{"id":6027610,"date":"2019-11-19T13:15:46","date_gmt":"2019-11-19T13:15:46","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=6027610"},"modified":"2019-11-19T13:15:46","modified_gmt":"2019-11-19T13:15:46","slug":"natwest-refreshes-buy-to-let-and-residential-mortgage-range","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-hk\/2019\/11\/19\/natwest-refreshes-buy-to-let-and-residential-mortgage-range\/","title":{"rendered":"Natwest refreshes buy-to-let and residential mortgage range"},"content":{"rendered":"

Following the launch of some market-leading deals back in October, competition between lenders shows no signs of abating as Natwest launches a revamped range of buy-to-let and residential mortgage products. <\/strong><\/p>\n

Within its semi-exclusive business range, the lender is launching a two-year fixed-rate residential mortgage, at 2.98% and available up to 95% loan-to-value, with zero product fee and \u00a3500 cashback<\/a>.<\/p>\n

Its residential range sees the introduction of several new remortgage deals<\/a>, each coming with a \u00a3999 product fee. Borrowers can choose between a 1.21% two-year fixed-rate or a 1.49% five-year fix both at 60% loan to value. Borrowers seeking a mortgage with 70% or 75% LTV can opt for a 1.54% five-year fixed deal.<\/p>\n

Reduced rates on existing products<\/h4>\n

As well as a revamped range, the lender has cut rates across several products. The two-year fixed-rate at 90% LTV within Natwest’s semi-exclusive residential range for purchases has been reduced from 2.98% to 2.28%, with no product fee and \u00a3250 cashback. A second two-year fix at 90% LTV has also been dropped by 0.19% to 1.80% with a \u00a3995 product fee.<\/p>\n

Borrowers looking to remortgage with a 90% LTV could look at the two-year fixed product, with no fee, now at 2.12%.<\/p>\n

Buy-to-let mortgages makeover<\/h4>\n

The lender’s buy-to-let<\/a> business range has also seen a rate drop, with the two-year fixed-rate mortgage product at 75% LTV now available at 1.98% (a decrease of 0.53%), with a \u00a3995 product fee. Landlords looking for 70% and 75% LTV and a longer-term deal can choose a five-year fix now available at 2.18%, again with a \u00a3995 product fee.<\/p>\n

Mark Bullard, head of sales at Natwest, said: \u201cThese changes once again underline our commitment to the intermediary market. I\u2019m pleased that we have been able to make further rate reductions to our buy-to-let and purchase portfolios, across a wide variety of LTV bandings and two and five-year deals.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Following the launch of some market-leading deals back in October, competition between lenders shows no signs of abating as Natwest launches a revamped range of buy-to-let and residential mortgage products. Within its semi-exclusive business range, the lender is launching a two-year fixed-rate residential mortgage, at 2.98% and available up to 95% loan-to-value, with zero product… Read more »<\/a><\/p>\n","protected":false},"author":3380,"featured_media":6027613,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[26],"tags":[412,108],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts\/6027610"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/users\/3380"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/comments?post=6027610"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts\/6027610\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/media\/6027613"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/media?parent=6027610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/categories?post=6027610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/tags?post=6027610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}