NatWest Intermediary Solutions has introduced new higher LTV deals into its intermediary Core range.
It has also launched a three-year fixed rate (purchase only) mortgage exclusively for first-time buyers and reducing rates across a number of other higher LTV purchase and remortgage deals including its two-year fixed rate first-time buyer deal.
The new deals include one 90% LTV first-time buyer purchase mortgage, two 90% LTV purchase and remortgage deals and six 85% LTV purchase and remortgage deals:
- Three-year fixed rate First-Time Buyer 4.65%, 90% LTV no product fee
- Three-year fixed rate 4.79%, 90% LTV £995 product fee
- Three-year fixed rate 5.15%, 90% LTV no product fee
- Two-year fixed rate 3.49%, 85% LTV £995 product fee
- Two-year fixed rate 4.39%, 85% LTV no product fee
- Three-year fixed rate 3.99%, 85% LTV £995 product fee
- Three-year fixed rate 4.59%, 85% LTV no product fee
- Five-year fixed rate 4.69%, 85% LTV £995 product fee
- Five-year fixed rate 4.89%, 85% LTV no product fee
In addition, NatWest is reducing rates on a number of purchase and remortgage deals:
- Two-year fixed rate First-Time Buyer purchase only is decreasing to 3.79% from 3.99%, 85% LTV, no product fee
- Two-year fixed rate is decreasing to 3.15% from 3.19%, 80% LTV, £995 product fee
- Two-year fixed rate is decreasing to 3.70% from 3.75%, 80% LTV, no product fee
- Two-year fixed rate is decreasing to 4.89% from 4.99%, 90% LTV, no product fee
- Two-year tracker is decreasing to 3.70% from 3.75%, 80% LTV, no product fee
Mark Bullard, head of sales, NatWest Intermediary Solutions said: “With the introduction of these new 85% and 90% LTV deals, we now have a fantastic product proposition across multiple LTV bands.
“The focus we have had recently on the first-time buyer market continues with the launch of a new three year fixed rate deal with no product fee, which is exclusive to the intermediary channel, and a 20bps reduction in our two year fixed rate first-time buyer deal.
“The balance we offer now of rate, fee, LTV and term means that this is one of the most comprehensive portfolios we have delivered to our broker partners.”