NatWest introduce new mortgage range to replace Help to Buy.
As the government’s mortgage guarantee scheme, Help to Buy, is ending on 31st December 2016, NatWest has acted by launching two new mortgages.
If you are a first time buyer of a residential property, or you already own one and you are considering a remortgage, this new range could be of interest to you.
The details are as follows:
- The first is a 2 year fixed rate at 3.69%.
- The second is a 5 year fixed rate at 4.59%.
Both mortgages are for up to 95% LTV and neither have a product fee.
NatWest is not the only lender to anticipate the end of Help to Buy. Others have also pledged to support borrowers who have a 5% deposit and have added to their ranges now. This means that if you are a borrower with a smaller deposit, mortgages are still available from a range of sources.
To discuss your options, why not call a Deal Direct mortgage expert who can guide you through the latest deals?
As a ‘whole of market’ broker, we work with specialist lenders, as well as the more familiar high street names. This means we are best placed to find a low rate mortgage deal that suits your needs, perfectly.
To compare a range of mortgage offers, contact Deal Direct today.
Call us on 0800 048 8828.
