NatWest hikes its fixed rates.
NatWest has announced a fixed mortgage rate increase, citing 'prevailing market conditions' as the reason for the decision.
The lender's rates have gone up by between 0.1% and 0.4% for both new property purchase and remortgage, although on the majority of deals the increase has been set at 0.3%.
The news however is not all negative, as new deals have also been launched broadening the range on offer. These new deals include both 3 year fixed rates and a tracker mortgage available at under 2%.
New range highlights now include:
- A 3 year fix for 80% LTV at 3.09% with a £995 product fee.
- A 3 year fix for 80% LTV at 3.75% with fee free.
- A 2 year fix for 70% LTV at 1.95% with a £995 product fee.
As well as increasing some rates and releasing new products NatWest has also announced that its 3 year fixed mortgage rate for 80% LTV is now 0.4% cheaper and is on offer at 3.95%.
If you would like to review the rates on offer comparing them against the wider market speak to and adviser at Deal Direct. We can find you a competitive mortgage to match your financial needs.
For the lowest rate UK wide,
speak to one of our advisers on 0800 048 8828.
