At a time when we at MDS hear daily about reduced rates as lenders have what they are all calling a "Summer Sale", Northern Rock has just announced the following:
"On Monday 13 June we will increase our 70% LTV Everyday 5 Year Fixed rates, currently available at 4.25% with a £995 product fee (for purchase and remortgage customers)".
To be fair, Northern Rock has a range of deals available at present, most of which are amongst the best available. Maybe, this announcement is indicative of increased demand or future trends?
If you want to review your options, or don't want to miss out, then call now!
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