N&P launches its lowest ever five-year fix

Posted on Wednesday, April 22 by Joy Tibbs

Norwich & Peterborough Building Society has launched its lowest ever five-year fixed-rate mortgage for remortgage customers, home movers and first-time buyers.

The mortgage, available to customers with a 35% deposit (65% loan-to-value), is a 2.28% rate fixed for five years, with a £1,295 product fee.

The deal complements its existing mortgage range, which includes a 1.64% two-year fixed rate with a £195 product fee, also available to borrowers with a 35% deposit.

Richard Barker, mortgages manager for N&P, said: “This new mortgage is part of Norwich & Peterborough’s wide range, which aims to help all types of borrowers, including those with larger or smaller deposits, first-time buyers and those who want to remortgage or buy a new property.”

Add Your Comment
Name (required)
Email (required - will not be published)
Estimated property value
Mortgage Balance
free guides & tools
latest news

The 0.25% increase to the Bank of England base rate will mean an average rise…Read more »

Teachers Building Society has launched a new fee-free two-year fixed-rate intermediary-exclusive remortgage deal at 1.79%.

Read more »

Remortgaging was responsible for a record proportion of valuations in August, according to new figures…Read more »

popular searches