NatWest Intermediary Solutions is launching new 50% LTV deals tomorrow (9 January)to both its Main Bank and Core ranges.
New deals
In the Main Bank and Core ranges the following new deals are being introduced for purchase and remortgage (Main Bank deals include £250 cashback):
- 2 year fixed rate 2.45%, 50% LTV, £995 product fee
- 5 year fixed rate 2.99%, 50% LTV, £995 product fee
Mark Bullard, Head of Sales, NatWest Intermediary Solutions said: “Having enjoyed fantastic support from intermediaries in 2012, I am pleased that we are able to introduce even greater choice to our ranges of mortgages at the start of 2013. The new 50% LTV deals complement the fee-free deals we launched last month. Brokers now have more flexibility when choosing the most appropriate deal for a client with the option of a lower rate mortgage with a fee or a higher rate product with no fee.”
Rate changes
In the Core range the following rate change is being introduced for purchase and remortgage deals:
- 18 month tracker reducing to 2.79% from 2.89%, 75% LTV, no product fee
In the Main Bank and Core ranges the following rate changes are being introduced for purchase and remortgage deals (Main Bank deals include £250 cashback):
- 2 year fixed rate increasing to 2.29% from 2.28%, 60% LTV, £1,995 product fee.
- 5 year fixed rate increasing to 3.19% from 3.15%, 70% LTV, £995 product fee.
In the Main Bank and Current Account ranges the following rate changes are being introduced for purchase and remortgage deals (Main Bank deals include £250 cashback):
- 2 year fixed rate increasing to 4.09% from 3.99%, 80% LTV, £995 product fee.
- 2 year fixed rate increasing to 4.39% from 4.29%, 80% LTV, no product fee.
- 5 year fixed rate increasing to 4.79% from 4.59%, 80% LTV, £995 product fee.
- 5 year fixed rate increasing to 4.99% from 4.89%, 80% LTV, no product fee.
- 2 year tracker increasing to 4.39% from 4.29%, 80% LTV, no product fee.
