N&P cuts rates

Norwich and Peterborough is reducing rates on its UK and Spanish fixed rate mortgages. Fixed rate schemes over two years will be reduced from 4.78% to 4.68% for a maximum 90% LTV and £699 reservation fee, from 4.98% to 4.84% for a maximum 90% LTV and £385 reservation fee, and from 5.34% to 5.24% with a maximum 90% LTV, free valuation, £475 reservation fee and free legal service or £200 cashback for remortgages.