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NatWest Launches New Remortgage Deal and
10% Overpayment Option on All Mortgages
(20 May 2005)
NatWest today launches a brand new remortgage deal to the intermediary market as part of its new look mortgage range. The new range also boasts a 10% overpayment option on every deal. This further underlines NatWest's commitment to offering attractive mortgage deals via the broker channels.
The new remortgage deal is a fees assisted, two-year fixed at 5.59% until 31 August 2007. The deal comes with free valuation, free legals when using the Bank's nominated solicitor, no remittance or reservation fee and a 10% overpayment option:
| Deal | Percentage loan to value | Interest Rate | APR | End date |
|---|---|---|---|---|
| Two Year - Fixed Rate Remortgage Deal | Up to 95% | 5.59% | 6.7% variable | 30/08/2007 |
Charles Haresnape, Director of Mortgage Sales for NatWest, said: "At NatWest, we realise that it is more important than ever to continue to offer attractive remortgage deals, as well as popular features such as the overpayment option. We are constantly looking to improve our mortgage range to enable our intermediary partners to offer appealing deals to many of their clients."
For more information on NatWest's mortgage range call 0845 302 0192 or visit natwest.com/intermediaries.
Notes to Editors:
- Further rate information:
Rates Product Interest Rate Followed by NW BTL SVR ERC Notes 5.59% currently 6.7% 2% until 31/08/2007
1% until 31/08/2007Free valuation, free legal fees when using the Bank's nominated solicitor, no remittance or reservation fee, 10% annual overpayment allowed. - Only for use by Mortgage Intermediaries authorised by the FSA - conditions apply.