You are here: Home - First Time Buyers - News -

NatWest cuts rates on residential deals

Written by:
NatWest has announced it is cutting rates by up to 30 basis points on its Core residential range from tomorrow.

From 26 April, both the 75% loan-to-value (LTV) two-year tracker and the 75% LTV five-year fixed rate products will be offered at 3.15%.

In total, the lender has reduced rates on 18 products within its purchase and remortgage deals.

NatWest Intermediary Solutions head of sales Mark Bullard said a greater appetite to lend had encouraged the lender to offer a more attractive range of products for the broker market.

“We’ll continue to offer a really broad range of products to appeal to a wide variety of brokers’ clients offering choices in relation to the level of product fees, LTVs, loan periods, fixed or tracker as well as the different client types be they first-time buyers, shared equity scheme users or buy-to-let investors.

Other deals with reduced rates include a 60% LTV two-year fixed rate mortgage at 2.15% with a £995 fee and a 70% LTV three-year fixed rate at 3.09% with no fee.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Sorry. No data so far.

Guide to borrowing past retirement age

As an older borrower, you may be concerned that a lender will not offer you a mortgage pas...

Mortgage market biased against homeowners

Buy-to-let property investors are unfairly favoured in the mortgage market, an independent...

Should buy-to-let investors ‘go Dutch’?

The Netherlands is revealed as Europe’s top buy-to-let property hotspot

Private sector tenants in poverty double in decade

The number of private rented sector tenants in poverty has doubled in the last decade from...

Large mortgage broker firm launches with fees of over 1%

An insurance firm has launched a mortgage advice service

Second steppers targeting detached properties

Those living in their first home are increasingly looking to reduce the steps to their lon...

Mortgage Calculators

Read previous post:
Santander reduces mortgage lending

Santander UK