NatWest launches new products and reduces rates

The new products include a 2-year buy-to-let tracker remortgage offering an initial rate of 3.99%, with a £1,999 fee, up to 60% LTV.

For its corporate range, there will be a new 2-year tracker mortgage offering an initial rate of 2.45%, with a £999 fee, up to 60% LTV. There is also a new exclusive 2-year tracker 60% LTV mortgage for PMS and Sesame at 2.35% with a £999 fee.

The rate on its 2-year fixed rate 60% LTV mortgage in its corporate range is also being reduced by 0.05% to 3.19%.

Buy-to-let borrowers remortgaging can access a 2-year tracker at 3.99% (4.0% SVR, 4.8% APR), 60% LTV, with a £1,999 arrangement fee until 30 November 2012.