NatWest launch higher LTV deals

Sam Cordon

July 4, 2013

The new deals include a 90% loan to value first-time buyer mortgage, two new 90% LTV purchase and remortgage deals and six 85% LTV purchase and remortgage deals.

Highlights of the range include a 3.49% 2-year fixed rate available up to 85% LTV, a 4.65% 3-year fixed rate for first-time buyers borrowing up to 90% LTV and a 4.69% 5-year fixed rate for up to 85% LTV.

In addition NatWest is reducing the rates on a number of its existing purchase and remortgage deals.

Mark Bullard, head of sales at NatWest Intermediary Solutions, said: “With the introduction of these new 85% and 90% LTV deals, we now have a fantastic product proposition across multiple LTV bands.

“The focus we have had recently on the first-time buyer market continues with the launch of a new 3-year fixed rate deal with no product fee, which is exclusive to the intermediary channel, and a 20bps reduction in our two year fixed rate first-time buyer deal.

“The balance we offer now of rate, fee, LTV and term means that this is one of the most comprehensive portfolios we have delivered to our broker partners.”

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