Press Room
NatWest Launches New Fixed Rate, 100% and Buy To Let Mortgages
(03 September 2002)
NatWest has launched a range of new competitive fixed rate mortgages. These include a market leading 4.79% for 18 months and from 4.99% for two years. The Bank has also rolled out a new two year fixed rate 100% mortgage of 5.75%, complete with a £100 cash back and £1 valuation fee, and a new two year Buy to Let fixed rate of 5.49%.
Charles Haresnape, Head of NatWest Mortgages, commented: "We have a range of fixed rate and discount deals that are proving very popular. By reducing our rates again, customers can continue to benefit from further savings."
| Length of fixed rate | Percentage loan to value | Interest rate | APR | Annual savings * | Redemption charge |
|---|---|---|---|---|---|
| 18 months | Up to 95% | 4.79% | 6.1% | £595.56 | Yes - during fixed rate period only |
| 2 years | Up to 75% | 4.99% | 6.1% | £495.12 | Yes - during fixed rate period only |
| 2 years | Up to 95% | 5.09% | 6.1% | £444.48 | Yes - during fixed rate period only |
* Savings compared to a 5.95% standard variable rate mortgage of £71,000. Booking fee £295. Capital repayment over 25 years.
For more information on NatWest's mortgage range call 0800 400 999 or visit any NatWest branch.
Enquiries to:
NatWest Media Relations
Tel: 020 7920 5285