NatWest to launch new 70% BTL mortgages
Tomorrow, NatWest Intermediary Solutions will be introducing a number of new 70% buy-to-let mortgages for intermediaries and making some significant rate reductions to many of its existing buy-to-let products.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
It is also making cuts to the rates on its lower LTV 5-year residential deals. The new buy-to-let deals offer brokers a choice of fee or no fee over 2, 3 and 5 year terms. The existing buy-to-let deals will see reductions of up to 44bps across the 2, 3 and 5 year fixed rate and 2 year tracker products.
Paul Kane, Acting Head of Sales, NatWest Intermediary Solutions said:
“We have had a sustained focus on growing our presence in the buy-to-let sector and I would expect that these rate changes and the introduction of the new 70% LTV deals will further enhance our proposition for mortgage advisers. ”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn