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NatWest Intermediary Solutions launches five-year fix at 2.95%

NatWest Intermediary Solutions has launched a range of new two and five-year fixed rates, including a five-year product at 2.95 per cent.

The five-year deal is available up to 60 per cent LTV and for a £2,495 arrangement fee from tomorrow.

Earlier this month, both HSBC and Santander launched direct deals to 60 per cent LTV at 2.99 per cent.

NatWest has also launched a 2.99 per cent two-year fixed rate, which is available up to 60 per cent and for a £995 fee, and a fee-free 3.29 per cent two-year deal available up to 60 per cent LTV.

Other products in the new range include a 3.55 per cent two-year deal available up to 75 per cent LTV for a £995 fee and a fee-free 3.8 per cent two-year fixed rate deal available up to 75 per cent LTV.

Trinity Finance product and communications manager Aaron Strutt says: “The new NatWest five-year fix is particularly cheap and I think we are likely to see more best buys being made available.

“With so many lenders lowering the cost of their mortgages, it looks like we are finally starting to see the traditional broker lenders fighting it out to attract applications.”

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