N&P re-enters the tracker mortgage market

Norwich & Peterborough Building Society (N&P) has launched a new range of tracker mortgages, including a best buy 2.49% (BBR +1.99%) two year tracker product.

This comes at a time when certain lenders are increasing mortgage rates for existing borrowers.

Richard Barker, Mortgage Product Manager at N&P, said:  "Our new two and three year tracker products are very competitive in the market and are amongst the lowest available.  The new 2.49% two year tracker is N&P's lowest mortgage rate, offering customers a fantastic reason to consider N&P when remortgaging.  The new tracker products are available at a range of LTV tiers (up to 85% LTV) and offer Offset versions, this supports our desire to increase customer choice and ensures we can help more customers reduce their monthly mortgage payments."

For more information, visit nandp.co.uk.