Mortgage News
NatWest makes major cuts to range
NatWest Intermediary Solutions has announced a number of rate reductions on products across its range of up to 74bps.
Its reductions include a five-year fix available at 3.35% up to 75% LTV, a reduction on its previous rate of 4.09%.
A £995 product fee applies to the product, although a fee free equivalent is available at 3.69%.
Other products include:
– Three-year fixed rate decreasing to 2.40% from 2.55%, 60% LTV, £995 product fee
– Three-year fixed rate decreasing to 2.55% from 2.65%, 70% LTV, £995 product fee
– Three-year fixed rate decreasing to 2.85% from 2.99%, 75% LTV, £995 product fee
– Three-year fixed rate decreasing to 2.90% from 2.95%, 60% LTV, £995 product fee
Mark Bullard, head of sales at NatWest Intermediary Solutions, said: “Building on recent enhancements to our intermediary range, I am pleased that we are able to improve the rates on a number of our deals.
“Our increased appetite to lend this year combined with the reliability of our service and support from our BDMs means we have a very attractive proposition for brokers looking to place volume mortgage business with a lender.
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“We continue to offer a broad range of mortgages to accommodate clients in the vast majority of LTV bands, as well as maintaining a good presence in the first time buyer, shared equity and buy-to-let markets.”