Norwich & Peterborough launch new two year fixed rate mortgage

A two year fixed rate mortgage with a best buy rate of 1.99% is being launched by Norwich & Peterborough Building Society (N&P) on Friday, 13  September.

The product is available up to 65% LTV (loan to value), with a low product fee of £295.
 
"In addition to the best buy rate, the fee is low and the mortgage comes with added incentives such as a free valuation, and free legal fees for borrowers remortgaging or £200 cashback for homebuyers, to keep down upfront costs for borrowers," said N&P product manager Richard Barker.
 
"We're pleased to be able to offer a two year fixed rate mortgage below 2% again. We've seen rising demand for our competitive, low-fee products over the summer so expect plenty of interest in this latest addition to our range."

For more information, visit nandp.co.uk.