View more on these topics

NatWest Intermediary Solutions revamps range

NatWest Intermediary Solutions has refreshed the rates on a number of its mortgage and remortgage products for both its core and corporate ranges.

This includes realigning the rates on some of its remortgage products with the equivalent purchase products.

In the core range, the rates on its two-year fixed rate 70% and 80% LTV remortgages have been realigned to the equivalent purchase product rates.

The 70% LTV remortgage has been reduced by 0.10% to 3.50% and the 80% LTV remortgage has been reduced by 0.50% to 5.29%. Its two- year fixed rate 80% LTV purchase product has increased by 0.10% to 5.29% with the two-year tracker and five year fixed rate 60% LTV mortgages increasing by 0.20%.

In its corporate range it has reduced and aligned the rates on both its two-year fixed rate 75% LTV purchase and remortgage products to 3.64%

It has increased the rates on its two year fixed rate 60% LTV purchase and remortgage products and the two year tracker 60% LTV remortgage by 0.20%.

Overpayments of up to 10% of the outstanding balance per annum are allowed during the initial deal period. ERC applies. We won’t charge you basic legal or valuation fees for a standard residential remortgage.

Recommended

ALAN CLEARY, MANAGING DIRECTOR, PRECISE MORTGAGES
2

All may not be lost for rejected clients

Our recent launch of mortgage products into the home owner space has been supported by a mix of broker feedback and research we have conducted. We are focussing on borrowers who would have traditionally been served by high street lenders, but due to the tightening of lending policy and lack of funding, they find themselves […]

Lenders are growing branch networks to capture more clients

In response to Stephen Smith’s comments in last week’s Mortgage Strategy that lenders may rely more on brokers rather than sell direct after the Mortgage Market Review paper, the problem is that they still continue to offer better rates direct and undercut brokers. Watch television any evening and you’ll see two of the biggest receivers […]

Newsletter

News and expert analysis straight to your inbox

Sign up