New deals and rate cuts from Northern Rock

Published on

Northern Rock has made changes to its mortgage range, adding new deals for residential and buy-to-let customers.

Three-year fixed rates have been cut by up to 0.13 percentage points, with rates starting at 3.09% (with a £995 product fee). Meanwhile, five-year fixed rates have been reduced by up to 0.25 percentage points. Rates now start at 3.75% (again with a £995 product fee).

Selected buy-to-let fixed rate mortgages have been reduced by up to 0.30 percentage points, while selected buy-to-let two-year trackers reduced by up to 0.41 percentage points.

New intermediary exclusives include a three-year fixed rate fee saver option at 70% LTV reduced to 3.15%, new two and five-year fixed fee saver options at 70% LTV and a new two-year buy-to-let fixed rate at 70% LTV (with a £2,495 product fee).

As well as 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.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Cambridge backs care leavers fund

The Cambridge Building Society has committed £22,500 over three years to support a new...

Equity Release Group reports 11% rise in case volumes

Equity Release Group has reported an 11.1% year-on-year rise in case volumes for the...

Mortgage arrears fall again as possessions edge up in Q1

Mortgage arrears declined across both residential and buy-to-let lending in the first quarter of...

MAB Foundation launches £20k grant initiative

The MAB Foundation has launched a one-off £20,000 follow-on funding initiative to mark its...

New research highlights stress of homebuying journey

NatWest and Rightmove have published data which suggests the emotional reward of finding the...

Latest publication

Other news

The Cambridge backs care leavers fund

The Cambridge Building Society has committed £22,500 over three years to support a new...

Equity Release Group reports 11% rise in case volumes

Equity Release Group has reported an 11.1% year-on-year rise in case volumes for the...

Mortgage arrears fall again as possessions edge up in Q1

Mortgage arrears declined across both residential and buy-to-let lending in the first quarter of...