Club members are able to obtain products from 3.49% and 4.09% for 2-year trackers at 60% and 75% LTV respectively – these rates remain the same for both purchases and remortgages; members are also able to submit all their residential mortgage business through the mortgage club.
The highlights of NatWest’s buy to let range are fixed arrangement fees of £1,999 and free valuations and standard legal fees for remortgages. The range is also available to First Time Buyers and First Time Landlords.
Ying Tan, managing director at The Buy to Let Business Mortgage Club, said: “Since the launch of the mortgage club the level of commitment shown by lenders to support our venture has been incredibly positive. To have NatWest Intermediary Solutions as a part of our proposition to our members continues to echo this sentiment and we are excited to have the opportunity of working more closely with them going forward.”
Richard Walker, senior corporate manager at NatWest Intermediary Solutions, added: “We are really pleased to be joining the panel of The Buy to Let Business Mortgage Club.
“We have continued to support the intermediary sector with a range of competitive buy-to-let mortgages backed by a reliable service provided by our BDM and sales support teams.
“We have an appetite to lend in this sector and look forward to being a long-term strategic partner with The Buy to Let Business Mortgage Club.”