First-time buyers 'will benefit from new mortgage options'
Norwich and Peterborough (N&P) Building Society has unveiled two new mortgages that it believes will prove tempting options for people keen to get their foot on the first rung of the property ladder.
The first is a two-year fixed rate mortgage at 90 per cent loan-to-value (LTV) offering a rate of 5.69 per cent, with a £995 product fee, while the second provides a lower rate of 4.95 per cent for the first two years.
Product manager for mortgages at the society Richard Barker said the latter mortgage "might be perfect for those looking for lower repayments while they find their feet as a homeowner".
Mr Barker added he hopes "a greater number of people" will be able to find a mortgage and purchase their first property, thanks to the offers.
Those interested in the products can find out more online, over the telephone or by visiting any N&P branch.
Use the Myfinances.co.uk comparison tools to find the best deal on a new mortgage
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