NatWest Intermediary Solutions is today launching a 75% LTV fixed rate buy-to-let mortgage to its core range and ‘refreshing’ the rates on a number of its other products.
The new buy-to-let mortgage is a two-year fixed rate for a maximum LTV of 75%, offering an initial rate of 5.79% with a £999 fee. It is available to all intermediaries through its core range.
In addition, the rate on its buy-to-let two-year tracker 75% LTV purchase mortgage is being reduced by 1.20% to 4.59% and the rate on its buy-to-let two-year tracker 75% LTV remortgage is being reduced by 1.30% to 4.59%.
Rates will be increased on two core range products. The 18-month tracker 75% LTV will increase by 0.20% to 3.09% and the two-year remortgage tracker at 60% LTV will increase 0.30% to 2.79%.
The two-year remortgage tracker 60% LTV product will also be raised by 0.30% to 3.05%.
NatWest unveils 75% buy-to-let mortgage
03 March 2011
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