Northern Rock cuts rates by up to 0.5%
Share
Northern Rock has cut some of the rates on its mortgage range, with fixed rate deals starting from 3.45%.
The 3.45% rate is available at up 70% LTV with a £595 fee.
The lender has another two-year fixed rate deal at 4.89% at up to 80% LTV, again with a £595 fee.
There is also a two-year fixed rate deal at 4.89%, cut by 0.5%, for remortgage customers with an 80% LTV.
It comes with a £995 product fee.
For customers wanting trackers, Northern Rock’s range includes a two-year tracker at 2.60%, or Bank of England base rate plus 2.10%, at up to 70% LTV with a £595 fee.
Purchase borrowers can also take out a tracker at 4.49%, or base plus 3.99%, at up to 80% LTV with a £595 fee.
If you enjoyed this article, sign up here to receive daily email updates from Mortgage Strategy and Follow @mortgagestrat
