Nationwide to cut fixed rates

The building society says recent reductions in swap rates have allowed the lender to reduce rates for customers. Five-year fixed rates for home purchase with a £599 fee have seen the biggest reduction, down 0.3% to 5.85%, while five-year fixes for remortgage and additional borrowing have been reduced by 0.2% to 5.95%. All other deals have seen a reduction of 0.15%, though some fees have been increased by as much as £100, while others have fallen by the same amount. If you would like to comment on this story, contact: John Bakie Tel: 020 7484 9805 e-mail: [email protected] IFA...