NatWest launches 50pc LTV range and cuts fees
And it is offering 3-year deals at 2-year deal rates in both its Main Bank and Core ranges.
Mark Bullard, head of sales at NatWest Intermediary Solutions, said: “In the run-up to Christmas I am pleased that we are able to offer our business partners an even better choice of mortgages.
“Having looked at the market to see where we could offer some added value we identified that the sub-50% loan to value sector was one where intermediaries had limited choice so our new no product fee mortgages should prove to be attractive.”
In the Main Bank and Core ranges the following new deals are being introduced for purchase and remortgage – Main Bank deals include £250 cashback:
2-year fixed rate 2.75%, 50% LTV, no product fee
5-year fixed rate 3.25%, 50% LTV, no product fee
2-year tracker 3.09%, 70% LTV, no product fee
In the Buy-to-Let range the following new deals are being introduced for purchase and remortgage:
2-year fixed rate 3.79%, 60% LTV, £495 product fee
2-year tracker 3.65%, 60% LTV, £495 product fee