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Northern Rock launches intermediary exclusives from 2.59%

Northern Rock is launching a range of mortgage products available exclusively via intermediaries, with rates from 2.59 per cent.

The products are available for both purchase and remortgage customers and include a two-year fix at 2.59 per cent with a £995 fee available up to 65 per cent LTV, and the same deal available up to 75 per cent LTV with a rate of 2.77 per cent.

The lender is also launching a three-year fix at 3.29 per cent with a £995 product fee available up to 75 per cent LTV and a five-year fix at 3.68 per cent with a £995 fee available up to 65 per cent LTV.

It is continuing to offer its fee-free two-year fix at 4.95 per cent available up to 90 per cent LTV.

Lloyd Cochrane, head of lending products at Northern Rock, says: “This latest product range is designed exclusively for the intermediary sector with competitive rates and features.

“We have maintained our very attractive exclusive product at 90 per cent LTV, but we have also added a range of products at lower LTVs, most notably our very keenly priced five-year fixed rate at 65 per cent LTV.”

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