Norwich & Peterborough launch new tracker mortgage deals.

A new range of tracker mortgage deals have been launched by the Norwich & Peterborough Building Society.

Included in the new range is a highly competitive 2 year best buy product at 1.99 per cent above the BOE base rate. The lender's competitive new tracker products have been released at a time when mortgage rates are generally increasing. Deals are offered at various LTV levels up to a maximum of 85 per cent LTV, offset versions are also available.

Norwich & Peterborough mortgage product manager Richard Barker, advises that the lender's new 2 and 3 year tracker mortgage deals are highly competitive in the current market. They are amongst the lowest rates available and give customers a great reason for choosing N&P, when purchasing a new home or remortgaging.

He adds that N & P are supporting customers by increasing choice through their extended product range which ensures that more mortgage holders are helped to reduce monthly mortgage payments.

Also offering highly competitive 2 year tracker mortgage deals are the Chelsea Building Society who offer a rate at 1.89 per cent above the BOE base rate for 70 per cent LTV, and HSBC who offer a rate at 1.79 per cent above the BOE base rate for 65 per cent LTV.

While the Bank of England base rate remains at 0.5 per cent base rate trackers are an option for those of you looking for the most competitive rates available in today's mortgage market.

At Deal Direct we are completely up to date on all tracker mortgage rates and can source a competitive deal specifically tailored to your needs.