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Nationwide Reduces All Five-Year Fixed Mortgage Rates

ID: 1036431

Five-Year Fixed Rate With £999 Fee at 3.69% (Up to 70% LTV) Available

(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwire) -- 09/02/11 -- has reduced all by 0.1% for new applications. All changes came into effect Thursday 1 September 2011.

Martyn Dyson, head of at Nationwide, said: "We know from our mortgage consultants and brokers that five-year fixed rate products are popular with borrowers, so our latest rate reduction ensures our deals continue to be amongst the most competitive in the market place."

Five-year fixed rate available at 3.69% (up to 70% LTV)

Five-year fixed rate available at 3.89% (up to 70% LTV)

All other Nationwide mortgage rates remain unchanged.

About Nationwide

Nationwide Building Society is the world's largest building society and a top-three provider of mortgages and in the UK. It is also a major provider of , and . With around 16 million members, Nationwide has a relationship with around a quarter of the UK population.

Since the credit crunch began in 2007, Nationwide has remained profitable against a very difficult economic environment. In the year 2010/11, Nationwide made a strong underlying profit of GBP 276 million - up 30% from the previous year. Its strong financial performances and prudent business model means that Nationwide is included in Global Finance magazine's Top 50 Safest Banks in the World.

Notes to editors:

Key features of the fixed and tracker mortgage product range for new applications





Contacts:
Media information:
Nationwide
Anthony Hua
01793 657770


Nationwide
Jackie Lawrence
01793 655130




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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 02.09.2011 - 00:30 Uhr
Sprache: Deutsch
News-ID 1036431
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LONDON, UNITED KINGDOM


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Investment Services & Trading


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