The Bank is replacing a number of their fixed rate mortgages from the same date, with new deals reducing by as much as 0.70%. Customers can choose between 2, 3 and 5 year deals.
Purchase and remortgage deals:
Mortgage details Rate from 15 January - LTV - Fee - Rate Reduction
2 year fixed 3.99% 60% £799 -0.60%
2 year fixed 4.14% 75% £999 -0.70%
2 year fixed 5.79% 85% £999 -0.35%
2 year fixed 6.39% 90% £999 -0.25%
3 year fixed 4.49% 75% £999 -0.30%
5 year fixed 4.89% 60% £499 NEW
5 year fixed 5.99% 85% £499 -0.25%
5 year fixed 6.49% 90% £499 -0.25%
Early repayment charges will apply
Announcing the new mortgage deals, Andy Fell, Director of Branch Mortgages commented: "We believe this attractive new range of fixed rates gives us a great opportunity to help our customers secure lower rates and potentially save some money on their monthly repayments. We remain committed to helping our customers and supporting them by offering a range of competitive deals during these challenging economic conditions."
Customers holding a NatWest or RBS packaged account can benefit further with 30% off selected product fees. For full details visit www.natwest.com and www.rbs.co.uk.