News
Natwest set to overhaul buy-to-let range
Natwest is set to launch twelve buy-to-let products for purchase and remortgage transactions available for amateur landlords for loans up to 75% loan-to-value, tomorrow.
Exclusive to intermediaries are six three-year fixed rates ranging from 3.09% at 60% LTV with a product fee of £1,995 to 4.49% at 75% LTV with no product fee.
And Natwest has cut rates on many of its existing buy-to-let deals up to 64bps.
Mark Bullard, head of sales at NatWest Intermediary Solutions, said: “We have had a very good response to the improvements we have introduced to our buy-to-let proposition in the last six months.
“The optimism for growth in this sector that our research identified at the end of 2013 appears to have been correct as buy-to-let volumes having increased in the first few months of this year.”
Further highlights include;
The new-build energy advantage
Sponsored by Halifax Intermediaries
– two-year fixed rate 2.99%, 70% LTV, £1,995 product fee
– two-year fixed rate 3.99%, 70% LTV, no product fee
– three-year fixed rate 3.45%, 70% LTV, £1,995 product fee (exclusive to intermediaries)
– five-year fixed rate 4.09%, 70% LTV, £1,995 product fee
– two-year tracker 3.59%, 70% LTV, no product fee