2-Year residential Fixed rates now start at 3.10% at 70% LTV, for both purchase and remortgage customers with a £995 product fee. The same deal without a product fee is available from 3.55% at 70% LTV.
Northern Rock continues to offer support to customers with smaller deposits, and has cut rates on its 80% LTV and 85% LTV products by up to 0.40%. A 2-Year Everyday Fixed rate at 80% LTV for purchase customers is now available at just 4.08% with a £995 product fee.
Everyday mortgages offer customers simple, straightforward mortgage deals with competitive rates and the ability to make overpayments of up to 10% each year, as well as the option to apply for payment holidays.
Northern Rock continues to offer a choice of competitive Fee Saver options across its range of residential mortgages for customers who are looking to keep their fee costs as low as possible.
The company also offers a Flexible range, which offers customers the chance to apply to use more of Northern Rock’s flexible features such as unlimited charge-free overpayments, underpayments or borrowing back overpayments.
Northern Rock offers a free basic valuation (excluding non-standard work) and free standard legal costs on residential remortgage cases. And there is also a competitive range of Buy-to-Let mortgages available.