Natwest Intermediary Solutions has announced the addition of two 85 percent LTV fixed-rate mortgages to its core range.
The new offerings are a two year fixed-rate purchase and a two year fixed-rate remortgage, both with an initial rate of 5.29 percent and a fee of £999.
Along with the new arrivals to its core range, Natwest has also released details of a corporate exclusive for LSL Group. This takes the shape of a two year fixed-rate 90 percent purchase mortgage, with an initial rate of 5.99 percent and £999 fee.
“Following dialogue with our intermediary partners, we are pleased to introduce the two new 85 per cent LTV products which now gives us a very broad range of mortgages across the LTV mix from 50 per cent right up to 90 per cent,” said Natwest Intermediary Solutions head of sales Mark Bullard. “We have been delighted with the demand from intermediaries for our products so far this year and will continue to build on the success of our joint efforts to improve application packaging which helps us to preserve our service standards and speed to offer.”
Natwest also revealed that it was lowering the rate on its two year fixed-rate 80 percent LTV purchase mortgage from 4.49 percent to 3.39 percent, saying that rates on other core range products will fall by between 0.1 and 0.4 percent.
