Northern Rock has cut rates by up to 0.18 basis points on its Intermediary Exclusive product range.

It also offers Fee Saver Option (FSO) products for borrowers who are looking to keep their fee costs as low as possible.

Northern Rock’s two-year fixed rates with no product fee will now start from 3.25% for both purchase and remortgage customers.

Three-year fixed rates with no product fee will now be available at 3.64% for both purchase and remortgage customers.

It also still offers an exclusive two-year fixed rate at 2.89% with £995 product fee.

Northern Rock’s remortgage products offer the lender’s standard free valuation and legal package, and are available to all intermediaries registered with a Northern Rock National Account.

Alongside the improvements to its Exclusive product range, Northern Rock has made a number of changes to its core products, including reductions to its Fee Saver Products, trackers and buy-to-let fixed rates.