NatWest launches 12 new low rate buy to let mortgage deals.
NatWest Intermediary Solutions has announced the launch of a dozen new buy to let mortgages. In addition the lender has also slashed its rates on existing deals by up to 0.64%.
Included in its new range is a 2 year fixed rate mortgage available for up to 70% LTV at just 2.99%. The fee on this deal is £1,995, however a fee free version of the mortgage is available at 3.99%.
It can be complex working out if it would be cheaper to take a fee free deal with a higher rate or a deal with a fee with a lower rate. If you would like help to work this out and want a 'like for like' market-wide mortgage comparison call an adviser at Deal Direct on 0800 048 8828.
In addition the lender has also announced that various new 3 year fixed rate deals are now available to investment landlords.
Range highlights include:
- A 3 year fix for up to 60% LTV at 3.09% with fees of £1,995.
- A 3 year fix for up to 60% LTV at 3.99% fee free.
- A 3 year fix for up to 70% LTV at 3.45% with fees of £1,995.
- A 3 year fix for up to 70% LTV at 4.25% fee free.
- A 3 year fix for up to 75% LTV at 3.59% with fees of £1,995.
- A 3 year fix for up to 75% LTV at 4.49% fee free.
A 5 year deal for up to 60% LTV is also now available at 4.09% with a £1,995 fee or 4.79% fee free.
If you want to invest in property and would like to discuss your mortgage options in more detail, speak to one of our advisers on 0800 048 8828.
