To its core range it will be adding a 5 year fixed-rate remortgage with an initial rate of 3.75%, up to a maximum LTV of 50%, with a £699 fee and a 5 year fixed rate no fee remortgage with an initial rate of 3.99%, up to a maximum LTV of 60%.
Also in its core range, it is reducing the rate on its 2 year 60% LTV tracker mortgage from 2.19% to 1.99% which has a £999 fee.
In its corporate range it is reducing the rates on both its 2 year fixed-rate purchase and remortgage products from 3.19% to 2.75%. Both carry a fee of £699 and a maximum LTV of 60%.
In addition, the rate on the no fee 2 year tracker remortgage will reduce from 2.65% to 2.35%, for cases up to a maximum LTV of 60%.
Finally, the exclusive 2 year no fee fixed rate purchase mortgage for Personal Touch will be reduced from 3.39% to 2.95%.
Graham Felstead, head of intermediary channel, NatWest Intermediary Solutions, said: “The introduction of our new five year fixed-rate remortgages means that we now offer intermediaries a much greater choice of options to present to those of their clients who are considering remortgaging. We believe that the attractive rates on offer will help brokers to approach clients who are currently on SVRs prompting them to think about taking a longer term remortgage deal.”
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