Northern Rock cuts Everyday mortgage rates

Published on

Northern Rock has reduced the rates on certain products within its Everyday range of residential mortgages.

Everyday two-year fixed rates for customers with a 30% deposit start from 3.29%, or 3.68% for customers with a 25% deposit. Both of these deals have product fees of £995 and are available for purchase and remortgage customers.

Everyday three-year fixed rates, which were introduced to the market last month, are available from 4.38% for customers with a 25% deposit and a product fee of £995.

Everyday two-year tracker rates now start from 2.48% (Bank of England rate plus 1.98%) with a product fee of £995, for purchase customers with a 30% deposit.

80% LTV Everyday two-year fixed rates start from 4.59%, or 4.89% for an Everyday three-year fixed rate. Both deals have product fees of £995.

In addition, 85% LTV Everyday two-year fixed rates are available from 5.29%, or 5.59% for an Everyday three-year fixed rate. Both deals have product fees of £995.

Everyday mortgages offer customers the ability to make overpayments of up to 10% each year and the option to apply for payment holidays.

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

WIS Mortgages sets out five-year adviser growth strategy

WIS Mortgages has announced a five-year growth plan centred on expanding its adviser community...

Nivo targets specialist lenders with AI-powered case management service

Nivo has launched an AI case coordination platform aimed at helping specialist lenders process...

New Leaf Network extends Twenty7tec technology agreement

New Leaf Network has agreed a further three-year partnership with Twenty7tec, retaining the technology...

HTB provides £9.8m funding for North West property portfolio

Hampshire Trust Bank (HTB) has refinanced a portfolio of 40 properties in the North...

Mortgage brokers have little to fear from AI, says Mortgageforce boss

Mortgage brokers should embrace artificial intelligence rather than fear it will ultimately replace them,...

Latest publication

Other news

The FCA protection market study shouldn’t ignore redundancy

Considering a third of employers are likely to implement staff redundancies by January 2027,...

WIS Mortgages sets out five-year adviser growth strategy

WIS Mortgages has announced a five-year growth plan centred on expanding its adviser community...

Nivo targets specialist lenders with AI-powered case management service

Nivo has launched an AI case coordination platform aimed at helping specialist lenders process...