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NatWest to launch new 90 per cent first time buyer LTV mortgage

NatWest is launching a new 90 per cent LTV first-time buyer mortgage tomorrow with a five year fixed rate.

The mortgage comes at an initial rate of 4.79 per cent with no product fee and is available to all intermediaries. At the end of the initial rate period, the rate reverts to 4 per cent.

NatWest Intermediary Solutions’ head of sales Mark Bullard says: “We know from conversations with our business partners that they have been really keen to have a deal of this kind for the first time buyer market so I am delighted that we have been able to add this to the current account range we launched earlier this week.”

The five year fixed rate is part of the recently launched current account range and is only available to applicants with an active NatWest or RBS current account that was open on July 1 2012 and at the time the application is accepted

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Accord cuts rates on two year products, including 90% LTV

Accord Mortgages has announced that it has cut 0.3 per cent from the cost of two year products across a range of LTV levels, including 90 per cent. The intermediary lending subsidiary of Yorkshire Building Society now offers 75 per cent LTV on a two year tracker at 2.99 per cent and on a two […]

Tesco Bank makes long-awaited launch into mortgages

Tesco Bank has made its long-awaited entry into the mortgage market but has no plans to offer its products through intermediaries at present. From August 6 it launches a range of two, three and five-year fixed rate mortgages and a two-year tracker up to a maximum loan to value of 80 per cent. Rates start […]

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Post Office offers mortgages in branches

The Post Office has begun selling mortgages in its branches in a bid to rival high street lenders, but will not offer customers regulated advice. The Post Office previously offered mortgages through an online and telephone service. It has introduced “mortgage specialists” into five branches in Birmingham, Solihull, Walsall, Luton and Norwich and will roll […]

Simon Fletcher

Auto-enrolment: pay attention or pay the price

By Simon Fletcher

As a chief executive officer of a business in the financial services sector, I have been dealing with the introduction of auto-enrolment for our clients for some time, but I can also speak from an employer’s point of view, having to go through the process ourselves.

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  • Chris Hulme 9th August 2012 at 4:09 pm

    And you wondered where the next mis-selling scandal would come from? Shame on you.
    They’ve been advertised all over the place with APR’s only BT’s phone book could dream of….
    Hope the OFT takes them to task.

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