Nationwide has upped rates on a selection of its two-, five- and 10-year fixes alongside two-year trackers by up to 0.50 per cent.

The rate increases concern first-time buyer, remortgage and existing home mover products and range from 0.45 per cent to 0.50 per cent.

For FTBs, the changes occur across 85 per cent LTV and 90 per cent LTV products and include the 85 per cent LTV two-year fix with £999 fee moving up 0.50 per cent to 2.74 per cent and the zero-fee version moving to 2.99 per cent.

Within the remortgage range, 85 per cent LTV products are affected and all by 0.50 per cent. This includes the two-year fixed rate with £999 fee being increased to 2.64 per cent and the zero-fee version to 2.94 per cent.

The existing home mover product range has received increases of 0.45 per cent and 0.50 per cent on 85 per cent LTV, 90 per cent LTV and 95 per cent LTV options, meanwhile.

In a note to brokers, Nationwide adds that loans above 85 per cent LTV are only available to FTBs and existing customers who are moving home on a like-for-like basis.