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NatWest launches BTL and first-time buyer exclusives with MI

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  • 03/06/2011
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NatWest launches BTL and first-time buyer exclusives with MI
NatWest has launched two new exclusives for Appointed Representative members of Mortgage Intelligence and Mortgage Next in conjunction with Countrywide.

The exclusive products include a 90% first time buyer 5.79% two year fixed, with no arrangement fee and £250 cash back and a 4.99% buy-to-let two year fixed, up to 75% LTV and a flat arrangement fee of £2,499.

Mark Bullard, head of sales, NatWest Intermediary Solutions, said: “The new deals cover two of the main sectors of the market – first-time buyers and buy-to-let for the smaller portfolio landlord and reflect the benefit of having developed close working relationships with both networks over the last few years. These deals should provide their appointed representatives and clients with a broader choice of mortgages in two of the higher volume sectors.”

Sally Laker, managing director, Mortgage Intelligence Holdings, said:
“It’s great to see a lender supporting the first-time buyer market with such a competitive high LTV product specifically with no arrangement fee and additional cash back.”

At the end of May, Mortgage Intelligence holdings announced an exclusive partnership with Teachers Building Society launching it into the intermediary market for the first time and gaining network members exclusive access to its deals.

 

 

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