From Friday 29 January, we will be changing rates in our intermediary range of residential and buy-to-let mortgages.
I have highlighted the rate changes below. For a full listing please visit intermediary.natwest.com
Core Range – Changes apply to purchase and remortgage products unless stated
Residential – purchase and remortgage
2 year fixed rate deals
£995 product fee:
90% LTV decreasing by 41bps from 2.91% to 2.50% (APRC 3.9% purchase/3.9% remortgage, SVR 4.0%)
£0 product fee:
90% LTV decreasing by 47bps from 3.45% to 2.98% (APRC 3.9%/3.9%, SVR 4.0%)
3 year fixed rate deals
£995 product fee:
90% LTV decreasing by 20bps from 3.31% to 3.11% (APRC 4.0%/3.9%, SVR 4.0%)
£0 product fee:
60% LTV increasing by 4bps from 2.52% to 2.56% (APRC 3.8%/3.7%, SVR 4.0%)
90% LTV decreasing by 20bps from 3.78% to 3.58% (APRC 4.0%/4.0%, SVR 4.0%)
5 year fixed rate deals
£995 product fee:
90% LTV decreasing by 20bps from 3.63% to 3.43% (APRC 4.0%/3.9%, SVR 4.0%)
£0 product fee:
90% LTV decreasing by 24bps from 4.13% to 3.89% (APRC 3.7%/3.6%, SVR 4.0%)
Residential – First-time buyer purchase only
2 year fixed rate deal
£0 product fee:
90% LTV decreasing by 45bps from 3.39% to 2.94% (APRC 3.9%, SVR 4.0%)
5 year fixed rate deal
£0 product fee:
90% LTV decreasing by 49bps from 4.09% to 3.60% (APRC 4.0%, SVR 4.0%)
Residential – Help to Buy: mortgage guarantee scheme
2 year fixed rate deal
£0 product fee:
95% LTV decreasing by 45bps from 4.24% to 3.79% (APRC 4.1%, SVR 4.0%)
95% LTV decreasing by 28bps from 4.89% to 4.61% (APRC 4.4%, SVR 4.0%)
Buy-to-let – purchase and remortgage
2 year fixed rate deal
£1,995 product fee:
60% LTV decreasing by 4bps from 2.22% to 2.18% (APRC 4.5%/4.4%, SVR 4.5%)
70% LTV decreasing by 3bps from 2.57% to 2.54% (APRC 4.5%/4.5%, SVR 4.5%)
5 year fixed rate deal
£1,995 product fee:
70% LTV decreasing by 3bps from 3.82% to 3.79% (APRC 4.6%/4.5%, SVR 4.5%)
Early Repayment Charges apply.
For a complete listing of products- please visit http://intermediary.natwest.com
Rate changes to some of our semi-exclusive mortgage deals
From Friday 29 January, we are changing rates on seven of our semi-exclusive residential and buy-to-let mortgage deals.
Residential – purchase and remortgage
2 year fixed rate deals
£995 product fee:
90% LTV decreasing by 40bps from 2.71% to 2.31%, (APRC 3.9% purchase/3.8% remortgage, SVR 4.0%)
£0 product fee:
90% LTV decreasing by 46bps from 3.25% to 2.79%, (APRC 3.9%/3.9%, SVR 4.0%)
5 year fixed rate deals
£995 product fee:
90% LTV decreasing by 14bps from 3.43% to 3.29%, (APRC 3.9%/3.9%, SVR 4.0%)
£0 product fee:
90% LTV decreasing by 24bps from 3.93% to 3.69%, (APRC 4.0%/3.9%, SVR 4.0%)
Residential – First-time buyer only purchase
2 year fixed rate deals
£0 product fee:
90% LTV decreasing by 45bps from 3.19% to 2.74%, (APRC 3.9%, SVR 4.0%)
5 year fixed rate deals
£0 product fee:
90% LTV decreasing by 49bps from 3.89% to 3.40%, (APRC 3.9%, SVR 4.0%)
Buy-to-let – purchase and remortgage
2 year tracker deals
£0 product fee:
60% LTV increasing by 6bps from 2.78% to 2.84%, (APRC 4.5%/4.4%, SVR 4.5%)(NatWest Bank Base Rate +2.34%)
Early Repayment Charges apply.
For a complete listing of all our mortgage products, please visit http://intermediary.natwest.com
