Northern Rock offers raft of competitive new mortgage products

Northern Rock has made changes to its mortgage portfolio, introducing competitive new deals for residential and buy to let customers alike.

Related topics:  Mortgages
Millie Dyson
27th September 2011
Mortgages
- 3-year fixed rates reduced by up to 0.13%. Rates start at 3.09% (with a £995 product fee)

- 5-year fixed rates reduced by up to 0.25%. Rates start at 3.75% (with a £995 product fee)

- Selected BTL fixed rate mortgages reduced by up to 0.30%

- Selected BTL 2-year Trackers reduced by up to 0.41%

- Intermediary Exclusive - 3-year fixed rate fee saver option at 70% LTV reduced to 3.15%

- Intermediary Exclusive – new 2 and 5 year fixed fee saver options at 70% LTV

- Intermediary Exclusive – new 2-year BTL fixed rate at 70% LTV (with a £2,495 product fee)

In addition to the changes to its core range, the lender has also refreshed its products available exclusively through intermediaries registered with a Northern Rock national account.

Lloyd Cochrane, Head of Lending Products at Northern Rock, said:

“We are continuing to support the mortgage market with a range of deals to suit all types of customer.

“We offer attractive deals for borrowers with deposits of whatever size, with a number of terms and rate options also available, whether you are looking for a buy to let investment, or a new home for your family.

“We continue to offer a variety of products designed exclusively for the intermediary sector with competitive rates and features."
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