NatWest IS launches new products

Nia Williams

February 5, 2010

The new range includes a mix of 2 year tracker and 3 year fixed rate purchase mortgages offering a broad range of maximum LTVs from 60-90% and a 2 year fixed rate remortgage.

The 2 year 60% LTV tracker is offering an initial rate of 2.69% whilst the 2 year 90% tracker, aimed at first-time buyers, is offering an initial rate of 4.99% with a low £99 arrangement fee.

These new products will be available to intermediaries who are members of Countrywide, Sesame/PMS, Connell’s (including the Pink Group and BDS), Personal Touch, Legal & General Mortgage Club, Openwork/Your Move, Mortgage Next/Mortgage Intelligence, Home of Choice, Simply Biz, Concordia, Positive Solutions and Intrinsic.

A new 2 year fixed rate remortgage offering a rate of 4.39% for a maximum LTV of 75% has also been added to its core range.

Graham Felstead, director of NatWest Intermediary Solutions, said: “It’s great to be able to mark the recent launch of NatWest Intermediary Solutions with such a broad range of products. I have been very encouraged by the great feedback we have received from the many intermediaries we have spoken to over the last two weeks about our new proposition. We have also had some really productive conversations with our business partners about the types of mortgage products that they would like to see in our range. I believe that the new products we are introducing today and the improvements we have made to our processing will prove to be a winning combination.”

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