Norwich & Peterborough Spanish fixed-rate mortgages updated

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Norwich & Peterborough Spanish fixed-rate mortgages updated

The Norwich & Peterborough Spanish fixed-rate mortgages have seen their rates reduced, starting from today.

For the two-year deal the rate has been reduced from 3.79 per cent to 3.59 per cent, while the five-year deal has gone from 5.49 per cent to 5.24 per cent.

Customers can borrow up to 75 per cent of the sterling equivalent for the property valuation.

Furthermore, the borrower will receive the mortgage advance in sterling from the lender and repayments must be made by direct debit from a UK-based account.

Both Norwich & Peterborough Spanish fixed-rate mortgages come with a £250 reservation fee.

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