NatWest keeps 2-yr BTL tracker in the charts | Product News - Moneyfacts

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NatWest keeps 2-yr BTL tracker in the charts

NatWest keeps 2-yr BTL tracker in the charts

Category: Buy To Let
Date: 27/02/2015

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 It is now over 6 months old so the content may be out of date.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 has increased its buy-to-let products by 0.30%. However, its two-year tracker mortgage has retained its competitive edge and held on to a place in the Moneyfacts charts.

The basics…

This mortgage now has a variable rate of 2.35% until 30.6.17, allowing it to sit just behind the market-leader of its sector. It is available at a loan-to-value (LTV) of 60% and has a fee of £1,995.

The finer details…

This deal is open to first-time buyers, second-time buyers and those looking to remortgage their rental property. Remortgagors can benefit from an incentive package of free valuation and free legal fees.

This mortgage offers some repayment flexibility, with regular and lump sum repayments permitted.

Borrowers can also access this mortgage through branches of the Royal Bank of Scotland.

Why we like it…

Although this mortgage has had a rate increase, it still sits near the top of the charts and offers borrowers a competitive deal. The fact that this mortgage is also open to first-time buyers is an added bonus, while remortgagors will be able to profit from a very enticing incentive package.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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