NatWest cuts high LTVs by up to 46bps

NatWest Intermediary Solutions is cutting rates on a number of higher LTV residential mortgages in its broker portfolio.

Related topics:  Mortgages
Rozi Jones
6th August 2015
natwest bank

Rates will decrease on a number of its residential 90% and 95% LTV deals from tomorrow, including a 46bps cut on its 5 year fixed rate 95% LTV mortgage. 

For purchase and remortgage, its 2 year fix at 90% LTV is dropping from 3.38% to 3.10%, while the 3 year fix is decreasing by 5bps to 3.68%.

Its 2 year fixed 95% LTV Help to Buy will decrease by 12bps from 4.49% to 4.37%.

There will also be rate reductions of between 9-23bps on its 2 year fixed, 5 year fixed and 2 year tracker rate buy-to-let deals.

Paul Kane, Acting Head of Sales, NatWest Intermediary Solutions said: 

”We have maintained a strong commitment to first-time buyers by including a range of  higher LTV residential and specific Help to Buy scheme products in our intermediary portfolio, so I am delighted that we are able to improve the rates on these deals, supporting customers looking to buy their first property.”

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