Northern Rock plc is launching a new range of Everyday mortgageson Monday.
They come with the ability to make overpayments of up to 10% each year, and the option to request payment holidays.
Everyday two-year fixed rates start from 3.69%, and five-year fixed rates start from 5.19%. There are also Everyday Trackers available from 2.75%.
Residential remortgage customers get free basic valuations and free standard legal fees on all products.
Additional flexibility, including unlimited overpayments, payment holidays, underpayments and borrow-back options, are available with Northern Rock’s new two-year flexible tracker from its Flexible range starting from 2.99%.
Lloyd Cochrane, head of mortgage products at Northern Rock, said: “For those customers who would like a full range of flexible features