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