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TODAY'S OTHER NEWS

NatWest cuts BTL remortgage rates

NatWest Intermediary Services this morning made changes to a number of its buy-to-let, as well as its residential mortgage products, with a view to ensuring that 2019 is a ‘successful year’ for buy-to-let investors as well as other borrowers.

NatWest’s buy-to-let remortgage products have been cut by up to 50bps on both two-year rate deals and five-year rate deals.

In addition, there have also been rate reductions of up to 28bps and fee decreases on selected 60%, 70% and 75% loan-to-value deals.

Mark Bullard, head of sales at NatWest Intermediary Services, commented: “We’ve taken this opportunity to review our proposition to ensure it is in line with current market conditions.

“We have been able to make some significant rate reductions, emphasising our intent to make 2019 a successful year.”

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