Improvement to Northern Rock’s Mortgage Products

Northern Rock, one of the largest mortgage lenders in the UK, has reduced rates on some existing products and introduced new products in addition.

Northern Rock has cut rates across its entire Flexible Fixed range of mortgages and added a number of percentage fee products in addition.

Northern Rock Marketing Director Mr. Mooney said:

"These latest improvements to our product range should receive a warm welcome from borrowers, whether they are looking to step onto the housing ladder, move up a rung, or simply remortgage to a great new product. We believe that our competitive rates and supporting benefits continue to offer a very attractive overall product proposition in keeping with our commitment to openness, transparency, and fair treatment of customers.

"Increasing Help With Costs to £1,000 on our Together range means that customers can now use Help With Costs to cover their Product Fee thereby helping them to offset fee costs. Alternatively, Help With Costs could be used to help offset other costs associated with moving home such as stamp duty, legal fees or home improvements.

A summary of Northern Rock's latest range of mortgage products is available on: http://companyinfo.northernrock.co.uk/corporateRelations/news/article.asp?newsID=77