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NatWest fixes it for first time buyers

NatWest fixes it for first time buyers

Category: Mortgages

Updated: 08/04/2009
First Published: 08/04/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

NatWest is doing its bit to help people onto the property ladder with the launch of a market-leading first time buyer only mortgage.

Open to those with just a 10% deposit, the rate of 5.99% on this five year fixed rate product is the best currently available at 90% loan-to-value, barring products that are solely available to those living in Northern Ireland.

There's also no fee, helping to keep initial costs to a minimum.

One thing to note: the deal can only be taken on a capital and interest repayment basis between 85% and 90% loan-to-value.

This product has been awarded four out of five Moneyfacts stars.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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