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




