Northern Rock reduces rates across residential and BTL ranges
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Northern Rock has reduced rates on a range of Everyday residential mortgages and reduced buy-to-let product fees by up to 0.50%.
Everyday five-year fixed rates for customers with a 30% deposit start from 4.39%, or 4.59% for customers with a 25% deposit. Both products have product fees of £995 and are available for purchase and remortgage customers.
Northern Rock has also made reductions to its two-year and three-year fixed rate products. two-year fixed rates start from 3.15% and three-year fixed rates start from 4.10%. These examples are available to both purchase and remortgage borrowers with a 30% deposit and who pay a £995 product fee.
In addition, Northern Rock has reduced product fees on its buy-to-Let range by up to 0.5% and reduced rates across the range. Everyday buy-to-let two-year fixed rates for customers with a 30% deposit, now start from 5.69% with a 2.0% product fee.
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