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Norwich & Peterborough – Five Year Fixed Offset Mortgage

Norwich & Peterborough

Five Year Fixed Offset Mortgage

Type: Fixed-rate offset mortgage

Fixed term: Five years

Fixed rate: 5.44%

Minimum loan: 50,000

Maximum loan: Up to 90% of valuation subject to a maximum of 500,000, up to 85% of valuation subject to a maximum of 1m, up to 80% of valuation subject to a maximum of 2m

Income multiples: Based on affordability

Flexible features: Underpayments, overpayments, payment holidays, lump sum withdrawals, interest calculated daily, offset facility

Arrangement fee: 475

Redemption fee: 5% of mortgage balance first three years, 4% in year 4, 3% in year 5

Introducers fee: 0.25% of original loan subject to a 125 minimum and 1,000 maximum

Tel: 0845 300 3444

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