N&P is offering borrowers with a 25% deposit a competitive two-year fixed rate mortgage at 1.28% with a £1,475 product fee.
For those with a smaller deposit, N&P also offers a 1.57% two-year fixed rate mortgage at 85% LTV, or a 2.13% two-year fixed rate mortgage at 90% LTV, both with a £945 product fee.
All of the mortgages are available to those buying a home or remortgaging.
Richard Barker, Mortgage Product Manager for Norwich & Peterborough Building Society, said: “We always try to offer borrowers a range of options and good value for money. Our new two-year fixed rate mortgages will offer borrowers with a range of deposits competitive rates for the next couple of years.”