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%.
