NatWest cuts high LTV rates

NatWest Intermediary Solutions has reduced a number of high loan-to-value mortgage rates.

NatWest Intermediary Solutions has reduced a number of high loan-to-value mortgage rates.

Its 90% LTV 2-year fixes have been cut by 0.41% to 2.50% with a £995 product fee and by 0.47% to 2.98% with no fee.

Its 95% LTV Help to Buy: mortgage guarantee 2-year fix meanwhile has been cut by 0.45% to 3.79% with no fee.

NatWest’s 90% LTV first-time buyer-only mortgage range now includes a 2-year fix at 2.94% and a 5-year fix at 3.60%, both with no fee.

Mark Bullard, head of sales, NatWest Intermediary Solutions, said: “We have long supported first-time buyers and home buyers with smaller deposits with a good range of appropriate mortgages; that includes the government’s Help to Buy schemes.

“The changes we are introducing provide further evidence of our commitment to this important sector of the mortgage market.”