Northern Rock launches two-year fix remortgage loan up to 55% LTV.
The loan offers a product fee of £1,095, free standard legal services and a basic valuation for customers from another lender.
The product will be available exclusively to mortgage intermediaries who are registered with a national account with Northern Rock, which is distributing the product.
Richard Tugwell, intermediary sales director at Virgin Money, (pictured) said: “The relationships we have with our intermediary partners remain at the heart of our mortgage business. This new deal demonstrates our commitment to offer attractive products to customers, and that we will not favour direct business over the intermediary channel.”
