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Press Room

NatWest Launches New Eye Catching Mortgage Deals
(15 May 2006)

NatWest has launched two new mortgage deals which include a money saving first time buyer product and one of the best buy to let deals on the market.

For First Time Buyers looking to borrow over 90% LTV the new NatWest deal at just 5.29% (Base Rate + 0.79%) could save customers thousands in fees. The package comes with no Higher Lending Charge, no arrangement fee and a free valuation, ideal for those trying to get their first foot on the property ladder.

NatWest has also launched a new Buy to Let mortgage with a rate of just 4.99% fixed for two years, making it one of the best deals on the market. The new Buy to Let deal is available up to 80% loan to value and has an arrangement fee of 695. The mortgage also has an annual 10% overpayment option. This overpayment can take the form of lump sums or regular overpayments.

Guy Aldwinckle, Head of NatWest Mortgages, said: "Once again NatWest is able to introduce great mortgage deals that meet the evolving needs of our customers. NatWest aims to give a helping hand to first time buyers at the time they need it most and this new deal with no arrangement fee, no higher lending charge and free valuation really does just that."

For more information on NatWest’s mortgage range call 0800 400 999 or visit natwest.com/mortgages.

NOTES TO EDITORS:

Further product information:



DealInterest RateAPRERCNotes
First Time Buyer Deal5.29% (BR + 0.79%) variable 'til 31.07.086.6%3% until 31.07.08No arrangement fee, no higher lending charge, free valuation, with 90.01% - 95% LTV, 10% annual overpayment option.
Two-Yr Fixed Buy to Let Deal4.99% fixed 'til 31.07.087.1%2% / 1% until 31.07.0810% annual overpayment option, 695 arrangement, with 80% LTV.