The new 2-Year Fixed rate for purchase customers at 70% LTV is available at 2.99% with a £1,995 product fee, and the new remortgage 2-Year Fixed rate is available at 3.05%.
For customers looking for an LTV of up to 75%, an Exclusive 2-Year fixed rate is available at 3.20% with a £1,995 product fee for both purchase and remortgages customers.
The remortgage products offer Northern Rock’s benefit package of a free valuation and free legal work.
Andy Tate, Northern Rock’s Customer and Commercial Director, said:
“Intermediaries remain a really important part of Northern Rock’s business model. As we continue to look for ways to support intermediaries, we are launching these competitive Exclusive products.
The new deals offer intermediaries something a bit different and we believe both brokers and their clients will benefit from the additional options.”
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.
These new products have a maximum loan size of £250,000.
