Natwest cuts BTL rates by up to 23bps

NatWest Intermediary Solutions is cutting rates on its standard buy-to-let two-year fixed range for purchase and remortgage products by 19-23 bps.

Related topics:  Finance
Rozi Jones
31st August 2016
Natwest 3

It has also made reductions across across its two, three and five year residential and remortgage fixed rate products.

Residential rates have been reduced between 5-25 bps on two-year fixed rate deals and between 6-24 bps on five-year fixes.

Remortgage three-year fixed rate 60% and 70% LTV fee products are reducing by 5 bps.

On its Help to Buy: Mortgage Guarantee Scheme, Natwest's 95% LTV two-year fix will see a 10 bps cut to 3.81%.

Mark Bullard, Head of Sales, NatWest Intermediary Solutions, said: “Having broadened our product range in recent months, I am delighted that we are able to introduce a significant number of rate reductions – between 5bps – 25bps – across the full LTV range. We continue to have an appetite to lend and have maintained an attractive range of mortgages offering brokers and their customers a great choice whether they are first time buyers, homebuyers, remortgaging or buy-to-let investors.”

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