More great news from  Natwest  Intermediary Solutions.

On Friday 11th August, we are introducing some changes to our core and semi-exclusive ranges. Here’s a summary of the changes,

Core

• Rate reductions on two residential 95% LTV deals
• Rate reductions of between 7-156bps on many 2 and 5 year purchase and remortgage buy-to-let deals
• Product fees reducing from £1,995 to £995 on a number of 2 and 5 year fixed rate purchase and remortgage buy-to-let deals

Semi-exclusives

• Two new residential first time buyer deals
• New 2 and 5 year fixed rate purchase and 5 year remortgage residential deals
• Rate reductions on a number of 2 and 5 year residential purchase and remortgage deals
• Increases and introduction of cashback on a number of 2 and five year fixed rate purchase and remortgage residential deals
• New 2 year purchase and 5 year remortgage fixed rate buy-to-let deals
• Withdrawal of two 2 year fixed rate buy-to-let deals
• Rate reductions on many 2 and 5 year fixed rate purchase and remortgage deals
• Product fee reductions on selected 5 year fixed rate buy-to-let deals

As a responsible lender, we have been able to make these changes whilst ensuring that we maintain our risk appetite and the quality of business we accept.

Here’s a full list the changes with product codes in brackets:

CORE RANGE

Residential

RATE AND CASHBACK CHANGES

2 year fixed rate purchase

[FO14854] 95% LTV, decreasing by 38bps from 4.33% to 3.95% (3.9% APRC, 3.75% SVR), £0 product fee

5 year fixed rate purchase

[FO14856] 95% LTV, decreasing by 36bps from 4.81% to 4.45% (4.1% APRC, 3.75% SVR), £0 product fee

Buy-to-let

RATE AND PRODUCT FEE CHANGES

2 year fixed rate purchase

[FO14870] 60% LTV, increasing by 7bps from 1.82% to 1.89% (4.1% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

[FO14872] 60% LTV, decreasing by 96bps from 3.23% to 2.27% (4.0% APRC, 3.75% SVR), £0 product fee

[FO14873] 70% LTV, decreasing by 37bps from 2.54% to 2.17% (4.1% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

[FO14874] 70% LTV, decreasing by 110bps from 3.78% to 2.68% (4.1% APRC, 3.75% SVR), £0 product fee

[FO14876] 75% LTV, decreasing by 56bps from 2.73% to 2.17% (4.1% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

[FO14878] 75% LTV, decreasing by 107bps from 3.84% to 2.77% (4.1% APRC, 3.75% SVR), £0 product fee

5 year fixed rate purchase

[FO14879] 60% LTV, increasing by 79bps from 3.38% to 2.59% (3.8% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

[FO14880] 60% LTV, decreasing by 101bps from 3.99% to 2.98% (3.8% APRC, 3.75% SVR), £0 product fee

[FO14881] 70% LTV, decreasing by 92bps from 3.79% to 2.87% (3.9% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

[FO14882] 70% LTV, decreasing by 156bps from 4.64% to 3.08% (3.9% APRC, 3.75% SVR), £0 product fee

[FO14883] 75% LTV, decreasing by 89bps from 3.98% to 3.09% (4.0% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

[FO14884] 75% LTV, decreasing by 153bps from 4.78% to 3.25% (3.9% APRC, 3.75% SVR), £0 product fee

5 year fixed rate remortgage

[FO14886] 60% LTV, decreasing by 84bps from 3.38% to 2.54% (3.8% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

[FO14887] 70% LTV, decreasing by 86bps from 3.79% to 2.93% (3.9% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

[FO14888] 75% LTV, decreasing by 100bps from 3.98% to 2.98% (3.9% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

SEMI-EXCLUSIVE RANGE

Residential

NEW

First-time buyer 2 year fixed rate purchase

[FO14912] 80% LTV, 2.07% (3.5% APRC, 3.75% SVR), £0 product fee plus £750 cashback

[FO14913] 85% LTV, 2.07% (3.5% APRC, 3.75% SVR), £0 product fee plus £750 cashback

2 year fixed rate purchase

[FO14905] 90% LTV, 2.78% (3.7% APRC, 3.75% SVR), £0 product fee plus £500 cashback

5 year fixed rate purchase

[FO14906] 80% LTV, 2.40% (3.3% APRC, 3.75% SVR), £0 product fee plus £500 cashback

[FO14907] 85% LTV, 2.55% (3.3% APRC, 3.75% SVR), £0 product fee plus £500 cashback

5 year fixed rate remortgage

[FO14909] 80% LTV, 2.29% (3.2% APRC, 3.75% SVR), £0 product fee

[FO14910] 85% LTV, 2.43% (3.3% APRC, 3.75% SVR), £0 product fee

[FO14911] 90% LTV, 3.04% (3.5% APRC, 3.75% SVR), £0 product fee

RATE AND CASHBACK CHANGES

First-time buyer 5 year fixed rate purchase

[FO14914] 80% LTV, decreasing by 18bps from 2.58% to 2.40% (3.3% APRC, 3.75% SVR), £0 product fee plus cashback increasing from £500 to £750

[FO14915] 85% LTV, decreasing by 23bps from 2.75% to 2.52% (3.3% APRC, 3.75% SVR), £0 product fee plus cashback increasing from £500 to £750

[FO14916] 90% LTV, decreasing by 1bp from 3.09% to 3.08% (3.6% APRC, 3.75% SVR), £0 product fee plus cashback increasing from £500 to £750

2 year fixed rate purchase

[FO14904] 90% LTV, decreasing by 13bps from 2.04% to 1.91% (3.6% APRC, 3.75% SVR), £995 product fee

5 year fixed rate purchase

[FO14908] 90% LTV, decreasing by 71bps from 3.79% to 3.08% (3.6% APRC, 3.75% SVR), £0 product fee plus NEW cashback

2 year fixed rate remortgage

[FO14865] 90% LTV, decreasing by 9bps from 2.18% to 2.09% (3.6% APRC, 3.75% SVR), £995 product fee

[FO14867] 90% LTV, decreasing by 20bps from 2.58% to 2.38% (3.6% APRC, 3.75% SVR), £0 product fee

Buy-to-let

NEW

5 year fixed rate purchase

[FO14917] 60% LTV, 2.63% (3.7% APRC, 3.75% SVR), £0 product fee

[FO14918] 75% LTV, 2.92% (3.9% APRC, 3.75% SVR), £995 product fee

5 year fixed rate remortgage

[FO14919] 60% LTV, 2.68% (3.7% APRC, 3.75% SVR), £0 product fee

[FO14920] 70% LTV, 3.18% (3.9% APRC, 3.75% SVR), £0 product fee

[FO14921] 75% LTV, 2.89% (3.9% APRC, 3.75% SVR), £995 product fee

[FO14922] 75% LTV, 3.18% (3.9% APRC, 3.75% SVR), £0 product fee

WITHDRAWALS

2 year fixed rate purchase

[FO14753] 60% LTV, 1.87% (4.0% APRC, 3.75% SVR), £995 product fee

[FO14814] 60% LTV, 2.39% (4.1% APRC, 3.75% SVR), £0 product fee

RATE AND PRODUCT FEE CHANGES

2 year fixed rate purchase

[FO14890] 70% LTV, decreasing by 10bps from 2.08% to 1.98% (4.1% APRC, 3.75% SVR), £995 product fee

[FO14891] 70% LTV, decreasing by 20bps from 2.58% to 2.38% (4.0% APRC, 3.75% SVR), £0 product fee

[FO14892] 75% LTV, decreasing by 10bps from 2.08% to 1.98% (4.0% APRC, 3.75% SVR), £995 product fee

[FO14893] 75% LTV, increasing by 1bp from 2.68% to 2.69% (4.1% APRC, 3.75% SVR), £0 product fee

5 year fixed rate purchase

[FO14894] 60% LTV, decreasing by 19bps from 2.62% to 2.43% (3.7% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

[FO14895] 70% LTV, decreasing by 22bps from 3.05% to 2.83% (3.9% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

2 year fixed rate remortgage

[FO14896] 60% LTV, decreasing by 14bps from 1.82% to 1.68% (4.0% APRC, 3.75% SVR), £995 product fee

[FO14897] 60% LTV, decreasing by 10bps from 2.38% to 2.28% (4.0% APRC, 3.75% SVR), £0 product fee

[FO14898] 70% LTV, decreasing by 1bp from 2.09% to 2.08% (4.1% APRC, 3.75% SVR), £995 product fee

[FO14899] 75% LTV, decreasing by 7bps from 2.15% to 2.08% (4.1% APRC, 3.75% SVR), £995 product fee

5 year fixed rate remortgage

[FO14900] 60% LTV, 2.38% (3.8% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

[FO14901] 70% LTV, increasing by 12bps from 2.77% to 2.89% (3.9% APRC, 3.75% SVR), product fee reducing from £1,995 to £995

Cashback offers:

The cashback will be paid to your customer’s solicitor on the day they draw down their mortgage

Offer can be changed/withdrawn at any time

Early repayment charges may apply

Your home may be repossessed if you do not keep up repayments on your mortgage

Overpayments:

Overpayments of up to 10% of the outstanding balance per annum are allowed during the initial deal period.

Early repayment charges:

2 year fixed rate: 2% until 30 November 2018, 1% until 30 November 2019

5 year fixed rate: 5% until 30 November 2018, 4% until 30 November 2019, 3% until 30 November, 2% until 30 November 2021, 1% until 30 November 2022

Minimum loan amounts:

£25,000

For a complete listing of all our mortgage products, please visit the product page on our web site.