NatWest Intermediary Solutions has launched a new two-year fixed rate, 60% LTV, buy-to-let mortgage to its core range and a new fee-free two-year tracker purchase mortgage to its corporate range.
It is also refreshing the rates on a number of its other products
The new buy-to-let mortgage is a 60% LTV, two-year fixed rate, offering an initial rate of 5.39% with a £999 fee, available to all registered intermediaries through its core range
To its corporate range it has added a new fee-free 60% LTV, two-year tracker purchase mortgage, offering an initial rate of 2.95%
Rates have been lowered on a number of its core range purchase and remortgage products – the 18 month tracker, 75% LTV, is 0.2% lower from 3.09% to 2.89% the two-year fixed rate, 75% LTV, is 0.29% lower from 3.94% to 3.65% and the two-year fixed rate buy-to-let, 75% LTV, is down 0.1% from 5.79% to 5.69%
In its corporate range, rates have been lowered on its 60% LTV products for purchase and remortgage. The two-year fixed rate has dropped 0.3% from 3.55% to 3.25%, with the fee increasing from £699 to £999. The five-year fixed rate has also dropped 0.3% from 4.79% to 4.49%, with the fee increasing from £699 to £999. The two-year tracker remortgage has dropped 0.1% from 3.05% to 2.95%
Mark Bullard, head of sales for NatWest Intermediary Solutions said: “The buy-to-let market continues to offer intermediaries opportunities to grow their business
