Northern Rock has updated its mortgage portfolio to flexibility to meet the broad range of borrower’s needs.

Northern Rock’s latest mortgage range offers a wide choice of products and product fees to cater for individual customer circumstances.

Northern Rock also offers a competitive range of Buy To Let mortgages up to 89% LTV with a guaranteed Fast Track Service available for qualifying customers.

Standard features and benefits include:

- A Fee Saver Option available on all products
- No extended Early Repayment Charges on any Northern Rock mortgage product
- Full flexibility as standard, with daily interest calculation, unlimited penalty free overpayments, underpayments, borrow back overpayments at the product rate and the option to take a payment holiday, even without previous overpayments
- £700 Help With Costs option available on most residential products, including a special offer of £1,000 on Together products (where applicable)

Existing customers can switch to any one of Northern Rock’s latest deals, subject to any conditions attached to their current mortgage.

Main Points:
- Residential short term Flexible Fixed Rate mortgages available from 6.19% with a £1,995 product fee
- Together Flexible Fixed Rate mortgages available from 6.65%
- Together Variable rate mortgages available from 6.59%
- Buy To Let mortgages available from 5.79%
- No Discharge of Mortgage Fee applicable to new Northern Rock products from 30 July
- End dates (where applicable) extended to 1 October (End date for 1½ Year Flexible Fixed Rates extended to 1 April 2009)

Northern Rock Marketing Director Anth Mooney said: “Northern Rock’s mortgage range continues to offer attractive products, with one of the widest selections of terms available on the market and deals from 18 months to 15 years.

“Our range of Flexible Fixed Rate and Together mortgages includes Product Fee options that follow a simple principle - the higher the Product Fee, the lower the interest rate (and monthly payment). It is also worth noting that our Discharge of Mortgage Fee is discontinued for new products from 30 July.

“Our competitive rates and supporting benefits deliver a very attractive overall product proposition in keeping with our commitment to openness, transparency, and fair treatment of customers.”