NatWest Intermediary Solutions is cutting a selection of 90% LTV deals in its intermediary Core range.
The range offers brokers a choice of lower rates with a £995 product fee or higher rates with no product fee.
It is also decreasing a number of products across the 60%, 70% & 75% LTV tiers.
The 90% LTV reductions are across 3 year & 5 year fixed products:
- 3 year fixed rate is decreasing to 4.99% from 5.15%, 90% LTV, £0 product fee
- 5 year fixed rate is decreasing to 4.85% from 4.99%, 90% LTV, £995 product fee
- 5 year fixed rate is decreasing to 5.05% from 5.39%, 90% LTV, £0 product fee
In addition, NatWest is making rate and fee changes on a number of purchase and remortgage deals:
- 3 year fixed rate is decreasing to 2.34% from 2.40%, 60% LTV, £995 product fee
- 3 year fixed rate is decreasing to 2.40% from 2.55%, 70% LTV, £995 product fee
- 2 year fixed rate is decreasing to 2.40% from 2.55%, 75% LTV, £995 product fee
- 3 year fixed rate is decreasing to 2.60% from 2.79%, 75% LTV, £995 product fee
- 5 year fixed rate is decreasing to 3.09% from 3.15%, 75% LTV, £995 product fee
Meanwhile, the 5 year fixed rate is increasing to 2.79% from 2.75%, 60% LTV, product fee decreasing to £995 from £1495
Mark Bullard, head of sales at NatWest Intermediary Solutions, said: “This portfolio change shows our further commitment to the intermediary channel providing an even stronger proposition for our business partners.
“This in addition to our strong service offering builds on our increasing appetite to grow mortgage lending.”