N&P will now be offering 2-year and 5-year fixed rates at 2.24% and 2.74% respectively. Both products are available up to 60% loan to value and have product fees of £295.
Richard Barker, N&P product manager, said: "Rates continue to fall for borrowers and we are helping to ensure those borrowers seeking to pay lower fees are also benefiting.
"These two mortgages are very competitive and placed at the top of the best buy charts for low-fee products so we expect them to be very popular."
These new products follow N&P making 10-year mortgages available earlier in February.
