With 1.2 million mortgages predicted to come to the end of their offer period this year, remortgage deals are forecast to account for 44 per cent of new mortgages in 2005. As part of its new remortgage campaign, This further underlines NatWest's commitment to make eye-catching mortgage deals
available to new and existing customers alike.
The range of new attractive remortgage deals includes a 4.98% Bank Base Rate +0.23% tracker, variable until 31st December 2006. There are no tie-ins beyond the end of the tracker period. The new packages, which are available immediately are:
Deal Percentage loan to value Interest Rate
APR End date
Bank Base Rate + 0.23% tracker Up to 85% 4.98%
6.8% variable 31/12/2006
1 year Discounted rate Up to 95% 3.99%
6.8% variable 30/06/2006
Buy-to-Let Lifetime tracker Bank Base Rate +0.99% Up to 80%
5.74% 6.0% variable Lifetime of mortgage
Charles Haresnape, Director of Mortgage Sales at NatWest Mortgage Services,
said: "I am delighted to announce that NatWest is launching a remortgage campaign to the intermediary market. At NatWest, we realise that it is more important than ever to continue to offer attractive remortgage deals. Our new products pay rates start at 3.99% and offer excellent value. It will enable our intermediary partners to offer attractive deals to many of their clients."
