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N&P cuts rates on 85% LTV deal

Norwich and Peterborough Building Society is cutting over 0.25% off the interest rate on its two-year fixed rate 85% LTV mortgage.

The two-year deal is being reduced from 4.15% to 3.89% for new customers, and is available from Friday December 10.  

Richard Barker, mortgage manager at N&P, saysd: “This reduction in our two-year fixed rate mortgage is very good news for those looking to move home in the New Year.”

“We are continually looking to offer a good deal, and these changes mean that N&P is now offering the lowest two-year fixed rate currently available for those with a 15% deposit.”

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