Norwich & Peterborough Building Society (N&P) has introduced a new range of tracker mortgages.

For example, it has launched a two-year base rate tracker at Bank Base Rate (BBR) +1.99%.

The maximum LTV is 75% and it comes with a £795 product fee’.

Richard Barker, mortgage product manager at N&P, said: “Our new two and three year tracker products are very competitive in the market and are amongst the lowest available. The new 2.49% two year tracker is N&P’s lowest mortgage rate