Fee-free with N&P

The building society's

standard variable mortgage rate is currently 5.69%.

Stephen Penlington, N&P's General Manager Residential Mortgages, said:

"Consumer research shows that our customers dislike mortgage administration

fees. We have therefore removed them entirely from our Discounted Rate and

Base Rate Tracker mortgage range. As a result of these changes our market

leading lifetime Base Rate Tracker product range, for instance, now benefits

from no fees at all - no arrangement fees, no redemption charges, a free

valuation and free legal fees for remortgage customers!"

MAIN DETAILS:

2.75% 2 Year Discount (ie 2.94%) (LTV 90%)

* £395 arrangement fee withdrawn

* Free legal fees for re-mortgage customers

* Free valuation of up to £225 for re-mortgage cases

*

* 2.6% 2 Year Discount (ie 3.09%) (LTV 95%)

* £395 arrangement fee withdrawn

* Free legal fees for re-mortgage cases only

* Free valuation of up to £225 for re-mortgage cases

*

*

*

* (2)

*

* 1.4% 2 Year Discount (ie 4.29%) (LTV 90%)

* £395 arrangement fee withdrawn

* Free legal fees for re-mortgage customers

* Free valuation of up to £225 for re-mortgage customers

*

* 1.25% 2 Year Discount (ie 4.44%) (LTV 90%)

* £395 arrangement fee withdrawn

* Free legal fees for re-mortgage customers

* Free valuation worth up to £225 for re-mortgage cases

*

* 1.25% 3 Year Discount (ie 4.44%) (LTV 90%)

* £295 arrangement fee withdrawn

*

* Bank Base Rate Tracker plus 0.65% (ie 4.65%) (LTV 95%)

* £245 arrangement fee withdrawn

*

* Bank Base Rate Tracker plus 0.55% (ie 4.55%) (LTV 95%)

* £245 arrangement fee withdrawn

MAIN MORTGAGE DETAILS

* No compulsory insurances

* These mortgages can be transferred to another property if the

customer decides to move house

* For further information customers should telephone the Society's

Call Centre on 0845 3002522, call into any branch or log on to

www.npbs.co.uk.