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NatWest cuts rates across intermediary range

  • 20/11/2014
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NatWest cuts rates across intermediary range
Natwest Intermediary Solutions will reduce rates on the majority of its core intermediary range.

From tomorrow rates will be cut on its residential two, three and five-year fixed rate deals, two-year trackers and first-time buyer mortgages. This applies across the full spectrum of loan-to-values (LTV) from 60 to 95%.

There are rate reductions on its buy-to-let two, three and five-year fixed rate and tracker deals. The high LTV mortgages will see a number of rate cuts, with the largest reductions being made on the five-year fixed rate 85% LTV/£995 product fee deal.

The rates on the two Help to Buy 95% LTV mortgages have been reduced – the two-year fixed coming down 10bps to 5.15% and the five-year fixed decreasing 30bps to 5.39%.

Mark Bullard, head of sales, NatWest Intermediary Solutions, said:”We have refreshed our range of intermediary mortgages to offer brokers a more attractive choice.”

It is the second time in the space of two months that Natwest has cut its fixed-rate mortgages. Last month it reduced rates on over thirty of its residential and buy-to-let mortgage deals. 

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