NatWest Intermediary Solutions is launching two new mortgage deals tomorrow to support the Help to Buy: mortgage guarantee scheme.
The new deals are a two-year fixed rate at 4.99% up to 95% LTV and a five-year fixed rate, 5.49%, 95% LTV. Neither deal have a product fee.
It is also reducing rates on some of its 60% LTV purchase and remortgage deals. The two-year fixed rate is decreasing to 1.85% from 1.89 %, 60% LTV, £995 product fee
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.”