Nationwide cuts fixed mortgage rates by up to 15bps from 18 August, taking its lowest rate back below 4.5%

Nationwide cut fixed rates by up to 0.15% across two-, three- and five-year products from 18 August, taking its lowest home-mover rate to 4.48%. The move follows easing swap rates, which underpin fixed-rate pricing, and builds on cuts made earlier this month. For buyers — particularly first-time buyers at 95% LTV — it modestly widens what is affordable; for sellers, it helps support demand through a quiet August. This is one lender trimming at the margins, not a broad repricing.