Launched by the Society on Wednesday, 22 October, the mortgage is available to borrowers with a minimum of a 25% deposit, has a £1,295 product fee and is 0.25% lower than N&P’s previous rate for this mortgage.
For those with a 20% deposit, the Society, part of Yorkshire Building Society Group, is also offering a two-year fixed rate at 2.29%, and at 90% loan to value, the Society is offering a three-year mortgage with a 3.49% rate. Both mortgages have a £1,295 product fee.
Richard Barker, Mortgages Product Manager, said:
“We have launched these new mortgages to offer a wide variety of customers more choice whether they’re looking to get onto the property ladder, buy a new home or remortgage. We hope these competitive rates, combined with the quality service N&P provides its customers, will prove popular with people looking for a new mortgage.”
