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Northern Rock Lowers Rates

Northern Rock has lowered its rates for fixed and capped mortgages.

The range of new products launched by the bank offers reductions of up to 0.7 per cent compared to the range launched at the end of August.

Northern Rock&#39s standard two year fixed rate mortgage is available from 1.99 per cent a year with flexible fixed rate mortgages from 3.99 per cent and flexible capped mortgages from 4.59 per cent.

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