NatWest Intermediary Solutions launches 60% LTV deals
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NatWest Intermediary Solutions has introduced two new purchase mortgages and two new remortgages to its corporate range.
The new deals are a mix of fixed rate and tracker products for clients looking for a maximum 60% LTV loan.
The deals include a two-year fixed rate at 60% LTV, with an initial rate of 2.75% and a £1,499 fee, as well as a two-year tracker at 60% LTV, with an initial rate of 2.29% and a £1,499 fee.
For remortgages, it is offering a two-year fixed rate at 60% LTV with an initial rate of 2.55% and a £1,499 fee, as well as a two-year tracker at 60% LTV, with an initial rate of 2.29% and a £1,499 fee
Overpayments of up to 10% of the outstanding balance per annum are allowed during the initial deal period. ERC applies and it won’t charge basic legal or valuation fees for a standard residential remortgage.
Mark Bullard, head of sales at NatWest Intermediary Solutions, says: “The introduction of these new products offers intermediaries a greater choice in the lower-LTV range.
’They now have the ability to select a higher fee deal to secure a lower initial rate for those clients looking for larger loans, whether they are buying a new property or remortgaging. We continue to offer a broad range of mortgage deals in both our core and corporate ranges for first time buyers, house purchasers, remortgagers and buy-to-let investors.”
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