NatWest range changes include new semi-exclusives

Published on

NatWest is reintroducing two-year semi-exclusive deals for both purchases and remortgages.

There are also rate changes to the core and semi-exclusive ranges of residential purchase mortgages and remortgages.

Mark Bullard, head of sales at NatWest, said: “We’ve taken this opportunity to reintroduce our semi-exclusive deals for both purchases and remortgages with some very competitive two-year products.

“Having reviewed our portfolio we have also made some adjustments to rates to reflect the current market conditions and balance our mix of business.”

Full list of the changes are as follows:

CORE RANGE

Residential

NEW

2 year fixed rate purchase

  • [FO17138] 60% LTV, 1.54% (3.8% APRC, 3.99% SVR), £995 product fee, £250 cashback

WITHDRAWALS

 2 year fixed rate purchase

  • [FO16986] 60% LTV, 1.66% (3.8% APRC, 3.99% SVR), £995 product fee

RATE CHANGES

 5 year fixed rate purchase

  • [FO17139] 60% LTV, increasing by 1bps from 1.94% to 1.95% (3.4% APRC, 3.99% SVR), £995 product fee, £250 cashback
  • [FO17140] 70% LTV, increasing by 1bps from 1.98% to 1.99% (3.3% APRC, 3.99% SVR), £995 product fee, £250 cashback
  • [FO17141] 75% LTV, increasing by 2bps from 1.98% to 2.00% (3.4% APRC, 3.99% SVR), £995 product fee, £250 cashback
  • [FO17142] 80% LTV, increasing by 8bps from 2.10% to 2.18% (3.4% APRC, 3.99% SVR), £995 product fee, £250 cashback
  • [FO17143] 85% LTV, increasing by 3bps from 2.31% to 2.34% (3.4% APRC, 3.99% SVR), £995 product fee, £250 cashback

Semi-Exclusives

Residential

NEW

2 year fixed rate purchase

  • [FO17144] 60% LTV, 1.53% (3.8% APRC, 3.99% SVR), £995 product fee, £350 cashback

5 year fixed rate purchase 

  • [FO17145] 60% LTV, 1.91% (3.3% APRC, 3.99% SVR), £995 product fee, £350 cashback

2 year fixed rate remortgage

  • [FO17153] 60% LTV, 1.61% (3.8% APRC, 3.99% SVR), £995 product fee

WITHDRAWALS

5 year fixed rate purchase

  • [FO17100] 60% LTV, 1.89% (3.3% APRC, 3.99% SVR), £995 product fee, £250 cashback

5 year fixed rate purchase

  • [FO17146] 70% LTV, increasing by 1bps from 1.94% to 1.95% (3.3% APRC, 3.99% SVR), £995 product fee, £350 cashback
  • [FO17148] 75% LTV, increasing by 5bps from 2.38% to 2.43% (3.4% APRC, 3.99% SVR), £0 product fee, £500 cashback
  • [FO17147] 75% LTV, increasing by 1bps from 1.94% to 1.95% (3.3% APRC, 3.99% SVR), £995 product fee, £350 cashback
  • [FO17150] 80% LTV, increasing by 1bps from 2.45% to 2.46% (3.5% APRC, 3.99% SVR), £0 product fee, £250 cashback
  • [FO17149] 80% LTV, increasing by 1bps from 2.04% to 2.05% (3.4% APRC, 3.99% SVR), £995 product fee, £500 cashback
  • [FO17151] 85% LTV, increasing by 8bps from 2.16% to 2.24% (3.4% APRC, 3.99% SVR), £995 product fee, £500 cashback
  • [FO17152] 90% LTV, increasing by 2bps from 2.99% to 3.01% (3.7% APRC, 3.99% SVR), £0 product fee, £500 cashback

5 year fixed rate remortgage 

  • [FO17154] 60% LTV, increasing by 2bps from 1.89% to 1.91% (3.3% APRC, 3.99% SVR), £995 product fee
  • [FO17155] 60% LTV, increasing by 4bps from 2.09% to 2.13% (3.3% APRC, 3.99% SVR), £0 product fee
  • [FO17157] 70% LTV, increasing by 5bps from 2.14% to 2.19% (3.4% APRC, 3.99% SVR), £0 product fee
  • [FO17156] 70% LTV, increasing by 1bps from 1.94% to 1.95% (3.3% APRC, 3.99% SVR), £995 product fee
  • [FO17158] 75% LTV, increasing by 1bps from 1.94% to 1.95% (3.3% APRC, 3.99% SVR), £995 product fee
  • [FO17159] 75% LTV, increasing by 1bps from 2.27% to 2.28% (3.4% APRC, 3.99% SVR), £0 product fee
  • [FO17160] 80% LTV, increasing by 5bps from 2.10% to 2.15% (3.4% APRC, 3.99% SVR), £995 product fee
  • [FO17161] 80% LTV, increasing by 1bps from 2.28% to 2.29% (3.4% APRC, 3.99% SVR), £0 product fee
  • [FO17162] 85% LTV, increasing by 10bps from 2.24% to 2.34% (3.5% APRC, 3.99% SVR), £995 product fee
  • [FO17163] 90% LTV, increasing by 20bps from 2.49% to 2.69% (3.6% APRC, 3.99% SVR), £995 product fee, £500 cashback

End Dates:

  • Two-year term end dates moving from 31/07/2020 to 30/11/2020
  • Five-year term end dates moving from 31/07/2023 to 30/11/2023

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 Mortgage Works signals buy-to-let rate reductions

The Mortgage Works is cutting rates by up to 0.22 percentage points across selected...

Accord reduces residential and buy-to-let rates

Accord Mortgages is cutting rates across its residential and buy-to-let ranges. The intermediary-only lender said...

Leek BS launches five-year buy-to-let fixed rate

Leek Building Society has added a five-year fixed rate buy-to-let mortgage to its intermediary...

LendInvest unveils 10bps buy-to-let rate cuts

LendInvest Mortgages has reduced rates across its two-year and five-year fixed-rate buy-to-let products by...

Quantum Mortgages cuts rates and launches remortgage cashback

Quantum Mortgages has launched a cashback product for remortgages and reduced rates across its...

Latest publication

Other news

The Mortgage Works signals buy-to-let rate reductions

The Mortgage Works is cutting rates by up to 0.22 percentage points across selected...

Accord reduces residential and buy-to-let rates

Accord Mortgages is cutting rates across its residential and buy-to-let ranges. The intermediary-only lender said...

Leek BS launches five-year buy-to-let fixed rate

Leek Building Society has added a five-year fixed rate buy-to-let mortgage to its intermediary...