NatWest confirms no dual pricing for H2B2

Sam Cordon

October 17, 2013

The lender plans to release its Help to Buy 2 products to brokers before the original launch date of 1 January and confirmed the rates offered will be identical to those currently available direct to customers through its branch network.

Mark Bullard, head of sales, NatWest Intermediary Solutions, said: “We will be selling the products to the broker market but at present we are working through technological challenges. The products will be the same as the ones we have released to the broker market – it’s coming.”

The Help to Buy 2 products are a 2-year fixed rate at 4.99% and a 5-year fixed rate at 5.49%.

The lender aims to help 25,500 first-time and next-time buyers over the next three years.

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