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Northern Rock launches new product range

Northern Rock has introduced new rates on its two and three year flexible fixed rate products.

Available with no extended early repayment charge, they now start from 5.19% and 5.89%.

A two year flexible fixed rate is also available with a one year extended ERC and rates starting at 4.99%. The new range will be available from close of business on Friday June 4.

The products are fully flexible, allowing underpayments, overpayments, redraws and payment holidays. The same products are available with the option of paying no arrangement fee.

Northern Rock&#39s policy for product withdrawals means intermediaries have until Friday June 11 2004, to submit applications for the outgoing range.

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