Nationwide launches fixed rate mortgages

These new rates are available from 10 March 2005 and reflect recent movements in the money markets.

* 2 year fixed rate available from 5.19% (previous rate 4.95%)

* 3 year fixed rate available from 5.19% (previous rate 4.95%)

* 5 year fixed rate available from 5.19% (previous rate 4.95%)

All Nationwide’s new fixed rate and tracker mortgages allow borrowers the additional flexibility to overpay or underpay during the deal period and are available to all borrowers. Nationwide will withdraw its current range of fixed rate mortgage products from close of business on 9 March.