N&P launches 5-year fix

Ewan Edwards, head of marketing at N&P, said: "We improved our three year fixed rate mortgage range at the end of August, and are pleased to be adding a best buy five year fix to our range too. The new product (at the time of issue) will be the ‘best in the market' at its loan-to-value tier, and will be one of the lowest longer-term fixed rates available in the mortgage market overall."

There is a £995 product fee.