NatWest Intermediary Solutions is cutting rates on a selection of 60% LTV purchase mortgages and remortgages in both its core and current account ranges.
The current account range deals offer £250 cashback and are available to mortgage applicants that have an active NatWest or RBS current account that was open on 1 July 2012 and is still open at the time the application is accepted.
The rate changes to the current account range are:
- Two-year fixed rate purchase and remortgage, is reducing from 2.99% to 2.85%, 60% LTV, with a £995 product fee
- Two-year tracker purchase and remortgage, is reducing from 3.49% to 3.29% (NatWest Bank Base Rate +2.79%), 60% LTV, with no product fee
Interest only is available on the current account range mortgages where the LTV is 75% or less, subject to applicants meeting the interest only criteria.
The rate changes to the core range are:
- Two-year fixed rate purchase and remortgage, is reducing from 2.99% to 2.85%, 60% LTV, with a £995 product fee
- Two-year tracker purchase and remortgage, is reducing from 3.49% to 3.29% (NatWest Bank Base Rate +2.79%), 60% LTV, with no product fee
“I’m pleased to be able to introduce these new rates that make our 60% deals even more attractive,” said Mark Bullard, head of sales, NatWest Intermediary Solutions.
“The new current account range, which was launched last month, has been well received by intermediaries and we will be looking to continue to support them and their clients with further initiatives in the future.”
