NatWest Intermediary Solutions introduces free valuations

NatWest Intermediary Solutions has announced that, from tomorrow 9 November, customers using its services will receive free home valuations.

Customers who remortgage using selected products will also qualify for either £250 or £500 cashback, the lender says. Specifically, a set of new fee-based two-year remortgage products at 85 per cent and 90 per cent LTV feature the former offer, and certain 90 per cent LTV products the latter.

The lender has also adjusted some of its rates.

Within the lender’s semi-exclusive range, the 90 per cent five-year purchase product has had 0.16 per cent chopped off its rate, while two-year fee-based products have had up to 0.09 per cent added.

Meanwhile, in the core rate, the 95 per cent LTV two-year purchase product has had 0.15 per cent removed and £250 cashback added, while the 80 per cent – 90 per cent LTV fee-based two-year remortgage product has had 0.11 per cent added to its rate with, again, £250 cashback added to the offering.

Buy-to-let products in the semi-exclusive and core range have also received changes, including the issuing of new two-year products and rate reductions in the lender’s selection of five-year products.

NatWest Intermediary Solutions head of sales Mark Bullard says: “The launch of free valuations strengthens our proposition within our Intermediary Exclusive purchase range.

“Along with this, we are now able to strengthen our remortgage proposition by offering a cashback incentive to complement our current existing free legals and valuation features.”

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