Rate reductions at the Rock

Published on

Northern Rock has reduced some of its mortgage product rates.

The new Everyday two-year fixed rates for home purchase now start from 3.45%, with a rate of 4.89% for customers with a 20% deposit. Product fees are £595.

Tracker rates in the range start from 2.60% (BOE + 2.10%). Purchase customers opting for this product can select an LTV of 80% with a £595 product fee and pay a rate of 4.49% (BOE + 3.99%).

Remortgage customers also see reductions, as customers with a 20% deposit can opt for a two-year flexible fixed rate with a product fee of £995 at 4.89%, a reduction of 0.50%.

Latest POLL

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

Mortgage advisers failing over-50s on later life lending, Key warns

Mortgage advisers are not doing enough to support over-50s with later life lending options,...

Kuflink announces leadership change as CEO steps down

Kuflink has announced that CEO Narinder Khattoare will step down, marking the end of...

Norton Home Loans partners extends access to specialist solutions

Norton Home Loans has partnered with broker London & Country (L&C) Mortgages to widen...

Hinckley & Rugby for Intermediaries expands remortgage service with PEXA

Hinckley & Rugby for Intermediaries is expanding its partnership with PEXA and Optima Legal,...

Other news

Mortgage advisers failing over-50s on later life lending, Key warns

Mortgage advisers are not doing enough to support over-50s with later life lending options,...

Kuflink announces leadership change as CEO steps down

Kuflink has announced that CEO Narinder Khattoare will step down, marking the end of...

Norton Home Loans partners extends access to specialist solutions

Norton Home Loans has partnered with broker London & Country (L&C) Mortgages to widen...