Northern Rock improves buy-to-let range

Northern Rock has reduced rates on its two and five-year Flexible Base Rate Tracker products.

The two-year product is now available at 5.59% which is 1.09% over the Bank base rate and the five-year product at 5.79%, 1.29% over Bank base rate.

Both products are fully flexible, available up to 87% LTV and for a slightly higher rate, the option of paying no arrangement fee.

The five-year tracker has no Early Repayment Charge.

All product end dates have been extended to January 1 where applicable and all residential rates are unchanged.

All changes will take effect from September 28.