Norwich & Peterborough two-year variable rate mortgage available

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www.moneynews.co.uk > Mortgages > Norwich & Peterborough two-year variable rate mortgage available

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Norwich & Peterborough two-year variable rate mortgage available

A Norwich & Peterborough two-year variable rate mortgage is currently available at a discounted rate of 3.3 per cent interest.

After the opening two-year period the interest level on this package will revert to the standard variable rate, currently at 6.3 per cent.

Overall, the cost for comparison on this mortgage is 5.9 per cent annual percentage rate.

If any repayments on the Norwich & Peterborough two-year variable rate mortgage are made within five years of the outset of the deal, an early repayment charge will apply.

A valuation fee of £220 is placed on the deal, but no arrangement charges will come into effect.

Norwich & Peterborough Building Society has over 50 branches in the East Anglia and Lincolnshire area and also has a division specialising in insurance brokering.

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