N&P unveils rate reductions

Norwich and Peterborough is reducing the rates on two of its 10-year fixed rate mortgages.

Richard Barker, product manager for N&P, says: Following recent movements in money market rates, were pleased to be able to reduce the rates on two of our 10-year fixes, and to offer our customers new rates of 5.31% and 5.38%.

Following the launch of our first ever 15 and 20 year fixed rate mortgages last week, anyone looking to fix their repayments for a longer period should pop in to one of our branches or call our contact centre to see how we can help.