Norwich & Peterborough Building Society has reduced its three-year tracker rate, asserting its place in the variable mortgage market.
Available to purchase and remortgage borrowers, this mortgage offers a competitive variable rate of 2.59% for three years and has a maximum loan-to-value of 75%.
A fee of £795 is payable either upfront or can be added to the mortgage advance.
A wealth of flexible features are offered with this mortgage, including the option to make overpayments of up to 10% of the outstanding mortgage balance, underpayments and take payment holidays.
A hefty rate reduction of 0.30% should help boost this competitive and flexible mortgage's appeal further. Four out of five Moneyfacts Stars have been awarded.
Compare variable and tracker rate mortgages Compare discounted rate mortgages
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.