x
By using this website, you agree to our use of cookies to enhance your experience.

NatWest Intermediary Solutions has announced it will be launching its Help to Buy mortgage guarantee scheme products in January.

It has yet to release product details or the exact launch date, but said the announcement would come in early January.

This will add to the growing choice of mortgages available under the government-backed scheme, after Aldermore Bank and Virgin Money announced their deals earlier this month.

Brokers and borrowers will be hoping the new mortgage range will reverse the recent trend for lenders to launch disappointing new deals charging higher rates than existing mortgages under the scheme.

The RBS Group was one of the first lenders to commit its support to the Help to Buy scheme.

NatWest Intermediary Solutions will now be introducing the new products to its core intermediary range, as it has with its current Help to Buy shared equity and NewBuy indemnity schemes.

Head of intermediary mortgages Graham Felstead said: “We have actively participated in the Government’s previous mortgage schemes helping thousands of first-time buyers to secure their first properties.

"I am, therefore, delighted that we will continue our support for intermediaries in 2014 with the introduction of specific 95% LTV mortgages for their clients.”

Comments

MovePal MovePal MovePal