NatWest and RBS bring new remortgage deal to the market Go compare with our comparison table

NatWest and RBS bring new remortgage deal to the market

05 October 2010 / by Rachael Stiles

NatWest and RBS are launching two new mortgage deals, available from today, which include a home loan for remortgage customers.

The new remortgage deal is available at a fixed rate of 2.75% for two years, and customers can borrow up to 50 per cent loan to value.

The remortgage, which is only available to new NatWest or RBS mortgage customers, has no arrangement fee, and also comes with £250 cashback upon completion. 

The two banks, jointly owned, are also offering a new five year fixed rate mortgage, with an LTV of up 60 per cent and a rate of 4.39 per cent; this deal also has no fee, and is available to new and existing customers by telephone only.

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RBS Mortgage Deal Selection - Call Direct

Provider

Type

Initial Rate

Initial Term

Overall Cost for Comparison

Max LTV*Product Fee 
Flexible Offset,
(Purchase and remortgage)

4.00%

Reverts to 3.75%

N/A

3.70%

80%

YesMore Info >
Early redemption charges may apply. Overall Cost for Comparison 3.70% APRC. This is the cost of the mortgage over the full term.
Tracker

2.44%

Reverts to 3.75%

2

Years

3.80%

70%

NoMore Info >
Early redemption charges may apply. Overall Cost for Comparison 3.80% APRC. This is the cost of the mortgage over the full term.
*APR = Overall Cost for Comparison 

** Early repayment charges apply. A withdrawal fee of £150 will be payable once a full mortgage offer has been issued if the customer fails to complete. As a result of the introduction of the withdrawal fee, the product fee (where applicable) will be refunded to the customer up to the point of completion.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products are a selection of deals available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker