NatWest launches first-time BTL product | Product News - Moneyfacts

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NatWest launches first-time BTL product

NatWest launches first-time BTL product

Category: Buy To Let
Date: 08/07/2013

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 It is now over 6 months old so the content may be out of date.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 replaced all of its buy-to-let mortgages, with the pick of the bunch being a product that is available to first-time property investors at 75% loan-to-value.

The basics…

This new two-year tracker product for mortgages up to 75% loan-to-value charges a rate of 4.15%, and comes with no set-up fees.

Incentives include free legal fees for those remortgaging.

The finer details….

Other changes include a new two-year variable tracker rate of 3.90% at 60% LTV and new fixed rates of 3.99% for two years, maximum 60% LTV; and 4.35% for two years, maximum 75% LTV.

Why we like it….

A competitive rate, no fee and generous incentive package ensure that the two-year tracker deal at 75% loan-to-value enters the Moneyfacts Best Buys. As an added bonus, this product is also available to first time BTL investors.

Fours our of five Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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