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N&P slash fixed mortgage rates

Norwich & Peterborough is cutting the rates on its fixed rate mortgages from this week.

For two year fixed rate mortgage schemes there is a new rate of 4.19 per cent, previously 4.64 per cent, at 90 per cent LTV, and a 4.34 per cent mortgage, previously 4.79 per cent at 95 per cent LTV.

For three year fixed there is a new rate of 5.48 per cent from 5.69 per cent at 90 per cent LTV, and a 5.69 per cent mortgage down from 5.89 per cent at 95 per cent LTV.

For five year fixed there is a new rate of 6.24 per cent, previously 6.38 per cent, at 90 per cent LTV, and a 6.39 per cent mortgage, previously 6.54 per cent at 95 per cent LTV.


Timetable for change

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A tough start for 2017 consensus trades

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