwide.

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Nationwide Building Society has announced an increase in rates on its tracker mortgage deals. These changes will be effective from Wednesday 22 October 2008.

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Following a decision by the Bank of England to cut the Base Rate, Nationwide Building Society has announced that it will decrease its Base Mortgage Rate (BMR) from 1 November 2008.

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Nationwide Building Society has announced an increase in rates of 0.20% across its range of fixed rate mortgages.

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