Northern Rock launches flexible mortgage range

Natalie Martin

Northern Rock has launched a flexible mortgage range for residential purchase customers.

The range includes a two-year flexible fixed rate for residential purchase customers from 3.99% up to 65% LTV, a five-year flexible fixed rate for residential purchase customers from 5.69% up to 65% LTV.

It also includes a two-year purchase flexible tracker rates for residential purchase customers from 2.99% (BOE + 2.49%) up to 65% LTV.

The new two-year Flexible Tracker mortgage is available to residential purchase customers for 2.99% (BOE + 2.49%) with a £995 Product Fee, or with no Product Fee for 3.79% (BOE + 3.29%).

Two-year flexible fixed rate mortgages for purchase customers have a £995 product fee or from 4.89% for customers who choose a fee saver option.

A two-year flexible fixed rate is also available at 5.19% at 75% LTV with no product fee, or the lower rate of 4.55% with a product fee of £995.

Five-year flexible fixed rates are also on offer to residential purchase customers starting from 5.69% with a £995 product fee, or from 6.19% with no product fee for loans up to 65% LTV

Remortgage products are also available with the added incentives of free basic valuations and free standard legal fees.

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