Northern Rock launches new product range

Available with no extended early repayment charge, they now start from 5.19% and 5.89% respectively. A 2 Year Flexible Fixed Rate is also available with a one year extended ERC and rates starting at 4.99%. The new range will be available from close of business on Friday 4 June.

These products are fully flexible, allowing underpayments, overpayments, redraws and payment holidays. The same products are available with the option of paying no Arrangement Fee.

Northern Rock’s policy for product withdrawals means intermediaries will have until Friday 11 June 2004, to submit applications for the outgoing range.