Northern Rock makes it more affordable for customers Everyday:
- Everyday residential 2 Year Fixed Rates start from 4.59% up to 85% LTV (previously 4.89%)
- Everyday residential 3 Year Fixed Rates start from 4.99% up to 85% LTV (previously 5.29%)
- Everyday residential 5 Year Fixed Rates start from 5.29% up to 85% LTV (previously 5.59%)
- In addition, Everyday BTL Fixed Rates reduced and now available from 5.59% up to 70% LTV
Northern Rock has today improved its Everyday mortgage range, offering lower rates which will make it easier for those looking to take their first steps onto the property ladder.
Northern Rock has also reduced rates on its Everyday Buy-to-Let range by up to 0.60% whilst changing the fee structure. Everyday Buy-to-Let 2-Year Fixed Rates for customers with a 30% deposit (70% LTV), now start from 5.59% with a flat product fee of £1,995.
Everyday mortgages offer customers simple, straightforward mortgage deals with competitive rates and the ability to make overpayments of up to 10% each year and the option to apply for payment holidays.
Lloyd Cochrane, Head of Mortgage Products at Northern Rock said:
“Today’s improvements to our product range reduce the monthly mortgage cost for customers with smaller deposits, and make it more affordable for those looking to either buy a home, or remortgage from their existing deal.”
