Important

We use cookies to help provide you with the best possible online experience. By using this site, you agree that we may store and access cookies on your device. You can find out more and set your own preferences here.

Press Room

15 January 2009

NatWest & RBS launch lower fixed rate mortgages from 3.99%

  • New 3.99% 2 Year Fixed Rate Deal
  • Rates reduced by up to 0.70%
  • 30% off selected fixed rate product fees for packaged account customers

NatWest and RBS have announced the introduction of a new competitive fixed rate mortgage with a rate of only 3.99% and a fee of 799. The new 2 year deal is available to both new customers and those wishing to remortgage, with a loan to value (LTV) of 60%. The new deal is available from Thursday 15 January 2009.

The Bank is replacing a number of their fixed rate mortgages from the same date, with new deals reducing by as much as 0.70%. Customers can choose between 2, 3 and 5 year deals.

Purchase and remortgage deals:



Mortgage detailsRate from 15 JanuaryLTVFeeRate Reduction
2 year fixed3.99%60%799-0.60%
2 year fixed4.14%75%999-0.70%
2 year fixed5.79%85%999-0.35%
2 year fixed6.39%90%999-0.25%
3 year fixed4.49%75%999-0.30%
5 year fixed4.89%60%499NEW
5 year fixed5.99%85%499-0.25%
5 year fixed6.49%90%499-0.25%

Early repayment charges will apply

Announcing the new mortgage deals, Andy Fell, Director of Branch Mortgages commented: "We believe this attractive new range of fixed rates gives us a great opportunity to help our customers secure lower rates and potentially save some money on their monthly repayments. We remain committed to helping our customers and supporting them by offering a range of competitive deals during these challenging economic conditions."

Customers holding a NatWest or RBS packaged account can benefit further with 30% off selected product fees. For full details visit www.natwest.com and www.rbs.co.uk.