NatWest reduces rates on 60 per cent LTV mortgages

NatWest Intermediary Solutions is cutting rates on a number of mortgages in both the current account and core ranges.

Rates have been cut on four 60 per cent LTV products and include the two-year fixed and tracker rate mortgages from both ranges.

From the current account range, the two-year fixed rate for purchase and remortgage has been reduced from 2.99 per cent to 2.85 per cent, with a £995 product fee. The two-year tracker rate has been reduced from 3.49 per cent to 3.29 per cent, with no product fee.

From the core range, the two-year fixed rate has come down to 2.99 per cent from 2.85 per cent, with a £995 fee while the two-year tracker rate is now 3.49 per cent, down from 3.29 per cent.

NatWest Intermediary Solutions’ head of sales Mark Bullard says: “I’m pleased to be able to introduce these new rates that make our 60 per cent deals even more attractive. The new current account range, which was launched last month, has been well received by intermediaries and we will be looking to continue to support them and their clients with further initiatives in the future.”