New product changes at N&P

N&P pull lowest ever ten-year fixed rate mortgage

The Norwich & Peterborough Building Society has pulled its 3.99% ten-year fixed rate mortgage deal from the market due to massive demand.
N&P cuts rates on 85% LTV mortgages

N&P has cut the cost of many of its 85 per cent LTV fixed-rate mortgage products.

Tuesday, 24 August 2010 12:00

Norwich and Peterborough Building Society (N&P) has announced it is to introduce a new best-buy three-year fixed-rate mortgage at 75 per cent loan-to-value (LTV).

It will also be lowering the rates on its existing 85 per cent LTV three-year fixed-rate products with immediate effect.

Product manager at N&P Richard Barker said: "We improved our mortgage range at the beginning of August and are happy to be doing so again now."

The industry figure noted he is hopeful the offers will prove attractive among people wishing to purchase their own home, those hoping to remortgage and customers seeking a competitive deal.