Northern Rock unveils intermediary exclusives

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Northern Rock has unveiled a new range of fixed rate mortgages for both remortgage and purchase customers.

The deals are available exclusively through its intermediary partners.

The new two-year fixed rate for purchase customers at 70% LTV is available at 2.99% with a £1,995 product fee, and the new remortgage two-year fixed rate is available at 3.05%

The state-owned bank has also launched an exclusive two-year fixed rate, available at 3.20% with a £1,995 product fee for both purchase and remortgages customers. It is available up to 75% LTV.

The remortgage products offer Northern Rock’s benefit package of a free valuation and free legal work. The new products have a maximum loan size of £250,000.

Andy Tate, Northern Rock’s customer and commercial director, said: “Intermediaries remain a really important part of Northern Rock’s business model. As we continue to look for ways to support intermediaries

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