NatWest sets out H2B2 stall
NIS will offer a 2-year fixed rate at 4.99% and a 5-year fixed rate at 5.49%. Both products are fee free and available at 95% loan to value.
Mark Bullard, head of sales, NatWest Intermediary Solutions said: “There has been a lot of anticipation about the introduction of mortgages to support the Help to Buy: mortgage guarantee scheme, so I am delighted that we now have these deals available to intermediaries.
“It’s a great way to kick off 2014 which promises to continue the market improvements seen in 2013.
“As a mainstream lender, we are committed to supporting brokers this year with a comprehensive range of mortgages, five star service and top quality BDM support”.
NIS is also reducing the rates on some of its 60% LTV purchase and remortgage deals with its 2-year fixed rate is decreasing to 1.85% from 1.89% with a £995 product fee.