NatWest I S launches new remortgage experience.
Natwest Intermediary Solutions has introduced a new way to remortgage.
This product transfer service is only available via broker channels. Therefore, if you are searching for a residential mortgage or a buy to let, independent mortgage broker, Deal Direct, can fully explain how it works.
What you need to know beforehand -
One of NatWest’s stipulations is that there must be a minimum balance of £25,000 to transfer as well as:
- your current mortgage must be within its roll-off period or
- your current mortgage has a ‘track and switch’ option or
- you are on your lender’s SVR
Be aware that if you are in mortgage arrears, the service will not be available. This is true also if you:
- you are ahead of the roll-off period
- you want to vary the mortgage contract
- you want to borrow more
The remortgage options offered by NatWest are interesting, however, if you are seeking either a buy to let or residential mortgage, another lender’s range could be more suitable.
Deal Direct are experts in sourcing remortgages from all over the country. The knowledge and expertise we’ve gained during our time in business can be of value to you as we can save you much time and effort, as well as the most important thing – money.