NatWest IS introduces new tracker
The new core range product is an 18 month tracker 75% LTV purchase mortgage offering an initial rate of 2.99% with a £499 fee.
Two new exclusive products are also being launched for Openwork, Your Move and Citri. Both are two year fixed rate 60% LTV deals – one a purchase mortgage with a rate of 3.44% and a £499 fee and the other is a remortgage with an initial rate of 3.54% with a £499 fee.
The rates on both the purchase and remortgage two year fixed rate 70% LTV products have been reduced by 0.05% and the arrangement fees have been cut by £500 so that now the initial deal for the purchase product is 3.50% with a £499 arrangement fee and for remortgage is 3.60% with the same fee.