Nat West unveils Help to Buy mortgages

NatWest Intermediary Solutions is launching two new mortgage deals tomorrow to support the Government’s Help to Buy: mortgage guarantee scheme.

The new deals are a 2 year fixed rate at 4.99%, 95% LTV with no product fee, and a 5 year fixed rate at 5.49%, 95% LTV with no product fee.

It is also reducing rates on some of its 60% LTV purchase and remortgage deals – a 2 year fixed rate is decreasing to 1.85% from 1.89 %, 60% LTV, £995 product fee.

Mark Bullard, Head of Sales, NatWest Intermediary Solutions said:

“There has been a lot of anticipation about the introduction of mortgages to support the Help to Buy: mortgage guarantee scheme, so I am delighted that we now have these deals available to intermediaries. It’s a great way to kick off 2014 which promises to continue the market improvements seen in 2013. As a mainstream lender, we are committed to supporting brokers this year with a comprehensive range of mortgages, five star service and top quality BDM support.”

Courtesy of Financial Advier

Posted on January 14, 2014 by Peter Marriott, in: Industry posts

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