NatWest hikes 60% LTV mortgage rates.
NatWest Intermediary Solutions has announced that it is increasing its rates for mortgages offered at 60% LTV.
The lender’s 2 year fix for those with a 40% deposit has risen by 0.14% and is now on offer at 1.59% with a £995 fee.
Longer term fixes are now also up in cost. The lender's 3 year fix for 60% LTV has been increased by 0.06% and is now on offer at 1.99%, and its 5 year fix has gone up and is now on offer at 2.34%.
It's 2 year tracker for 60% LTV has also increased and is now on offer at 1.49%.
With all lenders rates predicted to rise over the coming months, this NatWest increase is possibly just the first of many.
If you need to lock into a low rate mortgage, call us at Deal Direct and we will search through every lenders range to find you a competitive offer.
For impartial and advice and a low rate quote speak to one of our advisers.
Call us today on 0800 048 8828.
