Northern Rock Withdraws Pounds 99 Mortgage Fee ; Technical Problem Blamed for U-Turn

The JournalAugust 25, 2010

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Summary


NEWCASTLE-BASED bank Northern Rock has been forced to withdraw its pounds 99 mortgage application fee due to a technical problem, it emerged last night.

The group had planned to launch the reduced fee for fixed rate, tracker and buy-to-let mortgages for people buying a property from yesterday.

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Northern Rock Withdraws Pounds 99 Mortgage Fee ; Technical Problem Blamed for U-Turn

But it has had to delay introducing the new charge due to what it described as an "internal system err...

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