NatWest introduces 50pc LTV broker deals
At 50% LTV NatWest has launched a 2-year fix at 2.45% and a 5-year fix at 2.99% both with a £995 product fee for purchases and remortgages with £250 cashback for main bank deals.
Mark Bullard, head of sales at NatWest Intermediary Solutions, said: “Having enjoyed fantastic support from intermediaries in 2012 I am pleased that we are able to introduce even greater choice to our ranges of mortgages at the start of 2013.”
In the core range the18-month tracker will be reduced to 2.79% from 2.89% at 75% LTV with no product fee available in the core range and in the main bank.
While in the main bank range the 2-year fixed rate will increase to 2.29% from 2.28% at 60% LTV and the 5-year fixed rate will increase to 3.19% from 3.15% at 70% LTV.