N&P unveils new three-year deals

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The Norwich & Peterborough Building Society (N&P) has unveiled three-year fixed rate mortgages at 65%, 75% and 85% loan-to-value (LTV).

N&P is offering borrowers with a 35% deposit a three-year fixed rate mortgage at 1.73%. For those borrowing more, N&P also offers a 1.92% three-year fixed rate mortgage at 75% LTV, or a 2.08% three-year fixed rate mortgage at 85% LTV.

All of the mortgages are available to those buying a home or remortgaging and have a £1,475 product fee.

Richard Barker, mortgage product manager for Norwich & Peterborough Building Society, said: “We always try to offer borrowers a range of options and good, long-term value for money.

“Our new three-year fix range will give borrowers looking for security during a time of uncertainty the reassurance of fixing their mortgage repayments at a competitive rate for the next 36 months.”

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