NatWest overhauls residential mortgage range.
The range of mortgages that the high street bank NatWest offers has gone through a major overhaul.
The changes made include new products being introduced, whereas others have been withdrawn. Mortgages rates on some products have been reduced and on others, increased. Incentives such have cashback have also been withdrawn from selected ranges but added to others.
For example, the lender has launched a new 5 year fixed rate remortgage option with no fees attached. It has also reintroduced a number of its 5 year fixed rates for purchase only and reduced the rates on its 2 year fixes.
However, the bank has increased rates on its Help to Buy and shared equity mortgage offerings. It has also increased the rate for its 2 year buy to let mortgage fix but has reduced the rate for the 5 year option to meet current market demand.
NatWest’s mortgage ranges can help you to buy your first home, move house or finance a rental property or portfolio. But, how would you know for sure if their deals offer you the best value? How would you know if you could obtain a better deal elsewhere?
The answer would be to consult with mortgage expert, Deal Direct. We offer you a personalised service, making a dedicated advisor available who will compare the whole of the market for you.
We use our expertise to evaluate your best options to help you make an informed decision about the mortgage you apply for.