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NatWest intermediary arm launches first products

Friday 5th February 2010

NatWest Intermediary Solutions, Royal Bank of Scotland’s rebranded intermediary arm has launched its first range of products under the new banner that went live last week.

The new range includes a mix of two year tracker and three year fixed rate purchase mortgages offering a broad range of maximum LTV s from 60-90 per cent and a two year fixed rate remortgage.

The two-year 60 per cent LTV tracker is offering an initial rate of 2.69 per cent whilst the two-year 90 per cent tracker aimed at first-time buyers is offering an initial rate of 4.99 per cent with a low GBP 99 arrangement fee.

The new intermediary only brand has drawn together Royal Bank of Scotland's mortgage purchases, First Active on remortgages and buy-to-let from NatWest.

The range is available to intermediaries who are members of Countrywide, Sesame/PMS, Connell’s (including the Pink Group and BDS), Personal Touch, Legal & General Mortgage Club, Openwork/Your Move, Mortgage Next/Mortgage Intelligence, Home of Choice, Simply Biz, Concordia, Positive Solutions and Intrinsic.

A two-year fixed rate remortgage offering a rate of 4.39 per cent for a maximum LTV of 75 per cent has been added to its core range.

Graham Felstead, director of NatWest Intermediary Solutions, said: “It’s great to be able to mark the recent launch of NatWest Intermediary Solutions with such a broad range of products. I have been very encouraged by the great feedback we have received from the many intermediaries we have spoken to over the last two weeks about our new proposition. We have also had some really productive conversations with our business partners about the types of mortgage products that they would like to see in our range. I believe that the new products we are introducing today and the improvements we have made to our processing will prove to be a winning combination.”

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Posted By pedro on Friday 5th February 2010 11:39:28

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"I have been very encouraged by the great feedback we have received from the many intermediaries we have spoken to over the last two weeks about our new proposition." How about you end the dual pricing?

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