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NatWest changes range

Royal Bank of Scotland has made changes to its NatWest range of fixed rate, tracker and variable buy-to-let mortgages.

It has increased the maximum LTV across the range to 85% from 80%. This excludes the buy-to-let two-year tracker, which has a maximum LTV of 70%.

The rental income cover threshold calculation will now be 125% of the monthly mortgage interest payment, at the Bank of England rate +0.79%. There is also now no minimum income requirement, with a holistic view of affordability taken in all cases.

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