View more on these topics

NatWest slashes buy-to-let rates by up to 1.56%, fees by £1,000

NatWest will tomorrow slash buy-to-let rates by as much as 1.56 per cent and cut many product fees by £1,000. 

The biggest rate reduction is on its five-year fixed rate purchase mortgage at 70 per cent LTV, which will be cut to 3.08 per cent with no product fee. 

NatWest is cutting its five-year purchase fix at 75 per cent LTV by 1.53 per cent to 3.25 per cent, with no fee. 

Other significant cuts include the lender’s two-year fixed rate purchase loan at 70 per cent LTV, now reduced by 1.10 per cent to 2.68 per cent with no fee. 

NatWest is also trimming rates on its two-year fixed rate purchase mortgage at 75 per cent LTV, now 1.07 per cent cheaper at 2.77 per cent with no fee. 

Other big reductions include the lender’s five-year fixed rate purchase loan at 60 per cent LTV, which has been cut 1.01 per cent to 2.98 per cent. The loan also has no fee. 

Meanwhile, NatWest’s five-year fixed rate remortgage at 75 per cent LTV is being cut by 1 per cent to 2.98 per cent and having its fee cut from £1,995 to £995. 

In all, nine of the lender’s buy-to-let deals will see product fees cut from £1,995 to £995. 

NatWest head of sales Mark Bullard says: “Having declared our intent to continue to fully support the buy-to-let sector under the new PRA requirements, it’s timely that we are able to announce such significant cuts to both our rates and product fees on so many of our buy-to-let deals.  

“We want to remain competitive in this sector and will continue to work with intermediary firms on developing our buy-to-let proposition which we will look to improve in the autumn.”



MT Finance and LendInvest join Buy to Let Club panel

Buy to Let Club has added MT Finance and LendInvest to its bridging panel. The club’s managing director, Ying Tan, says he is “certain that Buy to Let Club members will greatly appreciate the propositions offered by these two specialist lenders.” The panel expansion has been accompanied by the appointment of a new in-house bridging specialist, […]


Accord Buy to Let launches new fixed rate range

Accord Buy To Let is launching a new fixed-rate range, with some five-year options from 2.99 per cent. The range includes free standard valuations on all loans and the choice of either standard legal fees or £300 cashback on completion. The new products include a 2.99 per cent five-year fixed rate mortgage at 60 per […]


Accord Buy to Let cuts rates by up to 0.20%

Accord Buy To Let has cut rates on selected two-year fixed rate mortgages by up to 0.20 per cent. The lender is offering lower rates on two-year fixes at 65 per cent and 75 per cent LTV loans, including fee-free options and added incentives. Remortgaging landlords can now get a two-year fix at 2.44 per […]

Guide front cover - thumbnail

Guide: how to… audit your auto-enrolment scheme compliance

As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.


News and expert analysis straight to your inbox

Sign up