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Natwest to launch 1.93% three-year fixed rate deal
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
The mortgage war continues to progress as Natwest have announced plans to bring in yet another record fixed rate deal.
Natwest Intermediary Solutions has revealed that as of tomorrow, rates will be reduced on its three-year fixed rate deals. This will include bringing its 60% LTV mortgage down to just 1.93%.
Paul Kane, Acting Head of Sales, Natwest Intermediary Solutions, said, ‘2015 has been a record year so far for us with mortgage applications from intermediaries continuing to grow. Tomorrow’s rate reductions come on hot on the heels of the introduction recently of our new emailing of customer documentation facility, which has been very well received.’[1]
Other three -year fixed rate deals that are to be reduced include:
70% LTV, reducing from 2.25% to 2.18%
75% LTV reducing from 2.50% to 2.30%
80% LTV reducing from 2.68% to 2.48%
85% LTV reducing from 3.19% to 3.13%
90% LTV reducing from 3.89% to 3.73%[2]
[1] http://www.propertyreporter.co.uk/finance/mortgage-price-war-continues-as-natwest-launches-193-3-year-fix.html
