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NatWest to launch 3-year fixed deals starting from 2.79%

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  • 15/11/2012
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NatWest to launch 3-year fixed deals starting from 2.79%
NatWest Intermediary Solutions is introducing a number of three-year deals to its core and main bank ranges from tomorrow and is also reducing the rates on selected two and five-year mortgages.

The three year deals are available in both the main bank range, with £250 cashback, and in the core range for both purchase and remortgage:

– three-year fixed rate, 2.79%, 60% LTV, £995 product fee. 

– three-year fixed rate, 2.99%, 70% LTV, £995 product fee. 

– three-year fixed rate, 3.35%, 70% LTV, no product fee. 

– three-year fixed rate, 3.45%, 75% LTV, £995 product fee.

– three-year fixed rate, 3.75%, 75% LTV, no product fee.

NatWest has also made rate reductions to deals that appear in the main bank range, with £250 cashback, and in the core range for both purchase and remortgage. These include:

– two-year fixed rate reducing to 3.39% from 3.55%, 75% LTV, product fee £995

– two-year fixed rate reducing to 2.29% from 2.49%, 60% LTV, product fee rising to £1,995 from £1,495

– five-year fixed rate reducing to 2.95% from 2.99%, 60% LTV, product fee rising to £2,495 from £2,195

Mark Bullard (pictured), head of sales, NatWest Intermediary Solutions said: “We have continued to develop a more compelling proposition for our intermediary partners and the addition of the three-year deals offers them an even broader choice of solutions for their clients.

“The mix of fee options means that clients can opt for the deal structure that’s most appropriate to their personal set of circumstances. And for those clients who already bank with the RBS Group there is the additional benefit of £250 cashback that accompanies the main bank deals.”

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