Northern Rock reduces rates

Northern Rock has reduced rates by up to 0.18% on its intermediary exclusive product range.

Northern Rock’s two-year fixed rates with no product fee will now start from 3.25% for both purchase and remortgage customers. Three-year fixed rates with no product fee will now be available at 3.64% for both purchase and remortgage customers.

Northern Rock’s remortgage products offer the lender’s standard free valuation and legal package, and are available to all intermediaries registered with a Northern Rock National Account.

Northern Rock has also made a number of changes to its core products, including reductions to its fee saver products, trackers and buy-to-let fixed rates.

A two-year everyday fixed rate mortgage at 85% LTV with no product fee is now available from 4.38%.

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