NatWest launches green BTLs and reprices rates across range

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on email
Essex Home Finance
Alongside the new launches, NatWest is making swathes of rate changes.
The latest Finance and Property News2

NatWest is launching a green buy-to-let range on Wednesday as well as repricing scores of deals with some rates increasing by up to 16 basis points and others falling by up to 24bps.

The new green buy-to-let products will give preferential interest rates on properties with an energy performance certificate rating (EPC) rating of A or B.

NatWest will be offering purchase and remortgage deals at 65% and 75% LTV.

Alongside the new launches, NatWest is making swathes of rate changes.

The following categories of new business rates are among those being repriced:

  • Purchase rate increases of up to 14bps and 16bps on selected two and five-year deals respectively
  • Remortgage rate increases of up to 13bps and 16bps on selected two and five-year deals respectively
  • First-time buyer rate increases of up to 5bps and 8bps on selected two and five-year deals respectively
  • Shared equity purchase  rate increases of up to 14bps on selected two-year deals
  • Help to Buy shared equity purchase rate increases of up to 14bps on selected two-year deals
  • Buy-to-let purchase rate decreases of up to 24bps and 10bps on selected two and five-year deals respectively
  • Buy-to-let remortgage rate decreases of up to 10bps on selected two- year deals, and an increase of 7bps on 60% LTV two-year deal
  • Green purchase rate increases of up to 12bps and 16bps on selected two and five-year deals respectively
  • Green remortgage rate increases of up to 13bps and 15bps on selected two and five-year deals respectively
  • Mortgage Guarantee Scheme rate decrease of 16bps and 17bps on two and five-year 95% LTV products, with cashback increasing to £750

NatWest is also increasing switcher rates for existing customers by up to 10bps and 15bps on selected two and five-year deals respectively.

Original Article from Mortgage Strategy 22/11/21

Get In touch

Leave this field blank
Mobile / Home Number
Please choose the closest match to your Mortgage Needs
  • Choose
  • First Time Buyer
  • Help To Buy
  • Homemover
  • Remortgage
  • Buy to Let
  • Equity Release
  • Insurance
  • Home Utilities
  • Nothing found
Essex Home Finance

(01245) 398466

Call Anytime

Address : 8 Kingsdale Business Centre, Regina Road, Chelsmford, Essex, CM1 1PE

Essex Home Finance Ltd is an Appointed Representative of Mortgage Intelligence Ltd which is authorised and regulated by the Financial Conduct Authority under number 305330 in respect of mortgage, insurance and consumer credit mediation activities only.

Registered address: 1 High Street, Chelmsford, Essex, CM1 1BE.

Registered in England & Wales under number 10607263.

Your home may be repossessed if you do not keep up repayments on your mortgage.

We do not charge for Residential First Time Buyers, Residential Home Movers, Residential Remortgage, and all Product Transfers (Residential or Buy to Let).

There will be a fee for all Buy to Let Purchase and Buy to Let Remortgage cases. Typically our fee will be £149, payable on Offer. We will agree any fees with you before we proceed with your case.

There will be a fee for all Equity Release Mortgage cases. Typically our fee will be £695, payable on Offer. We will agree any fees with you before we proceed with your case.

We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. 

Our advice is covered under the Financial Ombudsman Service.  You may be able to submit a claim through the  EU Online Dispute Resolution Platform If you live outside the United Kingdom or if you prefer not to deal directly with the Financial Ombudsman Service.