Northern Rock refreshes range

Published on

Northern Rock has made improvements to its mortgage range, introducing new deals for customers through both direct and indirect channels.

Rates at both 80% and 85% LTV have been cut, while the cashback feature has now been extended across the whole buy-to let range. A two-year fixed rate at 80% LTV now starts from 3.54%, while at 85% LTV rates now start from 3.79%.

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

At 70% LTV, there are intermediary exclusives at a two-year fixed rate period (2.55% with a £995 product fee) and five-year fixed at 3.55% with a £995 product fee. The five-year fixed rate fee saver option has been reduced to 3.68%.

Lloyd Cochrane, head of lending products at Northern Rock, said: “We are delighted to extend our cashback incentive across the whole of our attractive range of buy-to-let products and

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 Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...