Mortgage

NATWEST launches BTL loans to change selected RESI rates – Mortgage strategy

NATWEST has launched a series of landlord loans and has changed the prices of various residential products.

  • The two-year purchase revision is valued at 75% of the loan at 3.63% and the product costs £3,99
  • Five-year purchase fix is ​​75% LTV, 3.88% and the product costs £5,999
  • Two years of loan repair rate is 65% LTV, 3.63% and the product cost is £3,999
  • Five years of loan fixed amount is 60% LTV, 3.64% and the product cost is £5,999

Lenders also canceled selected rates for their new business, existing customers and other lending product ranges, some of which increased by 11 basis points, while others lowered by 20bps.

  • First-time buyers two-year purchase fix for 90% LTV, down 16bps to 4.53%, no product fees and £250 cashback
  • Two-year purchase fix at 95% LTV fell 20bps to 4.97% without product fees
  • Two years of loan repair rate rose 11bps to 4.20% at 75% LTV, priced at £995
  • Five-year high value purchase fix for 60% LTV, up 8bps to 4.14% for £995

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