NatWest has made rate changes to our Semi-exclusive Residential Customer range.
For our new business semi-exclusive products, we will be removing the free valuation from a selection of broker exclusive 2 and 5 year purchase products. The other product details remain unchanged.
The summary of the rate changes are as follows:
New Business
Exclusive
Residential
New Products
- 2 year fixed rate purchase
- [FO24428] 60% LTV, 1.33%, product fee £995, cashback £250
- [FO24429] 70% LTV, 1.53%, product fee £995, cashback £250
- [FO24430] 75% LTV, 1.53%, product fee £995, cashback £250
- [FO24431] 80% LTV, 1.94%, product fee £995, cashback £250
- [FO24432] 85% LTV, 2.74%, product fee £995, cashback £250
- 5 year fixed rate purchase
- [FO24433] 60% LTV, 1.50%, product fee £995, cashback £250
- [FO24434] 70% LTV, 1.79%, product fee £995, cashback £250
- [FO24435] 75% LTV, 1.79%, product fee £995, cashback £250
- [FO24436] 80% LTV, 2.15%, product fee £995, cashback £250
- [FO24437] 85% LTV, 2.84%, product fee £995, cashback £250
Withdrawn
- 2 year fixed rate purchase
- [FO24410] 60% LTV, 1.33%, product fee £995, cashback £250
- [FO24409] 70% LTV, 1.53%, product fee £995, cashback £250
- [FO24408] 75% LTV, 1.53%, product fee £995, cashback £250
- [FO24411] 80% LTV, 1.94%, product fee £995, cashback £250
- [FO24412] 85% LTV, 2.74%, product fee £995, cashback £250
- 5 year fixed rate purchase
- [FO24413] 60% LTV, 1.50%, product fee £995, cashback £250
- [FO24414] 70% LTV, 1.79%, product fee £995, cashback £250
- [FO24415] 75% LTV, 1.79%, product fee £995, cashback £250
- [FO24416] 80% LTV, 2.15%, product fee £995, cashback £250
- [FO24417] 85% LTV, 2.84%, product fee £995, cashback £250
Existing Customer
No Changes
End dates
There are no changes to end dates
Transitional arrangements
You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 30 September, 2020.
The supporting documentation for online applications on these products must be received in our Mortgage Centre in Birmingham by close of business on Wednesday 14 October, 2020
If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Thursday 1 October 2020. Requests received after this time will not be considered.
Your email must include in bullet points:
- Your details – name, company and postcode
- Customer name
- Product applying for
- Amount of mortgage loan
- Reason for paper application – If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
- State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange
Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 5 October 2020 for your rate to be honoured:
FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED
For a complete listing of all our mortgage products, please visit the product page on our web site.