Rock offers advisers exclusive fixed rate mortgage

  • Story by: David Pawsey
  • Magazine: MortgageAdviser
  • Published Thursday , August 21, 2008

Northern Rock has launched a new flexible three-year fixed rate mortgage exclusively for intermediaries.

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The product has a rate of 5.79 per cent and is available up to 75 per cent loan-to-value (LTV).

It has a fee of £1,195 and is available for both purchase and remortgage cases.

Northern Rock offers free basic valuation and free standard legals available on all residential remortgage cases.

The maximum loan size is £1m and there is an early repayment charges of 4 per cent until 1 October 2011.

This product is not available to existing Northern Rock customers.

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