NatWest Intermediary Solutions is launching a number of new deals.
They include new 50% LTV deals with no product fees to its Main Bank and Core ranges and new low-fee mortgages to its buy-to-let range.
It is also refreshing rates on a number of its mortgages, with special three-year deals being offered at two-year deal rates in 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):
- Two-year fixed rate 2.75%, 50% LTV, no product fee
- Five-year fixed rate 3.25%, 50% LTV, no product fee
- Two-year tracker 3.09%, 70% LTV, no product fee
In the buy-to-let range the following new deals are being introduced for purchase and remortgage:
- Two-year fixed rate 3.79%, 60% LTV, £495 product fee
- Two-year tracker 3.65%, 60% LTV, £495 product fee
Mark Bullard, head of sales, NatWest Intermediary Solutions said: “In the run-up to Christmas I am pleased that we are able to offer our business partners an even better choice of mortgages. Having looked at the market to see where we could offer some added value, we identified that the sub-50% LTV sector was one where intermediaries had limited choice, so our new ‘no product fee’ mortgages should prove to be attractive.
“In addition, we have decided to extend the rates currently being offered on a number of our two-year fixed rate deals to a selection of our three-year deals as a festive special, effectively offering brokers the chance to offer their clients a two-year rate on a three-year deal.”
Rate changes 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):
- Two-year fixed rate reducing to 2.28% from 2.29%, 60% LTV, £1,995 product fee.
- Two-year fixed rate reducing to 2.75% from 2.85%, 70% LTV, £995 product fee.
- Two-year fixed rate reducing to 3.19% from 3.29%, 70% LTV, no product fee.
- Three-year fixed rate reducing to 2.75% from 2.99%, 70% LTV, £995 product fee.
- Three-year fixed rate reducing to 3.19% from 3.35%, 70% LTV, no product fee.
- Three-year fixed rate reducing to 3.39% from 3.45%, 75% LTV, £995 product fee.
- Three-year fixed rate increasing to 3.79% from 3.75%, 75% LTV, no product fee.
- Five-year fixed rate reducing to 3.15% from 3.49%, 70% LTV, £995 product fee.
- Five-year fixed rate reducing to 3.59% from 3.79%, 70% LTV, no product fee.
Rates are increasing on the following purchase and remortgage deals in the Main Bank and Current Account ranges:
- Two-year fixed rate increasing to 5.99% from 5.75%, 90% LTV, £995 product fee.
- Five-year fixed rate increasing to 6.39% from 6.09%, 90% LTV, £995 product fee.
Rate reductions are being made on the following Core range purchase and remortgage deals:
- 18 month tracker reducing to 2.89% from 3.29%, 75% LTV, £995 product fee.
- Two-year tracker reducing to 2.85% from 3.15%, 75% LTV, product fee reducing to £1,995 from £2,495.
There are also several rate reductions to deals in the buy-to-let range for both purchase and remortgage:
- Two-year fixed rate reducing to 3.15% from 3.49%, 60% LTV, product fee increasing to £2,495 from £1,999
- Two-year tracker reducing to 2.99% from 3.49%, 60% LTV, product fee increasing to £2,495 from £1,999
- Two-year fixed rate reducing to 3.55% from 4.49%, 75% LTV, product fee increasing to £2,495 from £1,999
- Two-year tracker reducing to 3.19% from 4.09%, 75% LTV, product fee increasing to £2,495 from £1,999