NatWest brings back 90% deal

NatWest Intermediary Solutions has reintroduced its 5.29 per cent five-year fixed rate, first-time buyer mortgage at 90 per cent LTV with no product fee.

The lender has also cut rates on a number of its residential mortgage by up to 0.64 per cent from tomorrow and removing product fees on its 90 per cent LTV current account range deals.

The rate on the two-year fix up to 75 per cent LTV is being cut from 3.39 per cent to 2.75 per cent with a £995 product fee.

NatWest head of sales Mark Bullard says: “We have a real appetite to increase the amount that we lend this year through the intermediary channel which is why we are able to offer such a comprehensive range of deals across the LTV bands from 60-90 per cent.”