Natwest launch range of deals up to 90% LTV

A new range of fixed rate and tracker mortgages are being launched on the 8th August that will include cashback deals for mortgage applicants that have an active NatWest or RBS cur

Related topics:  Mortgages
Amy Loddington
9th August 2012
Mortgages
The new deals, that are available to all intermediaries, offer a range of LTVs from 60% to 90% and a mix of fees.

The new £250 cashback deals for NatWest/RBS current account customers include:

- 2 year fixed rate, initial rate 2.99%, 60% LTV, with a £995 fee

- 2 year fixed rate, initial rate 5.95%, 90% LTV, with a £995 fee
   
- 2 year tracker, initial rate 3.19%, 60% LTV, with a £995 fee
   
- 2 year tracker, initial rate 3.50%, 75% LTV, with a £995 fee
   
- 2 year tracker, initial rate 3.80%, 60% LTV, with no fee
   
- 5 year fixed rate, initial rate 2.95%, 60% LTV, with a £2,495 fee
   
- 5 year fixed rate, initial rate 6.19%, 90% LTV, with a £995 fee

Interest only is available on the cashback product where the LTV is 75% or less.

Mark Bullard, Head of Sales, NatWest Intermediary Solutions said:

"We are delighted to be able to unveil such a comprehensive new range of mortgages. With over 80 deals available to all intermediaries it’s the broadest range we have had for some time and provides our business partners with greater choice and flexibility. The cashback deals should give brokers something extra to offer those of their clients that already bank with the RBS Group and the 90% LTV cashback mortgages will obviously be focused on providing first time buyers with a helping hand."
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