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NR ups rates by up to 0.2% across range

Northern Rock has increased its rates across its entire residential and buy-to-let range by up to 0.2% in response to rising swap rates.

The changes will take effect from Wednesday June 20 2007 and the current range remains available until midnight on Tuesday 19.

Flexible fixed rates will be available from 5.59%, with a £1,995 product fee.

There is a 0.2% increase on five-year flexible fixed rates and a 0.1% increase on 10 and 15-year products.

Buy-to-let mortgages will be available from 5.24% and up to 89% LTV, representing an increase of rates by 0.1% across the board.

The Together range will now be available from 6.19%, with an increase of 0.2% to the stepped fixed rates and a 0.1% increase on all other Together rates.

All residential flexible trackers will be increased by 0.1% and now start from Bank of England base rate plus 0.54% with a £995 product fee.

All Lifetime rates will be increased by 0.3% and Lifetime Fixed rates will now start from 7.59% with a £995 product fee.


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