The deal comes with a rate of 2.99% and a fee of £499 and will be part of the lender’s corporate range.
Mark Bullard, head of sales at NatWest Intermediary Solutions says: “I am delighted to be able to launch such an attractive, low-fee deal into the remortgage market.”
He says that NatWest decided to launch a 50% LTV product as this was highlighted by its corporate partners as something that was missing from its portfolio.
Bullard adds: “I am sure that the combination of a great rate and a low fee will be welcomed. The addition of this product further broadens our overall range, giving us good coverage across the LTV bands from 50% right up to 90%.”