N&P launches best buy mortgage range

Norwich & Peterborough Building Society (N&P) has launched a new range of mortgages, including N&P’s lowest ever three year fixed.

With a rate of just 2.99%, it is available to customers with a £795 fee, and for those who prefer a lower fee option, a three year fixed at 3.09% with a £295 fee is also available.  Completing the range is a two year fixed at 2.94% which comes with a low fee of £295.  All three products are available to borrowers who have a deposit of 25% (75% LTV).

Commenting on the new mortgages, Richard Barker, Mortgage Product Manager at N&P, said:  “We are really excited about the launch of this new range and believe it offers our customers competitive rates alongside a variety of terms and fee options.  Since our merger with Yorkshire Building Society we have been looking at developing our mortgage portfolio with the aim of offering more exciting and competitive deals throughout 2012.  We understand that some individuals prefer a lower fee option, while others will be more concerned with rate options.  By launching these new products, we believe this reflects what customers need in the shorter term mortgage market.”

For more information, visit nandp.co.uk.