NatWest IS adds 60% LTV deals to corporate range

Published on

NatWest Intermediary Solutions has added two new purchase mortgages and two new remortgages to its corporate range.

The new deals are a mix of fixed rate and tracker products for clients looking for a maximum 60% LTV loan.

For purchase, there is a two-year fixed rate at 2.75% and a two-year tracker initial rate at 2.29% (NatWest base rate +1.79%).

On the remortgage side, there is a two-year fixed rate at 2.55% and a two-year tracker initial rate again at 2.29% (NatWest base rate +1.79%).

They all come with a £1,499 fee.

Overpayments of up to 10% of the outstanding balance per annum are allowed during the initial deal period. ERC applies.

NatWest doesn’t charge basic legal or valuation fees for a standard residential remortgage.

Mark Bullard,head of sales, NatWest Intermediary Solutions said: “The introduction of these new products offers intermediaries a greater choice in the lower-LTV range. They now have the ability to select a higher fee deal to secure a lower initial rate for those clients looking for larger loans

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...