NatWest launches new mortgage range

12-Sep-2006

The new NatWest mortgage range may benefit both first time buyers and business customers, with discounted interest rates from 4.59 per cent and fixed-term rates from 5.09 per cent, with a LTV (loan-to-value) up to 75 per cent.

NatWest's new range will allow any customer to change between a fixed or variable-rate mortgage option, without the risk of incurring an early repayment charge.

"NatWest is committed to focusing on the individual needs of all our customers," said Guy Aldwinckle, head of mortgages at NatWest.

"This new look NatWest mortgage range is designed to approach mortgages another way and make it simpler for customers to choose the right deal for them," he added.

When taking out the mortgage, clients have the option of either paying an arrangement-fee to obtain the lowest rate of interest, or taking a fee-saving option, which includes free legal-fees for remortgages, a free valuation and no product fee.

For first time buyers, NatWest also offers customers a year-year fixed-rate option, with interest rates from 6.89 per cent.

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