Latest News

Effective from Tuesday 19 January 2021

 

Here’s a full list the changes with product codes in brackets:

 

New Business

Core Range

 

Residential

Rate Changes

2 year fixed rate purchase

[FO25216] 60% LTV, decreasing by 62bps from 2.40% to 1.78%, product fee £0

[FO25222] 70% LTV, decreasing by 27bps from 2.45% to 2.18%, product fee £0

[FO25224] 75% LTV, decreasing by 27bps from 2.45% to 2.18%, product fee £0

[FO25226] 80% LTV, decreasing by 41bps from 2.94% to 2.53%, product fee £0

[FO25225] 80% LTV, decreasing by 6bps from 2.09% to 2.03%, product fee £995

[FO25230] 85% LTV, decreasing by 15bps from 3.24% to 3.09%, product fee £0

[FO25228] 85% LTV, decreasing by 10bps from 2.90% to 2.80%, product fee £995

[FO25485] 90% LTV, decreasing by 11bps from 3.55% to 3.44%, product fee £995

[FO25450] 90% LTV, decreasing by 6bps from 3.75% to 3.69%, product fee £0

 

2 year fixed rate remortgage

[FO25249] 60% LTV, decreasing by 105bps from 2.69% to 1.64%, product fee £0

[FO25248] 60% LTV, decreasing by 4bps from 1.25% to 1.21%, product fee £995

[FO25251] 70% LTV, decreasing by 90bps from 2.79% to 1.89%, product fee £0

[FO25250] 70% LTV, decreasing by 5bps from 1.49% to 1.44%, product fee £995

 

2 year fixed rate remortgage - high value

[FO25333] 70% LTV, decreasing by 1bps from 1.44% to 1.43%, product fee £995

 

2 year fixed rate remortgage

[FO25252] 75% LTV, decreasing by 5bps from 1.49% to 1.44%, product fee £995

 

2 year fixed rate remortgage - high value

[FO25334] 75% LTV, decreasing by 1bps from 1.44% to 1.43%, product fee £995

 

2 year fixed rate remortgage

[FO25254] 75% LTV, decreasing by 90bps from 2.79% to 1.89%, product fee £0

[FO25255] 80% LTV, decreasing by 37bps from 2.89% to 2.52%, product fee £0

[FO25256] 85% LTV, decreasing by 16bps from 3.24% to 3.08%, product fee £0

 

5 year fixed rate purchase

[FO25235] 60% LTV, decreasing by 116bps from 3.09% to 1.93%, product fee £0

[FO25232] 60% LTV, decreasing by 5bps from 1.39% to 1.34%, product fee £995

[FO25239] 70% LTV, decreasing by 101bps from 3.20% to 2.19%, product fee £0

[FO25243] 75% LTV, decreasing by 102bps from 3.21% to 2.19%, product fee £0

[FO25245] 80% LTV, decreasing by 65bps from 3.38% to 2.73%, product fee £0

[FO25246] 85% LTV, decreasing by 15bps from 3.09% to 2.94%, product fee £995

[FO25247] 85% LTV, decreasing by 8bps from 3.39% to 3.31%, product fee £0

[FO25451] 90% LTV, decreasing by 11bps from 3.60% to 3.49%, product fee £995

[FO25452] 90% LTV, decreasing by 8bps from 3.80% to 3.72%, product fee £0

 

5 year fixed rate remortgage

[FO25257] 60% LTV, decreasing by 5bps from 1.39% to 1.34%, product fee £995

[FO25258] 60% LTV, decreasing by 123bps from 2.97% to 1.74%, product fee £0

 

5 year fixed rate remortgage - high value

[FO25335] 60% LTV, decreasing by 1bps from 1.34% to 1.33%, product fee £995

 

5 year fixed rate remortgage

[FO25259] 70% LTV, decreasing by 4bps from 1.69% to 1.65%, product fee £995

 

5 year fixed rate remortgage - high value

[FO25336] 70% LTV, decreasing by 3bps from 1.67% to 1.64%, product fee £995

 

5 year fixed rate remortgage

[FO25261] 70% LTV, decreasing by 92bps from 3.03% to 2.11%, product fee £0

 

5 year fixed rate remortgage - high value

[FO25337] 75% LTV, decreasing by 3bps from 1.67% to 1.64%, product fee £995

 

5 year fixed rate remortgage

[FO25263] 75% LTV, decreasing by 4bps from 1.69% to 1.65%, product fee £995

[FO25265] 75% LTV, decreasing by 94bps from 3.05% to 2.11%, product fee £0

[FO25266] 80% LTV, decreasing by 5bps from 2.24% to 2.19%, product fee £995

[FO25268] 80% LTV, decreasing by 48bps from 3.17% to 2.69%, product fee £0

[FO25269] 85% LTV, decreasing by 6bps from 2.79% to 2.73%, product fee £995

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO25271] 80% LTV, decreasing by 11bps from 2.64% to 2.53%, product fee £0, cashback £250

 

5 year fixed rate purchase

[FO25273] 80% LTV, decreasing by 65bps from 3.38% to 2.73%, product fee £0, cashback £250

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO25275] 60% LTV, decreasing by 5bps from 1.48% to 1.43%, product fee £995

[FO25277] 60% LTV, decreasing by 63bps from 2.68% to 2.05%, product fee £0

[FO25279] 70% LTV, decreasing by 48bps from 2.68% to 2.20%, product fee £0

[FO25281] 75% LTV, decreasing by 48bps from 2.68% to 2.20%, product fee £0

 

5 year fixed rate purchase

[FO25283] 60% LTV, decreasing by 7bps from 1.80% to 1.73%, product fee £995

[FO25284] 60% LTV, decreasing by 130bps from 3.39% to 2.09%, product fee £0

[FO25288] 70% LTV, decreasing by 111bps from 3.39% to 2.28%, product fee £0

[FO25286] 70% LTV, decreasing by 3bps from 2.11% to 2.08%, product fee £995

[FO25292] 75% LTV, decreasing by 121bps from 3.49% to 2.28%, product fee £0

[FO25290] 75% LTV, decreasing by 3bps from 2.11% to 2.08%, product fee £995

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate purchase

[FO25296] 60% LTV, decreasing by 63bps from 2.68% to 2.05%, product fee £0

[FO25294] 60% LTV, decreasing by 5bps from 1.48% to 1.43%, product fee £995

[FO25297] 70% LTV, decreasing by 48bps from 2.68% to 2.20%, product fee £0

[FO25298] 75% LTV, decreasing by 48bps from 2.68% to 2.20%, product fee £0

 

2 year fixed rate remortgage

[FO25318] 60% LTV, decreasing by 135bps from 3.15% to 1.80%, product fee £0, cashback £500

[FO25317] 60% LTV, decreasing by 46bps from 1.91% to 1.45%, product fee £995, cashback £500

[FO25321] 70% LTV, decreasing by 113bps from 3.31% to 2.18%, product fee £0, cashback £500

[FO25319] 70% LTV, decreasing by 29bps from 1.99% to 1.70%, product fee £995, cashback £500

[FO25322] 75% LTV, decreasing by 38bps from 2.08% to 1.70%, product fee £995, cashback £500

[FO25323] 75% LTV, decreasing by 113bps from 3.31% to 2.18%, product fee £0, cashback £500

 

5 year fixed rate purchase

[FO25301] 60% LTV, decreasing by 130bps from 3.39% to 2.09%, product fee £0

[FO25300] 60% LTV, decreasing by 7bps from 1.80% to 1.73%, product fee £995

[FO25305] 70% LTV, decreasing by 111bps from 3.39% to 2.28%, product fee £0

[FO25303] 70% LTV, decreasing by 3bps from 2.11% to 2.08%, product fee £995

[FO25311] 75% LTV, decreasing by 121bps from 3.49% to 2.28%, product fee £0

[FO25306] 75% LTV, decreasing by 3bps from 2.11% to 2.08%, product fee £995

 

5 year fixed rate remortgage

[FO25324] 60% LTV, decreasing by 46bps from 2.04% to 1.58%, product fee £995, cashback £500

[FO25325] 60% LTV, decreasing by 256bps from 4.44% to 1.88%, product fee £0, cashback £500

[FO25326] 70% LTV, decreasing by 45bps from 2.25% to 1.80%, product fee £995, cashback £500

[FO25327] 70% LTV, decreasing by 221bps from 4.44% to 2.23%, product fee £0, cashback £500

[FO25328] 75% LTV, decreasing by 45bps from 2.25% to 1.80%, product fee £995, cashback £500

[FO25329] 75% LTV, decreasing by 240bps from 4.63% to 2.23%, product fee £0, cashback £500

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO25484] 85% LTV, decreasing by 3bps from 2.82% to 2.79%, product fee £995, cashback £250

 

5 year fixed rate purchase

[FO25330] 60% LTV, decreasing by 4bps from 1.37% to 1.33%, product fee £995, cashback £250

[FO25332] 85% LTV, decreasing by 2bps from 2.95% to 2.93%, product fee £995, cashback £250

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO25338] 60% LTV, decreasing by 12bps from 1.80% to 1.68%, product fee £0

 

5 year fixed rate switcher

[FO25339] 60% LTV, decreasing by 2bps from 1.41% to 1.39%, product fee £995

[FO25340] 60% LTV, decreasing by 15bps from 1.89% to 1.74%, product fee £0

[FO25341] 70% LTV, decreasing by 4bps from 1.69% to 1.65%, product fee £995

[FO25342] 75% LTV, decreasing by 7bps from 1.72% to 1.65%, product fee £995

 

 

End dates

 

2 Year Term End Dates Moving from 31 March 2023 to 30 June 2023

5 Year Term End Dates Moving from 31 March 2026 to 30 June 2026

 

Transitional arrangements

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 18 January, 2021.

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Tuesday 19 January 2021. Requests received after this time will not be considered.

Your email must include in bullet points:

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

Paper applications must be signed by all applicants and the original received at the following address by close of business on Thursday 21 January 2021 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

We are making changes to our existing porting process. These changes include reverting the porting refund window to a period of 4 months, as reflected in our Mortgage Illustrations. 

 

What you need to know

 

Several policy rules relating to porting will be clearly shown on our “Lending Criteria” page.

These include:

·         Applications fully submitted prior to 31^st January will have a 6 month porting window, as per the current Covid-19 linked extension

·         Applications submitted on or after 1^st February will have a 4 month porting window, as per the customer’s mortgage illustration

As a reminder we do not consider porting applications where the customer’s existing mortgage has already been redeemed on/before the date that they apply for the new mortgage OR they already own/co-own the property they are seeking a new application on.

 

What you need to do

 

Please familiarise yourself with our updated porting criteria which can be found on our A-Z of criteria page.

What is the definition of Settled and Pre-Settled status?

 

‘Settled’ status is if the customer has lived in the UK for >5 years and can stay in the UK for as long as they like​. This is equivalent to Indefinite leave to remain.

‘Pre-Settled’ status is if the customer has lived in the UK for <5 years. The customer will be allowed to stay in the UK for 5 more years from the date they receive ‘Pre-Settled’ status. This is equivalent to Limited leave to remain. The customer can apply for ‘Settled’ status once they have 5 years continuous residence in the UK.

https://www.gov.uk/settled-status-eu-citizens-families

 

What if an EU national was living in the UK before 31^st December 2020 but has not yet applied to the EU settlement scheme?

 

Unless there is another party on the mortgage who has permanent right to reside, EU settlement status, or is an Irish citizen, the customer will not be able to apply for a mortgage or any further lending until they have confirmation of their ‘Settled’ or ‘Pre-Settled’ status. This is because after 30^th June 2021, a customer may lose their right to reside in the UK if they have not applied to remain in the UK under the scheme. According to current government guidelines they have until the 30^th June 2021 to apply and it is taking up to 5 days for an application to the EU Settlement Scheme to be processed.

 

What if an EU national has moved to the UK after 1^st January 2021 and wants to apply for a mortgage?

 

Anyone who enters the UK after 31st December 2020 and isn’t eligible for the EU Settlement Scheme will be subject to the UK’s new points-based immigration system and will need to apply for a visa. Our ability to lend to the customer will depend on whether the visa they obtain meets our Foreign National policy.

 

What about the pipeline process?

 

Any applications for EU, EEA or Swiss nationals submitted prior to 1^st January 2021 should follow the policy at time of applying and continue to treat these customers as having permanent right to reside. 

Any applications submitted from 1st January 2021 should follow the new policy.

What’s Happening?

 

As part of the Brexit transition, EU, EEA or Swiss citizens living in the UK before 31 December 2020 must apply to the EU Settlement Scheme to continue living in the UK after 30 June 2021.

To ensure we are supporting customers who were living in the UK before 31 December 2020, and in line with leading competitors, we are making a further update to simplify our foreign national policy.

From 1^st January 2021, the treatment of customers with ‘Pre-Settled’ status will be aligned with customers who receive ‘Settled’ status.

 

What you need to know:

 

·         EU, EEA or Swiss citizens who apply to the EU Settlement Scheme will receive either ‘Settled’ or ‘Pre-Settled’ status

·         From 1^st January 2021, customers who receive either ‘Settled’ or ‘Pre-Settled’ status will be subject to normal residential and buy to let policy and lending criteria

·         EU, EEA or Swiss citizens who lived in the UK before 31st December 2020 need to have received confirmation of their “Settlement Status” (Settled or Pre-Settled) before entering a mortgage application for new lending

·         Irish citizens, or customers already with indefinite leave to remain, do not need to apply under the EU Settlement Scheme and therefore will be subject to normal residential and buy to let policy and lending criteria

 

Pipeline Cases

 

·         Any applications for EU, EEA or Swiss nationals submitted prior to 1^st January 2021 should follow the policy at time of applying and continue to treat these customers as having permanent right to reside. 

·         Any applications submitted from 1st January 2021 should follow the new policy.

 

What you need to do:

 

·         Request evidence of the customer’s settlement status or indefinite leave to remain where required. This can be via a copy of their ‘Settled’/’Pre-Settled’ decision letter.

·         We will require you to include a copy of the customers ‘Settled/Pre Settled’ decision letter as part of their application packaging.

We are receiving numerous queries today from brokers regarding their customers who rolled off on the 31^st December. Due to the Bank Holiday, customers rates will not be live on our systems until tomorrow. If you have such a query, please contact us tomorrow where we will be able to provide you will full rate details at this time.

We are pleased to let you know that our dedicated broker line for existing pipeline cases is fully operational.

 

Calls are being answered on average within 10 minutes and with this in mind from the close of business on Wednesday 16th December we are removing our Urgent Request Inbox:

NatWestUrgentrequests@rbs.co.uk

 

All e-mails that we receive in the inbox by the close of business on 16th December will still be actioned, but after this point the inbox will be closed.

 

We would ask therefore that you use the broker line for all existing case update queries by calling  0345 600 0205, in order for us to deal with your query as quickly and efficiently as possible.

 

To help our agents, please ensure when calling that you have your application number ready.

Our LiveTALK opening hours over the Christmas and New Year period are as follows:

 

Week commencing 14th December - open as normal: 9am – 5pm (Wednesdays 10 – 5pm)

 

 

Date	Opening Hours
Monday 21st December	9-5pm
Tuesday 22nd December	9-5pm
Wednesday 23rd December	10-3pm
Thursday 24th December	9-1pm
Friday 25th December	Closed
Monday 28th December	Closed
Tuesday 29th December	9-3pm
Wednesday 30th December	10-3pm
Thursday 31st December	9-3pm
Friday 1st January	Closed

 

Week commencing 4th January - open as normal: 9am – 5pm (Wednesdays 10 – 5pm)

Here’s a full list the changes with product codes in brackets:

 

New Business

Core Range

 

Residential

New Products

2 year fixed rate purchase

[FO25138] 90% LTV, 3.75%, product fee £0

[FO25137] 90% LTV, 3.55%, product fee £995

 

5 year fixed rate purchase

[FO25139] 90% LTV, 3.60%, product fee £995

[FO25140] 90% LTV, 3.80%, product fee £0

 

Help to Buy: shared equity

Residential

New Product Codes – Due to change in H2B Scheme

2 year fixed rate purchase

[FO25141] 60% LTV, 1.48%, product fee £995

[FO25142] 60% LTV, 2.68%, product fee £0

[FO25143] 70% LTV, 1.88%, product fee £995

[FO25144] 70% LTV, 2.68%, product fee £0

[FO25145] 75% LTV, 1.88%, product fee £995

[FO25146] 75% LTV, 2.68%, product fee £0

 

5 year fixed rate purchase

[FO25147] 60% LTV, 1.80%, product fee £995

[FO25148] 60% LTV, 3.39%, product fee £0

[FO25150] 70% LTV, 3.39%, product fee £0

[FO25149] 70% LTV, 2.11%, product fee £995

[FO25151] 75% LTV, 2.11%, product fee £995

[FO25152] 75% LTV, 3.49%, product fee £0

 

2 year fixed rate remortgage

[FO25154] 60% LTV, 3.15%, product fee £0, cashback £500

[FO25153] 60% LTV, 1.91%, product fee £995, cashback £500

[FO25155] 70% LTV, 1.99%, product fee £995, cashback £500

[FO25156] 70% LTV, 3.31%, product fee £0, cashback £500

[FO25157] 75% LTV, 2.08%, product fee £995, cashback £500

[FO25158] 75% LTV, 3.31%, product fee £0, cashback £500

 

5 year fixed rate remortgage

[FO25159] 60% LTV, 2.04%, product fee £995, cashback £500

[FO25160] 60% LTV, 4.44%, product fee £0, cashback £500

[FO25162] 70% LTV, 2.25%, product fee £995, cashback £500

[FO25164] 70% LTV, 4.44%, product fee £0, cashback £500

[FO25167] 75% LTV, 2.25%, product fee £995, cashback £500

[FO25169] 75% LTV, 4.63%, product fee £0, cashback £500

 

Withdrawn

2 year fixed rate purchase

[FO24998] 60% LTV, 1.48%, product fee £995

[FO24999] 60% LTV, 2.68%, product fee £0

[FO25000] 70% LTV, 1.88%, product fee £995

[FO25002] 70% LTV, 2.68%, product fee £0

[FO25004] 75% LTV, 1.88%, product fee £995

[FO25005] 75% LTV, 2.68%, product fee £0

 

2 year fixed rate remortgage

[FO24778] 60% LTV, 3.15%, product fee £0, cashback £500

[FO24852] 60% LTV, 1.91%, product fee £995, cashback £500

[FO24779] 70% LTV, 1.99%, product fee £995, cashback £500

[FO24780] 70% LTV, 3.31%, product fee £0, cashback £500

[FO24783] 75% LTV, 3.31%, product fee £0, cashback £500

[FO24781] 75% LTV, 2.08%, product fee £995, cashback £500

 

5 year fixed rate purchase

[FO25007] 60% LTV, 3.39%, product fee £0

[FO25006] 60% LTV, 1.80%, product fee £995

[FO25008] 70% LTV, 2.11%, product fee £995

[FO25009] 70% LTV, 3.39%, product fee £0

[FO25010] 75% LTV, 2.11%, product fee £995

[FO25011] 75% LTV, 3.49%, product fee £0

 

5 year fixed rate remortgage

[FO24784] 60% LTV, 2.04%, product fee £995, cashback £500

[FO24785] 60% LTV, 4.44%, product fee £0, cashback £500

[FO24787] 70% LTV, 4.44%, product fee £0, cashback £500

[FO24786] 70% LTV, 2.25%, product fee £995, cashback £500

[FO24776] 75% LTV, 2.25%, product fee £995, cashback £500

[FO24782] 75% LTV, 4.63%, product fee £0, cashback £500

 

 

Existing Customer

No Changes

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Tuesday 15 December, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Wednesday 16 December 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Friday 18 December 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

What’s happening

 

In light of our improving service levels and to support our brokers and their customers, we are delighted to announce the re-introduction of 90% loan to value (LTV) Residential Purchase mortgages.

 

What you need to know

 

·         The new 90% LTV products will apply to Residential Purchases but will not be available on new build properties.

·         We will allow porting with additional borrowing up to 90% LTV for customers buying a new property.

·         We are happy to accept applications where a customer is able to evidence that the first full scheduled monthly payment on their current mortgage and other financial commitments (loans, utilities etc) has been made having finished their payment holiday. Providing they meet all other our credit scoring  criteria.

·         The guidance is effective from 16 December 2020 for all new qualifying mortgage applications received.

 

Important information

 

Prior to submitting any 90% LTV purchase applications with us it is important to note the following:

·         Please check that your customers mortgage application meets the 90% LTV criteria before submitting, as a credit score will be generated, even if the case cannot proceed.

·         If your customer already has a lower LTV application with us and wants to change to a 90% product, a new application will need to be submitted, resulting in another full underwrite and credit score.

 

Help us help you - Packaging

 

To ensure the application process is as seamless as possible and to help us maintain our service levels, please package cases in accordance with our current packaging requirements: Packaging requirements

 

For more information on what transactions are applicable for our 90% LTV products, please visit our: A-Z of criteria page

 

The information will be live from the 16th December and will be found under ‘Maximum LTV’.

Here’s a full list the changes with product codes in brackets:

 

New Business

 

Core Range

Residential

 

Rate Changes

2 year fixed rate purchase

[FO25058] 60% LTV, decreasing by 9bps from 1.34% to 1.25%, product fee £995

[FO25059] 70% LTV, decreasing by 2bps from 1.59% to 1.57%, product fee £995

[FO25060] 75% LTV, decreasing by 2bps from 1.59% to 1.57%, product fee £995

[FO25061] 80% LTV, decreasing by 15bps from 2.24% to 2.09%, product fee £995

[FO25062] 85% LTV, decreasing by 19bps from 3.09% to 2.90%, product fee £995

 

2 year fixed rate remortgage

[FO25065] 60% LTV, decreasing by 4bps from 1.29% to 1.25%, product fee £995

[FO25066] 70% LTV, decreasing by 5bps from 1.54% to 1.49%, product fee £995

[FO25067] 75% LTV, decreasing by 5bps from 1.54% to 1.49%, product fee £995

[FO25068] 80% LTV, decreasing by 5bps from 2.09% to 2.04%, product fee £995

 

2 year fixed rate remortgage - high value

[FO25086] 60% LTV, decreasing by 7bps from 1.26% to 1.19%, product fee £995

[FO25089] 70% LTV, decreasing by 7bps from 1.51% to 1.44%, product fee £995

[FO25091] 75% LTV, decreasing by 7bps from 1.51% to 1.44%, product fee £995

 

5 year fixed rate purchase

[FO25063] 60% LTV, decreasing by 5bps from 1.44% to 1.39%, product fee £995

[FO25064] 85% LTV, decreasing by 20bps from 3.29% to 3.09%, product fee £995

 

5 year fixed rate remortgage - high value

[FO25094] 60% LTV, decreasing by 7bps from 1.41% to 1.34%, product fee £995

 

5 year fixed rate remortgage

[FO25069] 60% LTV, decreasing by 5bps from 1.44% to 1.39%, product fee £995

[FO25070] 70% LTV, decreasing by 3bps from 1.72% to 1.69%, product fee £995

[FO25071] 75% LTV, decreasing by 3bps from 1.72% to 1.69%, product fee £995

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO25075] 60% LTV, decreasing by 9bps from 1.31% to 1.22%, product fee £995, cashback £250

[FO25078] 85% LTV, decreasing by 7bps from 2.89% to 2.82%, product fee £995, cashback £250

 

5 year fixed rate purchase

[FO25080] 60% LTV, decreasing by 4bps from 1.41% to 1.37%, product fee £995, cashback £250

[FO25081] 75% LTV, decreasing by 11bps from 1.79% to 1.68%, product fee £995, cashback £250

[FO25083] 85% LTV, decreasing by 4bps from 2.99% to 2.95%, product fee £995, cashback £250

 

 

Existing Customer

 

Core Range

Residential

 

Rate Changes

2 year fixed rate switcher

[FO25101] 60% LTV, decreasing by 3bps from 1.29% to 1.26%, product fee £995

[FO25105] 60% LTV, increasing by 5bps from 1.75% to 1.80%, product fee £0

[FO25107] 70% LTV, decreasing by 5bps from 1.54% to 1.49%, product fee £995

[FO25109] 75% LTV, decreasing by 5bps from 1.54% to 1.49%, product fee £995

[FO25112] 80% LTV, increasing by 14bps from 2.44% to 2.58%, product fee £0

[FO25114] 85% LTV, increasing by 10bps from 2.59% to 2.69%, product fee £995

[FO25116] 85% LTV, increasing by 10bps from 3.03% to 3.13%, product fee £0

[FO25120] 90% LTV, increasing by 10bps from 3.08% to 3.18%, product fee £0

[FO25118] 90% LTV, increasing by 10bps from 2.74% to 2.84%, product fee £995

 

5 year fixed rate switcher

[FO25122] 60% LTV, decreasing by 3bps from 1.44% to 1.41%, product fee £995

[FO25123] 60% LTV, increasing by 5bps from 1.84% to 1.89%, product fee £0

[FO25124] 70% LTV, decreasing by 3bps from 1.72% to 1.69%, product fee £995

[FO25125] 80% LTV, increasing by 7bps from 2.62% to 2.69%, product fee £0

[FO25129] 85% LTV, increasing by 26bps from 2.69% to 2.95%, product fee £995

[FO25130] 90% LTV, increasing by 26bps from 2.98% to 3.24%, product fee £995

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO25131] 60% LTV, increasing by 19bps from 1.60% to 1.79%, product fee £995

[FO25133] 70% LTV, increasing by 6bps from 2.69% to 2.75%, product fee £0

[FO25132] 70% LTV, increasing by 5bps from 1.94% to 1.99%, product fee £995

[FO25134] 75% LTV, increasing by 1bps from 1.98% to 1.99%, product fee £995

[FO25135] 75% LTV, increasing by 1bps from 2.74% to 2.75%, product fee £0

 

5 year fixed rate switcher

[FO25136] 60% LTV, increasing by 8bps from 1.91% to 1.99%, product fee £995

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 7 December, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Tuesday 8 December 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Thursday 10 December 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

A house purchase must complete by the 31^st March 2021 to benefit from the Stamp Duty Land Tax (SDLT) incentive.

According to Zoopla historic data shows that 81% of mortgage applications in December and 54% of applications made in January complete by the end of March. 

Because of the higher than normal housing transactions taking place at the moment it is important to apply as soon as possible and also make sure that each mortgage application you submit is correctly packaged with all the appropriate documentation to give your customers the best chance of benefitting from this incentive. 

We are doing all that we can to support customers looking to benefit from the stamp duty incentive. We have seen increased times taken for local authority searches with a number currently taking longer than six weeks to complete. As part of our support we are pleased to confirm that with immediate effect we can now temporarily accept purchase search indemnity policies, removing a potential barrier for customers looking to benefit from the stamp duty incentive.

 

What can you do to help?

The more you can prepare, the smoother the application process should be. To help us process your customers’ mortgage applications and ensure that their house purchases and moves complete before the deadline, here are a few tips:

 

·         Make sure you have the source each customer’s deposit validated and that the funds are readily available

·         Have evidence of each customer’s income and employment status confirmed

·         If there is anything unusual about a customer’s circumstances please send in a memo with the application

·         Request that your customers engage their Solicitors, Estate Agents and request removals company quotes as early as possible and ensure that all are aware on your target completion date

·         Understand the timescales for completing local authority searches:

Click here

·         Ask customers to alert the vendors’ estate agents that a valuer will need access to the property to conduct a valuation as soon as possible

·         Understand if your customer needs to complete by the 31^st March (we recommend avoiding completion on the 31^st of March as this will be a busy time)

For more information, and to ensure your customers make the most out of the Stamp Duty incentive, please view our top tips guide that you can share with them.

 

Top tips guide.

1.       What is the difference between Partial Furlough and Flexi-Furlough, and what income can be used for customers not yet returned to their full hours?

 

Partial Furlough

Customer has returned to work on a fixed working pattern / number of hours.  Their payslip will include both income earned and income support via the UK Government scheme for their non working hours.

 

For example customer works 4 day per week and is furloughed 1 day per week.

 

The earned income is acceptable and can be used, however the furlough income is not acceptable and cannot be used.

 

Flexi-Furlough

Customer is back at work but not on a set working pattern or fixed number of hours.

 

For example customers works:

- 5 days in week 1

- 3 days in week 2

- 5 days in week 3

- 1 day in week 4

 

Flexi-Furlough is not an acceptable income which can be used, this is not consistent and not evidence of a sustainable level of income.

 

2.       My customer has a planned return to work date and a letter from their employer confirming this.  Can we lend?        

 

No. We require the customer to have returned to work and have received their first full month's payslip(s). This provides suitable evidence to allow us to underwrite reflecting the customers current circumstances.

 

3.       There has been a material change in the application details or the application has been rekeyed due to changes in circumstances.  Can the application proceed under the original policy terms?

 

No - all applications (including re-key and material changes) submitted on or after 01/12/2020 for employed customers must adhere to the new guidance.

 

4.       My customer has multiple jobs and they have not been furloughed from all.  What income can be used?

 

You can use any earned income from the jobs where the customer has returned to work  and can evidence with a payslip(s), unless the customer has been Flexi-Furloughed.

 

5.       ​My customer has been told they have to take some unpaid annual leave by their employer. This will be taken in a one-off period of time, and will affect the matching payslip (e.g. taking off 2 weeks in November so will have a much lower pay in November). Can the customer still apply? How do I calculate their income?         ​

 

The customer should apply once they have returned to work following this unpaid annual leave, and can evidence this with a full month(s) worth of payslip(s) without the impact of the one-off reduction caused by unpaid leave.

               

               

6.       ​My customer has been told they have to take some unpaid annual leave by their employer. This will be taken over a longer period of time (e.g. they must take 20 days off as unpaid over next 6 months). Can the customer still apply? How do I calculate their income?

 

The customer can still apply. To ensure the mortgage is affordable throughout the term, the income used must be the average of the income they will have during the affected time period.

 

For example, if the customer works 22 days per month, receives £2500/month (£30k/year) as salary, and has to take 20 days unpaid over a 6 month period:

 

                Normal work pattern: 22 days X 6 months = 132 days

                Affected work pattern:  132 days (from above) – 22 days unpaid = 110 days

                110 days ÷ 132 days = 83.3%

                83.3% of £2,500 is £2083.33/month. This is annualised for affordability purposes to £25,000

 

The specifics of the unpaid leave arrangement must be evidenced via a letter on letterheaded paper or an email from an identifiable employer email address. This must contain:

 

                How many days/hours of unpaid leave must be taken

                Time period it is to be taken over (e.g. “6 months” or “between xx/xx and yy/yy”)

                The normal amount of days/hours customer works per month

               

               

7.       My customer is on furlough but will start maternity leave before returning to work. OR, My customer has not been furloughed and will be returning to work after their maternity leave. What evidence do I need to support the application?

 

Our business as usual policy applies which includes understanding whether the customer is currently at risk of redundancy and intends to return to work after their maternity leave.

               

8.       ​If we have a joint application where one applicant is impacted but the case passes the affordability assessment without the second applicant income, can we proceed with their application?

 

​Yes if the mortgage is affordable based on acceptable income earned which can be evidenced in line with our policy, then you can proceed with the application.

 

9.       ​The customer has had a temporary increase to their income, for example:

Increase in over time            

Use of savings and family support   

Temporary increase in any benefits

(This is not an exhaustive list)          

 

Temporary increases to income will not be taken into account when assessing a mortgage application as per current process.

               

10.   ​​If an Offer Extension is granted, does the original policy still apply ? (i.e before 01/12/2020)                                  

 

                                                                                                                                                                    

​​​​For Offer Extension's on the existing Property or where there are no changes to the customers circumstances the original policy will apply. Where there have been changes to the customers circumstances, or for cases where the underwrite is impacted (e.g. change to loan size, change of property, change to income etc) the new policy guidance will apply.

                               

11.   ​If the figure from the p60 is lower/higher for overtime/commission/monthly bonus from 3 post furlough payslips, how do we calculate the figure to use?

 

​There has been no change from our standard process regarding calculating overtime/commission/ monthly bonus, see our: Customer Returning from Furlough Packaging Guide

               

12.   For customers who have returned to work post-furlough between 1 and 3 months how will you assess the Basic Income?

 

• We will use the basic income evidenced from all available post-furlough payslips.

• We will  not include any Covid-19 related government support.

 

 

13.   For customers who have returned to work post-furlough between 1 and 3 months how will you assess the Guaranteed Additional Income   (i.e. Benefit Funding, Shift Allowance, Location Allowance e.g. London Weighting)

 

• We will use the guaranteed additional income evidenced  from all available post-furlough payslips.

• We will not include any Covid-19 related government support.                                                                                                                            

 

What’s happening

With the current restrictions and the UK Government extending the Job Retention Scheme until March 2021, we have reviewed and updated our employed policy to ensure we are doing the right thing for customers.

 

At this time our primary purpose remains to ensure that any mortgage we provide to customers is affordable.

 

 

What you need to know

We continue to support customers who have returned to work following furlough, providing they can demonstrate at least one full month’s evidence of their income e.g. payslips.  For customers who cannot provide this evidence, we are unable to accept an application at this time.

 

A return to work letter from the customer’s employer is no longer acceptable evidence.

 

These changes in policy are effective from 01/12/20 for all new employed applications. These changes do not impact employed applications submitted prior to 01/12/20

 

We will continue to review our policy in light of any appropriate changes which affect employed customers. 

 

For all customers not impacted by furlough, there are no changes to our current policies.

 

What you need to do

 

Review and follow the revised policy guidelines for employed customers:

 

Furloughed Customers Packaging Guide

 

Self-employed policy remains the same:

 

Coronavirus Hub

 

Please remember to let us know if there is a change in the customer’s circumstances at any point during the mortgage process.

 

Here’s a full list the changes with product codes in brackets:

 

New Business

Core Range

Residential

 

Rate Changes

2 year fixed rate remortgage

[FO24976] 60% LTV, decreasing by 5bps from 1.34% to 1.29%, product fee £995

 

2 year fixed rate remortgage - high value

[FO25012] 70% LTV, increasing by 5bps from 1.46% to 1.51%, product fee £995

 

2 year fixed rate remortgage

[FO24977] 70% LTV, increasing by 5bps from 1.49% to 1.54%, product fee £995

[FO24978] 75% LTV, increasing by 5bps from 1.49% to 1.54%, product fee £995

 

2 year fixed rate remortgage - high value

[FO25013] 75% LTV, increasing by 5bps from 1.46% to 1.51%, product fee £995

 

2 year fixed rate remortgage

[FO24979] 80% LTV, increasing by 10bps from 1.99% to 2.09%, product fee £995

 

5 year fixed rate remortgage - high value

[FO25014] 60% LTV, decreasing by 2bps from 1.43% to 1.41%, product fee £995

 

5 year fixed rate remortgage

[FO24980] 70% LTV, increasing by 3bps from 1.69% to 1.72%, product fee £995

[FO24981] 75% LTV, increasing by 3bps from 1.69% to 1.72%, product fee £995

[FO24982] 80% LTV, increasing by 20bps from 2.04% to 2.24%, product fee £995

[FO24983] 85% LTV, increasing by 10bps from 2.69% to 2.79%, product fee £995

 

New Products

2 year fixed rate purchase

[FO24956] 60% LTV, 1.34%, product fee £995

[FO24986] 60% LTV, 1.48%, product fee £995

[FO24987] 60% LTV, 2.68%, product fee £0

[FO24999] 60% LTV, 2.68%, product fee £0

[FO24957] 60% LTV, 2.40%, product fee £0

[FO25039] 60% LTV, 1.31% Green, product fee £995, cashback £250

[FO24998] 60% LTV, 1.48%, product fee £995

[FO25001] 70% LTV, 2.68%, product fee £0

[FO25002] 70% LTV, 2.68%, product fee £0

[FO24988] 70% LTV, 1.88%, product fee £995

[FO24959] 70% LTV, 2.45%, product fee £0

[FO24958] 70% LTV, 1.59%, product fee £995

[FO25000] 70% LTV, 1.88%, product fee £995

[FO24991] 75% LTV, 2.68%, product fee £0

[FO24960] 75% LTV, 1.59%, product fee £995

[FO24961] 75% LTV, 2.45%, product fee £0

[FO25040] 75% LTV, 1.56%, product fee £995 Green, cashback £250

[FO25003] 75% LTV, 1.88%, product fee £995

[FO25004] 75% LTV, 1.88%, product fee £995

[FO25005] 75% LTV, 2.68%, product fee £0

[FO24984] 80% LTV, 2.64%, product fee £0, cashback £250

[FO24962] 80% LTV, 2.24%, product fee £995

[FO24963] 80% LTV, 2.94%, product fee £0

[FO24964] 85% LTV, 3.09%, product fee £995

[FO25041] 85% LTV, 2.89% Green, product fee £995, cashback £250

[FO24965] 85% LTV, 3.24%, product fee £0

 

5 year fixed rate purchase

[FO25006] 60% LTV, 1.80%, product fee £995

[FO25042] 60% LTV, 1.41%, product fee £995 Green, cashback £250

[FO24992] 60% LTV, 1.80%, product fee £995

[FO24966] 60% LTV, 1.44%, product fee £995

[FO25007] 60% LTV, 3.39%, product fee £0

[FO24967] 60% LTV, 3.09%, product fee £0

[FO24993] 60% LTV, 3.39%, product fee £0

[FO25008] 70% LTV, 2.11%, product fee £995

[FO24969] 70% LTV, 3.20%, product fee £0

[FO25009] 70% LTV, 3.39%, product fee £0

[FO24994] 70% LTV, 2.11%, product fee £995

[FO24995] 70% LTV, 3.39%, product fee £0

[FO24968] 70% LTV, 1.86%, product fee £995

[FO24996] 75% LTV, 2.11%, product fee £995

[FO24970] 75% LTV, 1.86%, product fee £995

[FO25043] 75% LTV, 1.79%, product fee £995 Green, cashback £250

[FO24997] 75% LTV, 3.49%, product fee £0

[FO25011] 75% LTV, 3.49%, product fee £0

[FO24971] 75% LTV, 3.21%, product fee £0

[FO25010] 75% LTV, 2.11%, product fee £995

[FO24985] 80% LTV, 3.38%, product fee £0, cashback £250

[FO24974] 80% LTV, 3.38%, product fee £0

[FO24972] 80% LTV, 2.29%, product fee £995

[FO25044] 85% LTV, 2.99%, product fee £995 Green, cashback £250

[FO24973] 85% LTV, 3.29%, product fee £995

[FO24975] 85% LTV, 3.39%, product fee £0

 

Withdrawn

2 year fixed rate purchase

[FO24578] 60% LTV, 1.46%, product fee £995, cashback £250

[FO24566] 60% LTV, 1.33%, product fee £995, cashback £250

[FO24830] 60% LTV, 2.68%, product fee £0

[FO24814] 60% LTV, 1.48%, product fee £995, cashback £250

[FO24836] 60% LTV, 2.68%, product fee £0

[FO24815] 60% LTV, 1.48%, product fee £995, cashback £250

[FO24881] 60% LTV, 2.40%, product fee £0

[FO24882] 70% LTV, 2.45%, product fee £0

[FO24831] 70% LTV, 2.68%, product fee £0

[FO24627] 70% LTV, 1.88%, product fee £995, cashback £250

[FO24837] 70% LTV, 2.68%, product fee £0

[FO24581] 70% LTV, 1.81%, product fee £995, cashback £250

[FO24640] 70% LTV, 1.88%, product fee £995, cashback £250

[FO24642] 75% LTV, 1.88%, product fee £995, cashback £250

[FO24832] 75% LTV, 2.68%, product fee £0

[FO24583] 75% LTV, 1.81%, product fee £995, cashback £250

[FO24887] 75% LTV, 2.68%, product fee £0

[FO24629] 75% LTV, 1.88%, product fee £995, cashback £250

[FO24883] 75% LTV, 2.45%, product fee £0

[FO24567] 75% LTV, 1.61%, product fee £995, cashback £250

[FO24824] 80% LTV, 2.64%, product fee £0, cashback £250

[FO24585] 80% LTV, 2.24%, product fee £995, cashback £250

[FO24884] 80% LTV, 2.94%, product fee £0

[FO24568] 85% LTV, 2.89%, product fee £995, cashback £250

[FO24590] 85% LTV, 3.24%, product fee £0

[FO24589] 85% LTV, 3.09%, product fee £995, cashback £250

 

5 year fixed rate purchase

[FO24833] 60% LTV, 3.39%, product fee £0

[FO24569] 60% LTV, 1.50%, product fee £995, cashback £250

[FO24593] 60% LTV, 1.64%, product fee £995, cashback £250

[FO24885] 60% LTV, 3.09%, product fee £0

[FO24644] 60% LTV, 1.80%, product fee £995, cashback £250

[FO24890] 60% LTV, 3.39%, product fee £0

[FO24632] 60% LTV, 1.80%, product fee £995, cashback £250

[FO24838] 70% LTV, 3.39%, product fee £0

[FO24834] 70% LTV, 3.39%, product fee £0

[FO24635] 70% LTV, 2.11%, product fee £995, cashback £250

[FO24646] 70% LTV, 2.11%, product fee £995, cashback £250

[FO24886] 70% LTV, 3.20%, product fee £0

[FO24598] 70% LTV, 1.99%, product fee £995, cashback £250

[FO24570] 75% LTV, 1.79%, product fee £995, cashback £250

[FO24891] 75% LTV, 3.49%, product fee £0

[FO24649] 75% LTV, 2.11%, product fee £995, cashback £250

[FO24637] 75% LTV, 2.11%, product fee £995, cashback £250

[FO24835] 75% LTV, 3.49%, product fee £0

[FO24888] 75% LTV, 3.21%, product fee £0

[FO24600] 75% LTV, 1.99%, product fee £995, cashback £250

[FO24602] 80% LTV, 2.29%, product fee £995, cashback £250

[FO24828] 80% LTV, 3.38%, product fee £0, cashback £250

[FO24889] 80% LTV, 3.38%, product fee £0

[FO24605] 85% LTV, 3.29%, product fee £995, cashback £250

[FO24894] 85% LTV, 3.39%, product fee £0

[FO24573] 85% LTV, 2.99%, product fee £995, cashback £250

 

Buy To Let

Rate Changes

2 year fixed rate remortgage

[FO25027] 60% LTV, decreasing by 70bps from 2.30% to 1.60%, product fee £995

[FO25028] 60% LTV, decreasing by 70bps from 3.47% to 2.77%, product fee £0

[FO25030] 70% LTV, decreasing by 70bps from 3.72% to 3.02%, product fee £0

[FO25029] 70% LTV, decreasing by 66bps from 2.55% to 1.89%, product fee £995

[FO25032] 75% LTV, decreasing by 70bps from 3.77% to 3.07%, product fee £0

[FO25031] 75% LTV, decreasing by 79bps from 2.68% to 1.89%, product fee £995

 

5 year fixed rate remortgage

[FO25034] 60% LTV, decreasing by 70bps from 3.64% to 2.94%, product fee £0

[FO25033] 60% LTV, decreasing by 84bps from 2.75% to 1.91%, product fee £995

[FO25036] 70% LTV, decreasing by 70bps from 4.08% to 3.38%, product fee £0

[FO25035] 70% LTV, decreasing by 83bps from 3.01% to 2.18%, product fee £995

[FO25038] 75% LTV, decreasing by 70bps from 4.17% to 3.47%, product fee £0

[FO25037] 75% LTV, decreasing by 84bps from 3.02% to 2.18%, product fee £995

 

New Products

2 year fixed rate purchase

[FO25015] 60% LTV, 1.60%, product fee £995

[FO25016] 60% LTV, 2.24%, product fee £0

[FO25018] 70% LTV, 2.56%, product fee £0

[FO25017] 70% LTV, 1.98%, product fee £995

[FO25019] 75% LTV, 1.98%, product fee £995

[FO25020] 75% LTV, 2.67%, product fee £0

 

5 year fixed rate purchase

[FO25021] 60% LTV, 1.88%, product fee £995

[FO25022] 60% LTV, 2.67%, product fee £0

[FO25024] 70% LTV, 2.88%, product fee £0

[FO25023] 70% LTV, 2.14%, product fee £995

[FO25025] 75% LTV, 2.18%, product fee £995

[FO25026] 75% LTV, 3.07%, product fee £0

 

Withdrawn

2 year fixed rate purchase

[FO24893] 60% LTV, 2.94%, product fee £0

[FO24892] 60% LTV, 2.05%, product fee £995

[FO24817] 70% LTV, 3.26%, product fee £0

[FO24816] 70% LTV, 2.57%, product fee £995

[FO24818] 75% LTV, 2.57%, product fee £995

[FO24819] 75% LTV, 3.37%, product fee £0

 

5 year fixed rate purchase

[FO24821] 60% LTV, 3.37%, product fee £0

[FO24820] 60% LTV, 2.75%, product fee £995

[FO24825] 70% LTV, 2.88%, product fee £995

[FO24826] 70% LTV, 3.58%, product fee £0

[FO24829] 75% LTV, 3.77%, product fee £0

[FO24827] 75% LTV, 2.88%, product fee £995

 

Exclusive

Buy To Let

Withdrawn

2 year fixed rate purchase

[FO24854] 60% LTV, 2.30%, product fee £995, cashback £250

[FO24795] 60% LTV, 2.51%, product fee £0

[FO24855] 70% LTV, 2.44%, product fee £995, cashback £250

[FO24856] 70% LTV, 3.04%, product fee £0, cashback £250

[FO24822] 75% LTV, 2.44%, product fee £995, cashback £250

[FO24839] 75% LTV, 3.04%, product fee £0, cashback £250

 

2 year fixed rate remortgage

[FO24861] 60% LTV, 2.32%, product fee £995, cashback £250

[FO24860] 60% LTV, 2.88%, product fee £0, cashback £250

[FO24871] 70% LTV, 3.06%, product fee £0, cashback £250

[FO24870] 70% LTV, 2.57%, product fee £995, cashback £250

[FO24873] 75% LTV, 3.08%, product fee £0, cashback £250

[FO24872] 75% LTV, 2.57%, product fee £995, cashback £250

 

5 year fixed rate purchase

[FO24841] 60% LTV, 2.82%, product fee £0, cashback £250

[FO24840] 60% LTV, 2.62%, product fee £995, cashback £250

[FO24857] 70% LTV, 3.17%, product fee £0, cashback £250

[FO24823] 70% LTV, 2.91%, product fee £995

[FO24859] 75% LTV, 3.27%, product fee £0, cashback £250

[FO24858] 75% LTV, 2.96%, product fee £995, cashback £250

 

5 year fixed rate remortgage

[FO24874] 60% LTV, 2.68%, product fee £995, cashback £250

[FO24875] 60% LTV, 2.84%, product fee £0, cashback £250

[FO24876] 70% LTV, 2.97%, product fee £995, cashback £250

[FO24877] 70% LTV, 3.26%, product fee £0, cashback £250

[FO24878] 75% LTV, 2.97%, product fee £995, cashback £250

[FO24879] 75% LTV, 3.26%, product fee £0, cashback £250

 

 

Existing Customer

Core Range

Residential

 

Rate Changes

2 year fixed rate switcher

[FO25045] 60% LTV, decreasing by 5bps from 1.34% to 1.29%, product fee £995

[FO25046] 60% LTV, increasing by 6bps from 1.69% to 1.75%, product fee £0

[FO25047] 70% LTV, increasing by 10bps from 1.44% to 1.54%, product fee £995

[FO25048] 75% LTV, increasing by 10bps from 1.44% to 1.54%, product fee £995

[FO25050] 80% LTV, increasing by 10bps from 2.34% to 2.44%, product fee £0

[FO25049] 80% LTV, increasing by 20bps from 1.89% to 2.09%, product fee £995

[FO25051] 85% LTV, increasing by 5bps from 2.54% to 2.59%, product fee £995

[FO25052] 90% LTV, increasing by 5bps from 2.69% to 2.74%, product fee £995

 

5 year fixed rate switcher

[FO25053] 70% LTV, increasing by 8bps from 1.64% to 1.72%, product fee £995

[FO25054] 75% LTV, increasing by 8bps from 1.64% to 1.72%, product fee £995

[FO25055] 80% LTV, increasing by 20bps from 2.04% to 2.24%, product fee £995

[FO25056] 85% LTV, increasing by 9bps from 2.60% to 2.69%, product fee £995

[FO25057] 90% LTV, increasing by 19bps from 2.79% to 2.98%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 23 November, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Tuesday 24 November 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Thursday 26 November 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

1. My customer has a Limited Company, do I need to review the last 3 months bank statement?

Yes – The company could still have been impacted by Covid-19 and the statements should be reviewed for adverse trends.  If any trends are identified please provide further information in the Self Employed Supplementary Information Sheet

 

2. If a customer is a contract worker and their income will be reducing, how do we assess? For example a contract worker who previously had a £50,000 contract, which has now been replaced with a £35,000 contract.  

You must use the customer's new revised income for affordability assessment.

 

You must obtain evidence of what the customer's new income is (for example, in the form of a new contract). If a customer cannot obtain evidence we cannot help them at this time.

 

3. My customer has had a temporary change to their income such as a business grant, family support or a temporary increase in benefits.  Can I use the increased income when assessing affordability?     

No – You cannot include any temporary income when assessing affordability as per current guidance.

 

Please ensure you adhere to updated guidance if this includes a SEISS grant.

 

4. My customer has applied for the second or subsequent version of the SEISS grant but this was declined – can we lend?             

No. By applying for the grant the customers have declared that there is an ongoing impact to their business from which they derive their source of income.

 

5. My customer has applied for a SEISS grant and is still awaiting an outcome on acceptance OR has received it and is willing to repay it – can we lend?

No. By applying for the grant the customers has declared that there is an ongoing impact to their business, therefore this income cannot be used for affordability purposes.

 

6. Can an application be submitted where only a small amount of the SEISS grant is required to pass affordability?

No.  We will not accept applications where any amount of SEISS grant applied for on/after 14/7/2020 is required to support affordability.

 

7. My customer has received a SEISS grant, can they apply?             

Scenario	Can we lend?
I have not had a grant and my business has not been impacted	Yes
I have had the first grant, no additional grant and business not impacted	Yes
I have applied for a grant on/after 14/07/2020	No
I have taken 2 or more grants, business not impacted	No
My business has been impacted, e.g. has an ongoing reduction in Turnover	No

 

8. My customer has applied for the second or subsequent versions of the SEISS grant but now claims to have returned to pre Covid levels of trading – can we lend?    

No.  As the customer has declared that there is an ongoing impact to their business there will not be an acceptable period of evidence (e.g. 12 months) that they have returned to normal trading levels and sustainable profits.

 

9. There has been a material change in the application details or the application has been rekeyed due to changes in circumstances.  Can the application proceed under the original policy terms?  

No - all applications (including re-key and material changes) submitted on or after 23/11/2020 for self-employed customers must adhere to the new guidance.

 

11.My customers are applying for a joint mortgage, one applicant is self-employed and has income we cannot use (taken a SEISS grant on or after 14/07 and/or is impacted by Covid-19). The mortgage is affordable using their non-self-employed income and/or the other party's income. Can you lend?           

Yes, providing that the other forms of income are sustainable (e.g. employed income, rental income) these can be used as part of the affordability calculation.

 

What’s Happening

 

With the current restrictions and the UK Government extending the SEISS grant until March 2021, we have reviewed and updated our self-employed policy to ensure we are doing the right thing for customers.

 

Since 14 July 2020, individuals applying for a SEISS grant have been required to confirm their business has been impacted by Covid-19 to receive the grant.  Due to this confirmed impact and the potential ongoing effect Covid-19 has to businesses, we have made some changes to our self-employed policy.   

 

At this time our primary purpose remains to ensure that any mortgage we provide to customers is affordable.

 

What you need to know

 

From 24/11/2020, the following income cannot be used to assess mortgage affordability:

 

·         Income derived from a business that has applied for or received a SEISS grant on or after 14 July 2020.

We will continue to consider other forms of income to support an application for self-employed customers whose business have been impacted, i.e. rental, employed income or other businesses where SEISS grants have not been applied for or received.

 

Limited companies are not impacted by this change.

 

We will continue to review our policy in light of any appropriate changes which affect self-employed customers.

 

What you need to do

 

Complete the updated version of the mandatory supplementary information sheet as part of the required packaging when submitting a self-employed application.

 

Mandatory supplementary information sheet

 

Following feedback from our brokers NatWest Intermediary Solutions are pleased to announce a range of changes to their Buy to Let proposition which will implemented from the 23rd November.

 

What’s changing?

 

·         Interest Coverage Ratio (ICR) is reducing from 135% to 125% for basic rate taxpayers.

 

·         Letting agent fees are currently captured for lower rate tax payers, but are not included in the affordability assessment. As we have reduced the ICR, letting agent fees will now be factored in for these customers. Everything else relating to Letting Agent Fees remains the same. 

 

o   For example, a lower rate tax payer not using a letting agent, looking to borrow £200,000, the monthly rental requirements will reduce from £1237.50 to £1145.83.

 

·         The maximum age at the end of the term for Buy to Let applications is increasing from age 70 to age 80.

 

·         Affordability Assessment - For applications where the term goes beyond the customer’s retirement age (for either one or both customers), only the rental income from the property being purchased/re-mortgaged will be used.

The result that you will see from the simple version of our calculator for a customer that is borrowing into retirement will be the final amount that we will lend. Please be aware that in these circumstances, there is no benefit in completing the full calculator. 

 

·         Eligibility Criteria - Rental Income will no longer be used to achieve the minimum eligibility criteria of £25k per annum.  All other sources of acceptable income will remain the same.

 

o   Example 1: a customer who is retiring at age 70 and wishes to take the buy to let mortgage term to age 80 – they’d need to earn a minimum of £25k from acceptable income sources. We will only use the rental income from the property being mortgaged, if it is sufficient to meet our rental requirements.

 

o   Example 2: a customer who has already retired and wishes to take the buy to let term to age 80, they can do so provided that they have a minimum £25k income from acceptable income sources and if the rental income from the property being mortgaged is sufficient to meet our requirements.

 

Transitional Arrangements/Pipeline Cases

 

·         Pipeline Management - Cases submitted before 23rd Nov 2020 will not be affected by these changes unless there is a significant change, such as the case lapsing or new property details required.

 

·         If an existing case would benefit from these changes, underwriters have the discretion to apply them.

 

What’s happening?

 

Following broker feedback we are pleased to announce that from the 23rd November, we are making changes to our Interest Only proposition. Our aim is that this will enable you to help more of your customers secure an Interest Only mortgage with us.

 

We are also making a change to our background affordability calculations to ensure we continue to lend responsibly when assessing customers current and future mortgage eligibility.

 

What you need to know:

 

·         Interest Only acceptable income types will now directly match our capital and interest criteria i.e. we can now accept bonus income when assessing affordability.

 

·         For joint Interest Only applications, we have introduced a new minimum combined income of £100k per year see examples below.

 

·         A sole Applicants minimum qualifying income will remain at £75k per year.

 

Qualifying Income Examples

App Type             Income                 Outcome

Sole                       £75K                      Meets minimum income - £75k sole income criteria

Joint                      £50K + £60K        Meets minimum income - £100k combined income criteria

Joint                      £75K + £20K        Meets minimum income - £75k sole income criteria

Joint                      £50K + £40K        Fails minimum income - Neither £75k sole or £100k joint income

 

Transitional Arrangements/Pipeline Cases

 

·         As a result of the affordability changes, there may be a reduction in the maximum lend compared to previous affordability assessments.

 

·         Pipeline Management - Cases submitted before 23rd Nov 2020 will not be affected by these changes unless there is a significant change, such as the case lapsing or new property details required.

 

·         If an existing case would benefit from these changes, underwriters have the discretion to apply them.

 

Last night the industry came together virtually to celebrate the annual Financial Adviser Service Awards 2020

 

We are delighted that NatWest Intermediary Solutions were recognised and awarded The 5 Star Service Award for the fifth consecutive year, as a result of brokers casting their votes in June reflecting the previous 12 month period.

Background

 

As a responsible lender we have  reviewed our current policy and we have taken the decision to withdraw lending into retirement for both new and existing customers.

Therefore, from 23/11/2020 we will no longer allow customers to take their residential mortgage past their intended retirement age.  We will however allow customers who are already in receipt of pension income to take their mortgage to age 70 (please see FAQ’s).

 

What’s changing?

 

·         Any porting illustration requests that include an element of lending into retirement need to be submitted by 16/11/2020.

·         If you submit a porting illustration request between 13/11/2020 and the 16/11/2020, please include in the ‘subject’ line of your email - ‘LIR porting request’.

·         The deadline for all applications to be received that have an element of lending into retirement is 21/11/2020.

·         Further information on our lending into retirement policy will be available via our A-Z from 23/11/2020.

 

What you need to do

 

•                     Any lending into retirement porting illustration requests need to be submitted to us by the 16/11/2020

•                     Any applications that have an element of lending into retirement need to be submitted by 21/11/2020

 

FAQs

 

1.       A customer is a firefighter with an intended retirement age of 55.  The customer is currently 50 years old and wants to take a 10-year mortgage term. Can we proceed? No, the mortgage term will run past the customers intended retirement age and we are no longer allowing customers to take their mortgage into retirement. You should see if you can reduce the mortgage term or refer to whole of market.

 

2.       A customer is 55 and has retired from their main profession from which they are receiving a pension. They have continued to work in some capacity and they intend to stop working completely at the age of 67. Can we proceed? In this instance we would be able to lend to the customer providing their mortgage term finished before they stop working. This would be classed as BAU lending as the customer is still in some form of employment. Both the pension income and employed income would need to be captured.

However, if the customer was wishing to take the mortgage term beyond the age of 67 then we would not be able to proceed with the application. This would be the case even if the customer’s pension income alone would be enough to afford the mortgage.

 

3.       A customer is 55 and has fully retired. They are receiving income from a pension and can afford a mortgage based on this alone. Can we proceed? Yes, we would be able to proceed as the customer has fully retired. We define a retired customer as someone who is no longer actively working or in any form of employment. 

 

4.       A customer is working as a labourer and has said they are going to retire at 70. Can I take this customers mortgage to the age of 70? If a customer’s retirement age doesn’t look realistic based on their profession our underwriters may ask for further information. If you can provide rationale for why this is realistic then the application will be considered. 

 

As part of the NatWest Groups commitment to our climate agenda we are delighted to announce the launch of our Green Mortgage Product Range on 28^th October.

 

What you need to know:

 

·         The Green mortgage product range will provide preferential interest rates on selected products (excluding shared equity and help to buy), specifically for those customers who purchase a residential property that has an Energy Performance Certificate rating of A or B.

 

·         The Property must have a current EPC rating of A or B and be recorded as such on the respective Government Registers, the links for which can be found on our A-Z of Lending Policy

 

. You must check the appropriate Register to confirm the current rating, prior to submission of any application.

 

·         The new offering is available at 60%,75% and 85% LTV. (Our maximum LTV on New Build applications remains at 80%)

 

·         The products are available for residential Purchase transactions and Porting only and will be offered across all distribution channels across the bank.

 

·         Eligible products will be displayed across all sourcing systems.

 

What you need to do:

 

·         Prior to submitting a Green mortgage application, please ensure that the current EPC rating is either A or B.

·         Review the ‘Green Mortgages’ section (including FAQs) on our A-Z page of our website

·         Our application form has been updated to include a new question “Is this a Green Mortgage Application?”.

·         Please follow your usual sales, advice and submission process.

 

 

Please note that the following does not relate to new build offer extensions:

 

Where a customer is one month from expiry of their current mortgage offer, you can submit a request for an extension of up to 3 months on their behalf.

 

A request for such an extension can only be made on one occasion and must be made before the existing offer expires.

 

The request will then be assessed and will take into account any change in the Customers circumstances that you have made us aware of.

 

Prior to submitting the offer extension request, please check our affordability calculator to ensure the case is still affordable.

 

Where the case no longer passes the affordability test, you may of course decide to vary the requirements of the application (for example a lower loan amount and/ or extend the mortgage term.)

 

If you are looking to amend the Customers requirements as a result of a change in their circumstances, please provide an accompanying memo when forwarding supporting documents for the case to be assessed.

 

Further information relating to Offer Extensions can be found on our Coronavirus Hub under ‘Offers’.

 

Here’s a full list the changes with product codes in brackets:

 

New Business

Core Range

 

Residential

 

Rate Changes

2 year fixed rate purchase

[FO24578] 60% LTV, increasing by 8bps from 1.38% to 1.46%, product fee £995, cashback £250

[FO24627] 70% LTV, increasing by 17bps from 1.71% to 1.88%, product fee £995, cashback £250

[FO24581] 70% LTV, increasing by 15bps from 1.66% to 1.81%, product fee £995, cashback £250

[FO24640] 70% LTV, increasing by 17bps from 1.71% to 1.88%, product fee £995, cashback £250

[FO24583] 75% LTV, increasing by 15bps from 1.66% to 1.81%, product fee £995, cashback £250

[FO24642] 75% LTV, increasing by 17bps from 1.71% to 1.88%, product fee £995, cashback £250

[FO24629] 75% LTV, increasing by 17bps from 1.71% to 1.88%, product fee £995, cashback £250

[FO24585] 80% LTV, increasing by 25bps from 1.99% to 2.24%, product fee £995, cashback £250

[FO24589] 85% LTV, increasing by 15bps from 2.94% to 3.09%, product fee £995, cashback £250

[FO24590] 85% LTV, increasing by 14bps from 3.10% to 3.24%, product fee £0

 

2 year fixed rate remortgage - high value

[FO24655] 60% LTV, increasing by 2bps from 1.24% to 1.26%, product fee £995

 

2 year fixed rate remortgage

[FO24607] 60% LTV, increasing by 5bps from 1.29% to 1.34%, product fee £995

[FO24609] 80% LTV, increasing by 20bps from 1.79% to 1.99%, product fee £995

[FO24616] 85% LTV, increasing by 34bps from 2.90% to 3.24%, product fee £0

[FO24612] 85% LTV, increasing by 20bps from 2.44% to 2.64%, product fee £995

 

5 year fixed rate purchase

[FO24644] 60% LTV, increasing by 15bps from 1.65% to 1.80%, product fee £995, cashback £250

[FO24632] 60% LTV, increasing by 15bps from 1.65% to 1.80%, product fee £995, cashback £250

[FO24593] 60% LTV, increasing by 9bps from 1.55% to 1.64%, product fee £995, cashback £250

[FO24635] 70% LTV, increasing by 12bps from 1.99% to 2.11%, product fee £995, cashback £250

[FO24598] 70% LTV, increasing by 15bps from 1.84% to 1.99%, product fee £995, cashback £250

[FO24646] 70% LTV, increasing by 12bps from 1.99% to 2.11%, product fee £995, cashback £250

[FO24600] 75% LTV, increasing by 15bps from 1.84% to 1.99%, product fee £995, cashback £250

[FO24637] 75% LTV, increasing by 12bps from 1.99% to 2.11%, product fee £995, cashback £250

[FO24649] 75% LTV, increasing by 12bps from 1.99% to 2.11%, product fee £995, cashback £250

[FO24602] 80% LTV, increasing by 9bps from 2.20% to 2.29%, product fee £995, cashback £250

[FO24605] 85% LTV, increasing by 25bps from 3.04% to 3.29%, product fee £995, cashback £250

 

5 year fixed rate remortgage

[FO24620] 85% LTV, increasing by 9bps from 2.60% to 2.69%, product fee £995

[FO24623] 85% LTV, increasing by 11bps from 3.18% to 3.29%, product fee £0

 

New Products

2 year fixed rate purchase

[FO24566] 60% LTV, 1.33%, green, product fee £995, cashback £250

[FO24567] 75% LTV, 1.61%, green, product fee £995, cashback £250

[FO24568] 85% LTV, 2.89%, green, product fee £995, cashback £250

 

5 year fixed rate purchase

[FO24569] 60% LTV, 1.50%, green, product fee £995, cashback £250

[FO24570] 75% LTV, 1.79%, green, product fee £995, cashback £250

[FO24573] 85% LTV, 2.99%, green, product fee £995, cashback £250

 

Exclusive

Residential

Withdrawn

2 year fixed rate purchase

[FO24428] 60% LTV, 1.33%, product fee £995, cashback £250

[FO24451] 70% LTV, 1.61%, product fee £995, cashback £250

[FO24452] 75% LTV, 1.61%, product fee £995, cashback £250

[FO24431] 80% LTV, 1.94%, product fee £995, cashback £250

[FO24453] 85% LTV, 2.89%, product fee £995, cashback £250

 

5 year fixed rate purchase

[FO24433] 60% LTV, 1.50%, product fee £995, cashback £250

[FO24434] 70% LTV, 1.79%, product fee £995, cashback £250

[FO24435] 75% LTV, 1.79%, product fee £995, cashback £250

[FO24436] 80% LTV, 2.15%, product fee £995, cashback £250

[FO24454] 85% LTV, 2.99%, product fee £995, cashback £250

 

 

Existing Customer

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO24674] 60% LTV, increasing by 5bps from 1.29% to 1.34%, product fee £995

[FO24675] 60% LTV, increasing by 10bps from 1.59% to 1.69%, product fee £0

[FO24676] 70% LTV, increasing by 7bps from 1.92% to 1.99%, product fee £0

[FO24677] 75% LTV, increasing by 7bps from 1.92% to 1.99%, product fee £0

[FO24678] 80% LTV, increasing by 10bps from 1.79% to 1.89%, product fee £995

[FO24680] 85% LTV, increasing by 10bps from 2.93% to 3.03%, product fee £0

[FO24679] 85% LTV, increasing by 10bps from 2.44% to 2.54%, product fee £995

 

5 year fixed rate switcher

[FO24681] 60% LTV, increasing by 10bps from 1.74% to 1.84%, product fee £0

 

 

End dates

 

2 Year Term End Dates Moving from 31 December 2022 to 31 March 2023

5 Year Term End Dates Moving from 31 December 2025 to 31 March 2026

 

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Tuesday 27 October, 2020.

 

The supporting documentation for online applications on these products must be received in our Mortgage Centre in Birmingham by close of business on Tuesday 10 November, 2020

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Wednesday 28 October 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Friday 30 October 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

Here’s a full list the changes with product codes in brackets:

 

New Business

Core Range

 

Residential

Rate Changes

2 year fixed rate purchase

[FO24438] 70% LTV, increasing by 8bps from 1.58% to 1.66%, product fee £995, cashback £250

[FO24439] 75% LTV, increasing by 8bps from 1.58% to 1.66%, product fee £995, cashback £250

[FO24440] 85% LTV, increasing by 15bps from 2.79% to 2.94%, product fee £995, cashback £250

[FO24441] 85% LTV, increasing by 15bps from 2.95% to 3.10%, product fee £0

 

2 year fixed rate remortgage

[FO24443] 70% LTV, increasing by 10bps from 1.39% to 1.49%, product fee £995

 

2 year fixed rate remortgage - high value

[FO24455] 70% LTV, increasing by 10bps from 1.36% to 1.46%, product fee £995

[FO24456] 75% LTV, increasing by 10bps from 1.36% to 1.46%, product fee £995

 

2 year fixed rate remortgage

[FO24444] 75% LTV, increasing by 10bps from 1.39% to 1.49%, product fee £995

[FO24445] 80% LTV, increasing by 10bps from 1.69% to 1.79%, product fee £995

[FO24446] 85% LTV, increasing by 20bps from 2.24% to 2.44%, product fee £995

 

5 year fixed rate purchase

[FO24442] 85% LTV, increasing by 15bps from 2.89% to 3.04%, product fee £995, cashback £250

 

5 year fixed rate remortgage

[FO24447] 70% LTV, increasing by 10bps from 1.59% to 1.69%, product fee £995

 

5 year fixed rate remortgage - high value

[FO24457] 70% LTV, increasing by 10bps from 1.57% to 1.67%, product fee £995

 

5 year fixed rate remortgage

[FO24448] 75% LTV, increasing by 10bps from 1.59% to 1.69%, product fee £995

 

5 year fixed rate remortgage - high value

[FO24458] 75% LTV, increasing by 10bps from 1.57% to 1.67%, product fee £995

 

5 year fixed rate remortgage

[FO24449] 80% LTV, increasing by 15bps from 1.89% to 2.04%, product fee £995

[FO24450] 85% LTV, increasing by 6bps from 2.54% to 2.60%, product fee £995

 

Exclusive

 

Residential

Rate Changes

2 year fixed rate purchase

[FO24451] 70% LTV, increasing by 8bps from 1.53% to 1.61%, product fee £995, cashback £250

[FO24452] 75% LTV, increasing by 8bps from 1.53% to 1.61%, product fee £995, cashback £250

[FO24453] 85% LTV, increasing by 15bps from 2.74% to 2.89%, product fee £995, cashback £250

 

5 year fixed rate purchase

[FO24454] 85% LTV, increasing by 15bps from 2.84% to 2.99%, product fee £995, cashback £250

 

 

Existing Customer

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO24459] 60% LTV, increasing by 15bps from 1.44% to 1.59%, product fee £0

[FO24460] 85% LTV, increasing by 25bps from 2.19% to 2.44%, product fee £995

[FO24461] 90% LTV, increasing by 25bps from 2.44% to 2.69%, product fee £995

5 year fixed rate switcher

[FO24462] 60% LTV, increasing by 15bps from 1.59% to 1.74%, product fee £0

[FO24463] 85% LTV, increasing by 5bps from 2.55% to 2.60%, product fee £995

[FO24464] 90% LTV, increasing by 5bps from 2.74% to 2.79%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 7 October, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Thursday 8 October 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 12 October 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

Here’s a full list the changes with product codes in brackets:

 

New Business

Core Range

 

Buy To Let

Rate Changes

 

2 year fixed rate purchase

[FO24512] 60% LTV, increasing by 70bps from 1.35% to 2.05%, product fee £995

[FO24513] 60% LTV, increasing by 70bps from 2.24% to 2.94%, product fee £0

[FO24514] 70% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995

[FO24515] 70% LTV, increasing by 70bps from 2.56% to 3.26%, product fee £0

[FO24516] 75% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995

[FO24517] 75% LTV, increasing by 70bps from 2.67% to 3.37%, product fee £0

 

2 year fixed rate remortgage

[FO24525] 60% LTV, increasing by 70bps from 2.77% to 3.47%, product fee £0

[FO24524] 60% LTV, increasing by 70bps from 1.60% to 2.30%, product fee £995

[FO24526] 70% LTV, increasing by 70bps from 1.85% to 2.55%, product fee £995

[FO24527] 70% LTV, increasing by 70bps from 3.02% to 3.72%, product fee £0

[FO24528] 75% LTV, increasing by 70bps from 1.98% to 2.68%, product fee £995

[FO24529] 75% LTV, increasing by 70bps from 3.07% to 3.77%, product fee £0

 

5 year fixed rate purchase

[FO24519] 60% LTV, increasing by 70bps from 2.67% to 3.37%, product fee £0

[FO24518] 60% LTV, increasing by 70bps from 2.05% to 2.75%, product fee £995

[FO24521] 70% LTV, increasing by 70bps from 2.88% to 3.58%, product fee £0

[FO24520] 70% LTV, increasing by 70bps from 2.18% to 2.88%, product fee £995

[FO24522] 75% LTV, increasing by 70bps from 2.18% to 2.88%, product fee £995

[FO24523] 75% LTV, increasing by 70bps from 3.07% to 3.77%, product fee £0

 

5 year fixed rate remortgage

[FO24531] 60% LTV, increasing by 70bps from 2.94% to 3.64%, product fee £0

[FO24530] 60% LTV, increasing by 70bps from 2.05% to 2.75%, product fee £995

[FO24533] 70% LTV, increasing by 70bps from 3.38% to 4.08%, product fee £0

[FO24532] 70% LTV, increasing by 70bps from 2.31% to 3.01%, product fee £995

[FO24535] 75% LTV, increasing by 70bps from 3.47% to 4.17%, product fee £0

[FO24534] 75% LTV, increasing by 70bps from 2.32% to 3.02%, product fee £995

 

Exclusive

 

Buy To Let

Rate Changes

 

2 year fixed rate purchase

[FO24536] 60% LTV, increasing by 70bps from 1.60% to 2.30%, product fee £995, cashback £250

[FO24537] 60% LTV, increasing by 70bps from 1.81% to 2.51%, product fee £0

[FO24539] 70% LTV, increasing by 70bps from 2.34% to 3.04%, product fee £0, cashback £250

[FO24538] 70% LTV, increasing by 70bps from 1.74% to 2.44%, product fee £995, cashback £250

[FO24540] 75% LTV, increasing by 70bps from 1.74% to 2.44%, product fee £995, cashback £250

[FO24541] 75% LTV, increasing by 70bps from 2.34% to 3.04%, product fee £0, cashback £250

 

2 year fixed rate remortgage

[FO24549] 60% LTV, increasing by 70bps from 2.18% to 2.88%, product fee £0, cashback £250

[FO24548] 60% LTV, increasing by 70bps from 1.62% to 2.32%, product fee £995, cashback £250

[FO24551] 70% LTV, increasing by 70bps from 2.36% to 3.06%, product fee £0, cashback £250

[FO24550] 70% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995, cashback £250

[FO24552] 75% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995, cashback £250

[FO24553] 75% LTV, increasing by 70bps from 2.38% to 3.08%, product fee £0, cashback £250

 

5 year fixed rate purchase

[FO24542] 60% LTV, increasing by 70bps from 1.92% to 2.62%, product fee £995, cashback £250

[FO24543] 60% LTV, increasing by 70bps from 2.12% to 2.82%, product fee £0, cashback £250

[FO24545] 70% LTV, increasing by 70bps from 2.47% to 3.17%, product fee £0, cashback £250

[FO24544] 70% LTV, increasing by 70bps from 2.21% to 2.91%, product fee £995

[FO24547] 75% LTV, increasing by 70bps from 2.57% to 3.27%, product fee £0, cashback £250

[FO24546] 75% LTV, increasing by 70bps from 2.26% to 2.96%, product fee £995, cashback £250

 

5 year fixed rate remortgage

[FO24554] 60% LTV, increasing by 70bps from 1.98% to 2.68%, product fee £995, cashback £250

[FO24555] 60% LTV, increasing by 70bps from 2.14% to 2.84%, product fee £0, cashback £250

[FO24556] 70% LTV, increasing by 70bps from 2.27% to 2.97%, product fee £995, cashback £250

[FO24557] 70% LTV, increasing by 70bps from 2.56% to 3.26%, product fee £0, cashback £250

[FO24558] 75% LTV, increasing by 70bps from 2.27% to 2.97%, product fee £995, cashback £250

[FO24559] 75% LTV, increasing by 70bps from 2.56% to 3.26%, product fee £0, cashback £250

 

 

Existing Customer

No Changes

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 15 October, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Friday 16 October 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Tuesday 20 October 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

Here’s a full list the changes with product codes in brackets:

New Business

Exclusive

Residential

New Products

2 year fixed rate purchase

[FO24428] 60% LTV, 1.33%, product fee £995, cashback £250

[FO24429] 70% LTV, 1.53%, product fee £995, cashback £250

[FO24430] 75% LTV, 1.53%, product fee £995, cashback £250

[FO24431] 80% LTV, 1.94%, product fee £995, cashback £250

[FO24432] 85% LTV, 2.74%, product fee £995, cashback £250

5 year fixed rate purchase

[FO24433] 60% LTV, 1.50%, product fee £995, cashback £250

[FO24434] 70% LTV, 1.79%, product fee £995, cashback £250

[FO24435] 75% LTV, 1.79%, product fee £995, cashback £250

[FO24436] 80% LTV, 2.15%, product fee £995, cashback £250

[FO24437] 85% LTV, 2.84%, product fee £995, cashback £250

Withdrawn

2 year fixed rate purchase

[FO24410] 60% LTV, 1.33%, product fee £995, cashback £250

[FO24409] 70% LTV, 1.53%, product fee £995, cashback £250

[FO24408] 75% LTV, 1.53%, product fee £995, cashback £250

[FO24411] 80% LTV, 1.94%, product fee £995, cashback £250

[FO24412] 85% LTV, 2.74%, product fee £995, cashback £250

5 year fixed rate purchase

[FO24413] 60% LTV, 1.50%, product fee £995, cashback £250

[FO24414] 70% LTV, 1.79%, product fee £995, cashback £250

[FO24415] 75% LTV, 1.79%, product fee £995, cashback £250

[FO24416] 80% LTV, 2.15%, product fee £995, cashback £250

[FO24417] 85% LTV, 2.84%, product fee £995, cashback £250

 

 

Existing Customer

No Changes

 

End dates

There are no changes to end dates

 

Transitional arrangements

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 30 September, 2020.

 

The supporting documentation for online applications on these products must be received in our Mortgage Centre in Birmingham by close of business on Wednesday 14 October, 2020

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Thursday 1 October 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 5 October 2020 for your rate to be honoured:

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

Here’s a full list the changes with product codes in brackets:

 

New Business

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO24378] 60% LTV, increasing by 10bps from 1.28% to 1.38%, product fee £995, cashback £250

[FO24379] 70% LTV, increasing by 15bps from 1.43% to 1.58%, product fee £995, cashback £250

[FO24380] 75% LTV, increasing by 15bps from 1.43% to 1.58%, product fee £995, cashback £250

[FO24381] 80% LTV, increasing by 20bps from 1.79% to 1.99%, product fee £995, cashback £250

[FO24382] 85% LTV, increasing by 35bps from 2.44% to 2.79%, product fee £995, cashback £250

5 year fixed rate purchase

[FO24383] 60% LTV, increasing by 10bps from 1.45% to 1.55%, product fee £995, cashback £250

[FO24384] 70% LTV, increasing by 15bps from 1.69% to 1.84%, product fee £995, cashback £250

[FO24385] 75% LTV, increasing by 15bps from 1.69% to 1.84%, product fee £995, cashback £250

[FO24386] 80% LTV, increasing by 25bps from 1.95% to 2.20%, product fee £995, cashback £250

[FO24387] 85% LTV, increasing by 25bps from 2.64% to 2.89%, product fee £995, cashback £250

 

Exclusive

Residential

New Products

2 year fixed rate purchase

[FO24410] 60% LTV, 1.33%, product fee £995, cashback £250

[FO24409] 70% LTV, 1.53%, product fee £995, cashback £250

[FO24408] 75% LTV, 1.53%, product fee £995, cashback £250

[FO24411] 80% LTV, 1.94%, product fee £995, cashback £250

[FO24412] 85% LTV, 2.74%, product fee £995, cashback £250

5 year fixed rate purchase

[FO24413] 60% LTV, 1.50%, product fee £995, cashback £250

[FO24414] 70% LTV, 1.79%, product fee £995, cashback £250

[FO24415] 75% LTV, 1.79%, product fee £995, cashback £250

[FO24416] 80% LTV, 2.15%, product fee £995, cashback £250

[FO24417] 85% LTV, 2.84%, product fee £995, cashback £250

 

Existing Customer

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO24418] 60% LTV, increasing by 5bps from 1.24% to 1.29%, product fee £995

[FO24419] 70% LTV, increasing by 5bps from 1.39% to 1.44%, product fee £995

[FO24420] 75% LTV, increasing by 5bps from 1.39% to 1.44%, product fee £995

[FO24421] 80% LTV, increasing by 10bps from 1.69% to 1.79%, product fee £995

[FO24422] 85% LTV, increasing by 26bps from 1.93% to 2.19%, product fee £995

5 year fixed rate switcher

[FO24423] 60% LTV, increasing by 2bps from 1.42% to 1.44%, product fee £995

[FO24424] 70% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995

[FO24425] 75% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995

[FO24426] 80% LTV, increasing by 5bps from 1.99% to 2.04%, product fee £995

[FO24427] 85% LTV, increasing by 15bps from 2.40% to 2.55%, product fee £995

 

End dates

There are no changes to end dates

 

Transitional arrangements

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 23 September, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Thursday 24 September 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 28 September 2020 for your rate to be honoured:

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

Here’s a full list the changes with product codes in brackets:

 

New Business

No Changes

 

Existing Customer

Core Range

 

Residential

Rate Changes

 

2 year fixed rate switcher

[FO24347] 60% LTV, decreasing by 8bps from 1.52% to 1.44%, product fee £0

[FO24349] 70% LTV, decreasing by 50bps from 2.42% to 1.92%, product fee £0

[FO24348] 70% LTV, increasing by 5bps from 1.34% to 1.39%, product fee £995

[FO24351] 75% LTV, decreasing by 50bps from 2.42% to 1.92%, product fee £0

[FO24350] 75% LTV, increasing by 5bps from 1.34% to 1.39%, product fee £995

[FO24352] 80% LTV, increasing by 14bps from 1.55% to 1.69%, product fee £995

[FO24353] 80% LTV, decreasing by 25bps from 2.59% to 2.34%, product fee £0

[FO24354] 85% LTV, decreasing by 3bps from 1.96% to 1.93%, product fee £995

[FO24355] 85% LTV, decreasing by 5bps from 2.98% to 2.93%, product fee £0

[FO24356] 90% LTV, increasing by 18bps from 2.26% to 2.44%, product fee £995

[FO24357] 100% LTV, decreasing by 50bps from 3.50% to 3.00%, product fee £995

[FO24358] 100% LTV, decreasing by 50bps from 3.75% to 3.25%, product fee £0

 

5 year fixed rate switcher

[FO24359] 60% LTV, decreasing by 18bps from 1.77% to 1.59%, product fee £0

[FO24360] 70% LTV, decreasing by 55bps from 2.66% to 2.11%, product fee £0

[FO24361] 75% LTV, decreasing by 57bps from 2.68% to 2.11%, product fee £0

[FO24362] 80% LTV, increasing by 3bps from 1.96% to 1.99%, product fee £995

[FO24363] 80% LTV, decreasing by 25bps from 2.87% to 2.62%, product fee £0

[FO24364] 85% LTV, decreasing by 7bps from 2.47% to 2.40%, product fee £995

[FO24365] 85% LTV, decreasing by 5bps from 3.38% to 3.33%, product fee £0

[FO24366] 90% LTV, increasing by 3bps from 2.71% to 2.74%, product fee £995

 

Buy To Let

Rate Changes

 

2 year fixed rate switcher

[FO24367] 60% LTV, decreasing by 28bps from 1.88% to 1.60%, product fee £995

[FO24368] 60% LTV, decreasing by 35bps from 2.74% to 2.39%, product fee £0

[FO24369] 70% LTV, decreasing by 35bps from 3.04% to 2.69%, product fee £0

[FO24371] 75% LTV, decreasing by 35bps from 3.09% to 2.74%, product fee £0

[FO24370] 75% LTV, decreasing by 2bps from 2.00% to 1.98%, product fee £995

 

5 year fixed rate switcher

[FO24372] 60% LTV, decreasing by 37bps from 2.28% to 1.91%, product fee £995

[FO24373] 60% LTV, decreasing by 50bps from 3.39% to 2.89%, product fee £0

[FO24375] 70% LTV, decreasing by 44bps from 3.77% to 3.33%, product fee £0

[FO24374] 70% LTV, decreasing by 36bps from 2.62% to 2.26%, product fee £995

[FO24376] 75% LTV, decreasing by 34bps from 2.67% to 2.33%, product fee £995

[FO24377] 75% LTV, decreasing by 44bps from 3.86% to 3.42%, product fee £0

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 10 September, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Friday 11 September 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Tuesday 15 September 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

Here’s a full list the changes with product codes in brackets:

 

New Business

 

Core Range

Residential

 

Rate Changes

2 year fixed rate purchase

[FO24240] 60% LTV, increasing by 4bps from 1.24% to 1.28%, product fee £995, cashback £250

[FO24273] 60% LTV, increasing by 11bps from 1.37% to 1.48%, product fee £995, cashback £250

[FO24287] 60% LTV, increasing by 11bps from 1.37% to 1.48%, product fee £995, cashback £250

[FO24290] 70% LTV, increasing by 20bps from 1.51% to 1.71%, product fee £995, cashback £250

[FO24274] 70% LTV, increasing by 20bps from 1.51% to 1.71%, product fee £995, cashback £250

[FO24241] 70% LTV, increasing by 9bps from 1.34% to 1.43%, product fee £995, cashback £250

[FO24242] 75% LTV, increasing by 9bps from 1.34% to 1.43%, product fee £995, cashback £250

[FO24275] 75% LTV, increasing by 12bps from 1.59% to 1.71%, product fee £995, cashback £250

[FO24292] 75% LTV, increasing by 12bps from 1.59% to 1.71%, product fee £995, cashback £250

[FO24243] 80% LTV, increasing by 25bps from 1.54% to 1.79%, product fee £995, cashback £250

[FO24244] 85% LTV, increasing by 30bps from 2.14% to 2.44%, product fee £995, cashback £250

 

2 year fixed rate remortgage

[FO24302] 70% LTV, increasing by 7bps from 1.92% to 1.99%, product fee £995, cashback £500

[FO24262] 80% LTV, increasing by 15bps from 1.54% to 1.69%, product fee £995

[FO24263] 85% LTV, increasing by 10bps from 2.14% to 2.24%, product fee £995

 

5 year fixed rate purchase

[FO24293] 60% LTV, increasing by 4bps from 1.61% to 1.65%, product fee £995, cashback £250

[FO24277] 60% LTV, increasing by 4bps from 1.61% to 1.65%, product fee £995, cashback £250

[FO24279] 70% LTV, increasing by 17bps from 1.82% to 1.99%, product fee £995, cashback £250

[FO24246] 70% LTV, increasing by 9bps from 1.60% to 1.69%, product fee £995, cashback £250

[FO24294] 70% LTV, increasing by 17bps from 1.82% to 1.99%, product fee £995, cashback £250

[FO24296] 75% LTV, increasing by 11bps from 1.88% to 1.99%, product fee £995, cashback £250

[FO24280] 75% LTV, increasing by 11bps from 1.88% to 1.99%, product fee £995, cashback £250

[FO24247] 75% LTV, increasing by 9bps from 1.60% to 1.69%, product fee £995, cashback £250

[FO24248] 80% LTV, increasing by 6bps from 1.89% to 1.95%, product fee £995, cashback £250

[FO24249] 85% LTV, increasing by 20bps from 2.44% to 2.64%, product fee £995, cashback £250

 

5 year fixed rate remortgage

[FO24303] 70% LTV, increasing by 17bps from 2.08% to 2.25%, product fee £995, cashback £500

[FO24304] 75% LTV, increasing by 10bps from 2.15% to 2.25%, product fee £995, cashback £500

[FO24269] 80% LTV, increasing by 10bps from 1.79% to 1.89%, product fee £995

[FO24271] 85% LTV, increasing by 10bps from 2.44% to 2.54%, product fee £995

 

New Products

2 year fixed rate remortgage

[FO24252] 60% LTV, 1.29%, product fee £995

 

2 year fixed rate remortgage - high value

[FO24305] 60% LTV, 1.24%, product fee £995

[FO24306] 70% LTV, 1.36%, product fee £995

 

2 year fixed rate remortgage

[FO24255] 70% LTV, 1.39%, product fee £995

 

2 year fixed rate remortgage - high value

[FO24307] 75% LTV, 1.36%, product fee £995

 

2 year fixed rate remortgage

[FO24261] 75% LTV, 1.39%, product fee £995

 

5 year fixed rate remortgage - high value

[FO24308] 60% LTV, 1.43%, product fee £995

 

5 year fixed rate remortgage

[FO24265] 60% LTV, 1.44%, product fee £995

[FO24267] 70% LTV, 1.59%, product fee £995

 

5 year fixed rate remortgage - high value

[FO24310] 70% LTV, 1.57%, product fee £995

 

5 year fixed rate remortgage

[FO24268] 75% LTV, 1.59%, product fee £995

 

5 year fixed rate remortgage - high value

[FO24309] 75% LTV, 1.57%, product fee £995

 

Withdrawn

2 year fixed rate remortgage - high value

[FO24083] 60% LTV, 1.19%, product fee £995

 

2 year fixed rate remortgage

[FO24072] 60% LTV, 1.24%, product fee £995

 

2 year fixed rate remortgage - high value

[FO24222] 70% LTV, 1.31%, product fee £995

 

2 year fixed rate remortgage

[FO24073] 70% LTV, 1.34%, product fee £995

[FO24074] 75% LTV, 1.34%, product fee £995

 

5 year fixed rate remortgage - high value

[FO24230] 60% LTV, 1.41%, product fee £995

 

5 year fixed rate remortgage

[FO24198] 60% LTV, 1.42%, product fee £995

[FO24199] 70% LTV, 1.59%, product fee £995

 

5 year fixed rate remortgage - high value

[FO24084] 70% LTV, 1.57%, product fee £995

[FO24085] 75% LTV, 1.57%, product fee £995

 

5 year fixed rate remortgage

[FO24200] 75% LTV, 1.59%, product fee £995

 

 

Existing Customer

No Changes

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 3 September, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Friday 4 September 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Tuesday 8 September 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page of our website.

 

 

As of the 3^rd September, we will have updated our Residential Mortgage Calculator to ensure that your self employed customers can have their affordability accurately assessed. You will no longer be required to contact your BDM for the majority of cases.

 

The calculator will have four additional fields you will need to populate:

 

·         Loan amount on Capital and Interest Cases

·         Self employed applicant 1 and 2

·         NatWest product rate

·         Personal loan balance including car finance and credit card balances

 

This is how they will look on the tool with instructions of how to input the data:

 

What you need to do:

 

You will need to capture the additional information for self employed customers to ensure a robust assessment of the customer affordability can be completed.

 

Please note that passing this affordability calculation is not a full agreement of the case. Underwriters may still decline cases which pass affordability calculations. Other than the examples highlighted below, there are no exceptions to this process and the underwriter’s decision will be final and cannot be appealed.

 

Where you have a ported application or a joint case where the affordability can be met using the employed applicants income only you should speak with your NWIS BDM who will give you further guidance before submitting your application.

 

Further guidance and support is provided on the below FAQ’s:

 

FAQ’s

 

Q1. If a customer has a HP agreement on a car that has a balloon payment, does the payment need to be included in all circumstances?

 

Answer - No, the amount that should be included is just the HP deal e.g. customer has a £300 p/m deal over 24 months, amount that should be included = £7,200

 

Q2. Do student loans need to be included?

 

Answer: Yes

 

Q3. Does the balance on Help to Buy need to be included?

 

Answer: No

 

Q4: Does a credit card balance need to be included, even if it is intended to be paid off?

 

Answer: Yes

 

 

 

Here’s a full list the changes with product codes in brackets:

 

New Business

Core Range

Residential

 

Rate Changes

2 year fixed rate purchase

[FO24061] 60% LTV, increasing by 7bps from 1.17% to 1.24%, product fee £995, cashback £250

[FO24063] 70% LTV, increasing by 4bps from 1.30% to 1.34%, product fee £995, cashback £250

[FO24079] 75% LTV, increasing by 8bps from 1.51% to 1.59%, product fee £995, cashback £250

[FO24081] 75% LTV, increasing by 8bps from 1.51% to 1.59%, product fee £995, cashback £250

[FO24064] 80% LTV, increasing by 13bps from 1.41% to 1.54%, product fee £995, cashback £250

 

2 year fixed rate remortgage

[FO24072] 60% LTV, increasing by 7bps from 1.17% to 1.24%, product fee £995

 

2 year fixed rate remortgage - high value

[FO24083] 60% LTV, increasing by 4bps from 1.15% to 1.19%, product fee £995

 

2 year fixed rate remortgage

[FO24073] 70% LTV, increasing by 2bps from 1.32% to 1.34%, product fee £995

[FO24074] 75% LTV, increasing by 2bps from 1.32% to 1.34%, product fee £995

[FO24075] 80% LTV, increasing by 9bps from 1.45% to 1.54%, product fee £995

 

5 year fixed rate purchase

[FO24066] 60% LTV, increasing by 4bps from 1.41% to 1.45%, product fee £995, cashback £250

[FO24080] 75% LTV, increasing by 5bps from 1.83% to 1.88%, product fee £995, cashback £250

[FO24082] 75% LTV, increasing by 5bps from 1.83% to 1.88%, product fee £995, cashback £250

[FO24068] 80% LTV, increasing by 12bps from 1.77% to 1.89%, product fee £995, cashback £250

 

5 year fixed rate remortgage - high value

[FO24084] 70% LTV, increasing by 4bps from 1.53% to 1.57%, product fee £995

[FO24085] 75% LTV, increasing by 4bps from 1.53% to 1.57%, product fee £995

 

5 year fixed rate remortgage

[FO24077] 80% LTV, increasing by 4bps from 1.75% to 1.79%, product fee £995

 

New Products

 

2 year fixed rate purchase

[FO24065] 85% LTV, 2.95%, product fee £0

[FO24062] 85% LTV, 2.14%, product fee £995, cashback £250

 

2 year fixed rate remortgage

[FO24070] 85% LTV, 2.14%, product fee £995

[FO24071] 85% LTV, 2.90%, product fee £0

 

5 year fixed rate purchase

[FO24069] 85% LTV, 3.39%, product fee £0

[FO24067] 85% LTV, 2.44%, product fee £995, cashback £250

 

5 year fixed rate remortgage

[FO24076] 85% LTV, 2.44%, product fee £995

[FO24078] 85% LTV, 3.18%, product fee £0

 

 

Existing Customer

Core Range

Residential

Rate Changes

 

2 year fixed rate switcher

[FO24086] 60% LTV, increasing by 3bps from 1.21% to 1.24%, product fee £995

[FO24087] 70% LTV, increasing by 8bps from 1.26% to 1.34%, product fee £995

[FO24088] 75% LTV, increasing by 8bps from 1.26% to 1.34%, product fee £995

 

5 year fixed rate switcher

[FO24089] 60% LTV, increasing by 4bps from 1.38% to 1.42%, product fee £995

[FO24090] 70% LTV, increasing by 7bps from 1.52% to 1.59%, product fee £995

[FO24091] 75% LTV, increasing by 7bps from 1.52% to 1.59%, product fee £995

 

 

End dates

 

2 Year Term End Dates Moving from 30 September 2022 to 31 December 2022

5 Year Term End Dates Moving from 30 September 2025 to 31 December 2025

 

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 17 August, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Tuesday 18 August 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Thursday 20 August 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site. Please also utilise our coronavirus hub for updates on criteria, policies and processes.

 

 

 

From 13^th August 2020, our valuation policy is changing due to the recent update to industry guidelines on how we assess flats for mortgage suitability due to potential fire risks. This is equally applicable through the UK.

A form called an EWS1 (External Wall Fire Review) has been created by the industry to ensure if external cladding is present, that a fire risk assessment is carried out.

Any applications received after the 13^th August in relation to flats, may be subject to different valuation requirements detailed below.

 

What you need to know:

If the valuer determines, whilst carrying out the standard valuation that an EWS1 is required, our underwriters will request this.

The customer will need to obtain this and pay any associated costs of the review if necessary.

Our underwriters will then refer it to our panel valuers as a Post Valuation Query (PVQ) for review and assessment.

 

What you need to do:

Any applications received after this date, in relation to flats, where new borrowing is requested (including additional borrowing) require a physical standard mortgage valuation.  The use of HPI or Desktop valuation, for flats, is no longer acceptable.

Please note for Scottish applications a transcript of the Home Report is still acceptable.

Upon assessment of the EWS1 by our panel valuer, they will advise if the property is suitable for mortgage purposes.

 

FAQs:

 

·         Q – What is an EWS1 form and why is the valuer asking to see it?

 

A - Following the Grenfell disaster, the Government has been working with UK Finance and the Royal Institute of Chartered Surveyors (RICS) to develop an industry wide fire safety assessment (EWS) designed to identify if a building which is suspected of containing potentially dangerous combustible cladding requires any remedial work to make safe in line with revised fire safety regulations. Where a valuer identifies potentially combustible cladding, they may request an EWS1 form in order to gain the opinion of a suitably qualified fire professional. The EWS1 form will advise if any remedial measures are required and therefore whether the building can be considered for lending.

 

·         Q – They have confirmed that the EWS1 form provided isn’t suitable, what can my customer do?

 

A – To ensure our valuers are providing a valuation based on correct and relevant information, if the supplied EWS1 form does need to meet minimum standards. It must be completed by a suitably qualified individual (as confirmed by RICS) who is independent to the transaction and the form has been completed without errors (i.e. correct address showing, signed, dated etc). As part of the EWS validation process, LGSS will be ensuring that the signatory on the EWS form is suitably independent. Should there by any errors or inconsistencies, the customer will need to seek an amended report from the person / company who instructed the fire safety inspection.

 

·         Q – Why doesn’t every application need an EWS1 form?

 

A – We rely upon the professional opinion of our valuers to confirm if a property shows the presence of potentially combustible cladding. Should they feel this is the case, they may request an EWS1 form. Where no signs of cladding are present, the valuation will proceed without the need of an EWS1 form.

 

·         Q – My customer is saying they can’t get an EWS1 form for their property, what happens now?

 

A - It is the responsibility of the building owner, management company or individual freeholders of the building to provide an EWS1 form following a fire safety inspection. Once completed, this form should be made available to all owners/residents of the building. Where an EWS1 form is requested by the valuer, the mortgage application cannot proceed without a satisfactory EWS1 form being received and we cannot instruct an EWS1 form / inspection on the customers behalf

 

·         Q – My customers property is in Scotland where there is no building owner, what do I do?

 

A – Due to differences between property law in Scotland vs the rest of the UK, ownership of a block of flats is shared between the individual property owners, rather than residing with a single freeholder. In this instance, it will be for one or all the individual owners to organise and instruct a fire safety inspection.

 

·         Q – My customer has provided an EWS1 form, but it only relates to their flat, not the building, is this ok?

 

A – No, an EWS1 form must relate to the whole building, to ensure it relates to the performance of any cladding on the entire building.

 

·         Q – My customer s property is in Scotland and has had a home report completed, can I still request a transcript?

 

A – Yes, where a satisfactory home report has already been completed per our credit policy guidelines a transcript of the report can be requested. Upon satisfactory return of the transcript this will confirm if an EWS1 form is required

 

 

 

 

Here’s a full list the changes with product codes in brackets:

 

New Business

Core Range

 

Residential

Rate Changes

2 year fixed rate purchase

[FO23886] 70% LTV, increasing by 7bps from 1.23% to 1.30%, product fee £995, cashback £250

[FO23887] 75% LTV, increasing by 10bps from 1.24% to 1.34%, product fee £995, cashback £250

 

2 year fixed rate remortgage - high value

[FO23892] 70% LTV, increasing by 7bps from 1.24% to 1.31%, product fee £995

 

2 year fixed rate remortgage

[FO23888] 70% LTV, increasing by 7bps from 1.25% to 1.32%, product fee £995

[FO23889] 75% LTV, increasing by 7bps from 1.25% to 1.32%, product fee £995

 

5 year fixed rate remortgage - high value

[FO23893] 70% LTV, increasing by 8bps from 1.45% to 1.53%, product fee £995

 

5 year fixed rate remortgage

[FO23890] 70% LTV, increasing by 9bps from 1.50% to 1.59%, product fee £995

 

5 year fixed rate remortgage - high value

[FO23894] 75% LTV, increasing by 8bps from 1.45% to 1.53%, product fee £995

 

5 year fixed rate remortgage

[FO23891] 75% LTV, increasing by 9bps from 1.50% to 1.59%, product fee £995

 

 

Existing Customer

No Changes

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 23 July, 2020.

 

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Friday 24 July 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Tuesday 28th July 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

Here’s a full list the changes with product codes in brackets:

 

New Business

Exclusive

 

Residential

Withdrawn

2 year fixed rate purchase

[FO22191] 60% LTV, 1.84%, product fee £0, cashback £350

[FO23842] 60% LTV, 1.15%, product fee £995

[FO22192] 70% LTV, 1.24%, product fee £995

[FO22193] 70% LTV, 1.87%, product fee £0, cashback £350

[FO23843] 75% LTV, 1.25%, product fee £995

[FO22195] 75% LTV, 1.99%, product fee £0, cashback £250

[FO22190] 80% LTV, 2.07%, product fee £0, cashback £250

[FO22203] 80% LTV, 1.45%, product fee £995

 

2 year fixed rate remortgage

[FO23713] 60% LTV, 1.15%, product fee £995

[FO22196] 60% LTV, 1.84%, product fee £0, cashback £350

[FO23848] 60% LTV, 1.60%, product fee £995, cashback £500

[FO22308] 60% LTV, 2.90%, product fee £0, cashback £500

[FO22197] 70% LTV, 1.24%, product fee £995

[FO22201] 70% LTV, 1.87%, product fee £0, cashback £350

[FO23849] 70% LTV, 1.63%, product fee £995, cashback £500

[FO22311] 70% LTV, 2.90%, product fee £0, cashback £500

[FO22199] 75% LTV, 1.87%, product fee £0, cashback £350

[FO23850] 75% LTV, 1.71%, product fee £995, cashback £500

[FO23732] 75% LTV, 1.24%, product fee £995

[FO22178] 75% LTV, 2.90%, product fee £0, cashback £500

[FO22200] 80% LTV, 2.06%, product fee £0, cashback £250

 

5 year fixed rate purchase

[FO23844] 60% LTV, 1.40%, product fee £995

[FO22253] 60% LTV, 2.10%, product fee £0, cashback £500

[FO23845] 70% LTV, 1.54%, product fee £995

[FO22260] 70% LTV, 2.24%, product fee £0, cashback £500

[FO23846] 75% LTV, 1.54%, product fee £995

[FO22261] 75% LTV, 2.24%, product fee £0, cashback £500

[FO22262] 80% LTV, 2.40%, product fee £0, cashback £500

[FO22279] 80% LTV, 2.39%, product fee £0, cashback £500

[FO23847] 80% LTV, 1.75%, product fee £995

 

5 year fixed rate remortgage

[FO23715] 60% LTV, 1.40%, product fee £995

[FO23851] 60% LTV, 1.88%, product fee £995, cashback £500

[FO22263] 60% LTV, 2.01%, product fee £0, cashback £500

[FO22315] 60% LTV, 3.49%, product fee £0, cashback £500

[FO23852] 70% LTV, 1.99%, product fee £995, cashback £500

[FO22268] 70% LTV, 2.10%, product fee £0, cashback £500

[FO22313] 70% LTV, 3.49%, product fee £0, cashback £500

[FO22269] 75% LTV, 2.11%, product fee £0, cashback £500

[FO22310] 75% LTV, 3.64%, product fee £0, cashback £500

[FO23853] 75% LTV, 2.01%, product fee £995, cashback £500

[FO22270] 80% LTV, 2.29%, product fee £0, cashback £500

 

 

Existing Customer

No Changes

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Tuesday 14 July, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Wednesday 15 July 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Friday 17 July 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

Here’s a full list the changes with product codes in brackets:

 

New Business

 

Core Range

Residential

Rate Changes

 

2 year fixed rate purchase

[FO23812] 60% LTV, decreasing by 4bps from 1.21% to 1.17%, product fee £995, cashback £250

[FO23813] 75% LTV, decreasing by 1bps from 1.25% to 1.24%, product fee £995, cashback £250

 

2 year fixed rate - Shared equity purchase

 

[FO23826] 60% LTV, decreasing by 10bps from 1.47% to 1.37%, product fee £995, cashback £250

[FO23827] 75% LTV, decreasing by 8bps from 1.59% to 1.51%, product fee £995, cashback £250

 

2 year fixed rate - Help to Buy shared equity purchase

[FO23831] 60% LTV, decreasing by 10bps from 1.47% to 1.37%, product fee £995, cashback £250

[FO23832] 75% LTV, decreasing by 8bps from 1.59% to 1.51%, product fee £995, cashback £250

 

5 year fixed rate purchase

[FO23814] 60% LTV, decreasing by 8bps from 1.49% to 1.41%, product fee £995, cashback £250

[FO23815] 70% LTV, decreasing by 5bps from 1.65% to 1.60%, product fee £995, cashback £250

[FO23816] 75% LTV, decreasing by 5bps from 1.65% to 1.60%, product fee £995, cashback £250

[FO23817] 80% LTV, decreasing by 2bps from 1.79% to 1.77%, product fee £995, cashback £250

 

5 year fixed rate – shared equity purchase

[FO23828] 60% LTV, decreasing by 24bps from 1.85% to 1.61%, product fee £995, cashback £250

[FO23829] 70% LTV, decreasing by 3bps from 1.85% to 1.82%, product fee £995, cashback £250

[FO23830] 75% LTV, decreasing by 3bps from 1.86% to 1.83%, product fee £995, cashback £250

 

5 year fixed rate - Help to Buy shared equity purchase

[FO23833] 60% LTV, decreasing by 24bps from 1.85% to 1.61%, product fee £995, cashback £250

[FO23834] 70% LTV, decreasing by 3bps from 1.85% to 1.82%, product fee £995, cashback £250

[FO23835] 75% LTV, decreasing by 3bps from 1.86% to 1.83%, product fee £995, cashback £250

 

2 year fixed rate - Help to Buy Shared Equity remortgage

[FO23836] 60% LTV, decreasing by 25bps from 2.16% to 1.91%, product fee £995, cashback £500

[FO23837] 70% LTV, decreasing by 25bps from 2.17% to 1.92%, product fee £995, cashback £500

[FO23838] 75% LTV, decreasing by 25bps from 2.33% to 2.08%, product fee £995, cashback £500

 

5 year fixed rate remortgage - high value

[FO23855] 60% LTV, decreasing by 1bps from 1.42% to 1.41%, product fee £995

 

5 year fixed rate - Help to Buy shared equity remortgage

[FO23839] 60% LTV, decreasing by 25bps from 2.29% to 2.04%, product fee £995, cashback £500

[FO23840] 70% LTV, decreasing by 25bps from 2.33% to 2.08%, product fee £995, cashback £500

[FO23841] 75% LTV, decreasing by 25bps from 2.40% to 2.15%, product fee £995, cashback £500

 

Rate Changes and Cashback Changes

 

2 year fixed rate remortgage

[FO23818] 60% LTV, decreasing by 11bps from 1.28% to 1.17%, product fee £995, cashback decreasing from £250 to £0

[FO23819] 70% LTV, decreasing by 10bps from 1.35% to 1.25%, product fee £995, cashback decreasing from £250 to £0

[FO23820] 75% LTV, decreasing by 10bps from 1.35% to 1.25%, product fee £995, cashback decreasing from £250 to £0

[FO23821] 80% LTV, decreasing by 6bps from 1.51% to 1.45%, product fee £995, cashback decreasing from £250 to £0

 

2 year fixed rate remortgage - high value

[FO23854] 70% LTV, decreasing by 10bps from 1.34% to 1.24%, product fee £995, cashback decreasing from £250 to £0

 

5 year fixed rate remortgage

[FO23822] 60% LTV, decreasing by 4bps from 1.46% to 1.42%, product fee £995, cashback decreasing from £250 to £0

[FO23823] 70% LTV, decreasing by 7bps from 1.57% to 1.50%, product fee £995, cashback decreasing from £250 to £0

[FO23824] 75% LTV, decreasing by 7bps from 1.57% to 1.50%, product fee £995, cashback decreasing from £250 to £0

[FO23825] 80% LTV, decreasing by 4bps from 1.79% to 1.75%, product fee £995, cashback decreasing from £250 to £0

 

Exclusive

Residential

Rate Changes

2 year fixed rate purchase

[FO23842] 60% LTV, decreasing by 4bps from 1.19% to 1.15%, product fee £995

[FO23843] 75% LTV, decreasing by 1bps from 1.26% to 1.25%, product fee £995

 

5 year fixed rate purchase

[FO23844] 60% LTV, decreasing by 8bps from 1.48% to 1.40%, product fee £995

[FO23845] 70% LTV, decreasing by 5bps from 1.59% to 1.54%, product fee £995

[FO23846] 75% LTV, decreasing by 5bps from 1.59% to 1.54%, product fee £995

[FO23847] 80% LTV, decreasing by 2bps from 1.77% to 1.75%, product fee £995

 

2 year fixed rate – Help to Buy shared equity remortgage

[FO23848] 60% LTV, decreasing by 25bps from 1.85% to 1.60%, product fee £995, cashback £500

[FO23849] 70% LTV, decreasing by 25bps from 1.88% to 1.63%, product fee £995, cashback £500

[FO23850] 75% LTV, decreasing by 25bps from 1.96% to 1.71%, product fee £995, cashback £500

 

5 year fixed rate - Help to Buy shared equity remortgage

[FO23851] 60% LTV, decreasing by 25bps from 2.13% to 1.88%, product fee £995, cashback £500

[FO23852] 70% LTV, decreasing by 25bps from 2.24% to 1.99%, product fee £995, cashback £500

[FO23853] 75% LTV, decreasing by 25bps from 2.26% to 2.01%, product fee £995, cashback £500

 

Withdrawn

 

2 year fixed rate remortgage

[FO22212] 80% LTV, 1.45%, product fee £995

 

5 year fixed rate remortgage

[FO23724] 70% LTV, 1.50%, product fee £995

[FO23734] 75% LTV, 1.50%, product fee £995

[FO22181] 80% LTV, 1.77%, product fee £995

 

 

Existing Customer

 

Product Switchers - Additional borrowing: In line with new business we will be limiting applications for additional borrowing as part of a product switch to 80% LTV, i.e. the combined product switch and additional borrowing must not be greater than 80% LTV.

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 29 June, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Tuesday 30 June 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Thursday 2 July 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

Here’s a full list the changes with product codes in brackets:

 

New Business

No Changes

 

 

Existing Customer

Core Range

Residential

Rate Changes

 

2 year fixed rate switcher

[FO23763] 60% LTV, decreasing by 15bps from 1.36% to 1.21%, product fee £995

[FO23764] 60% LTV, decreasing by 30bps from 1.82% to 1.52%, product fee £0

[FO23765] 70% LTV, decreasing by 15bps from 1.41% to 1.26%, product fee £995

[FO23766] 70% LTV, decreasing by 30bps from 2.72% to 2.42%, product fee £0

[FO23768] 75% LTV, decreasing by 30bps from 2.72% to 2.42%, product fee £0

[FO23767] 75% LTV, decreasing by 15bps from 1.41% to 1.26%, product fee £995

[FO23769] 80% LTV, decreasing by 15bps from 1.70% to 1.55%, product fee £995

[FO23770] 80% LTV, decreasing by 30bps from 2.89% to 2.59%, product fee £0

 

5 year fixed rate switcher

[FO23772] 60% LTV, decreasing by 30bps from 2.07% to 1.77%, product fee £0

[FO23771] 60% LTV, decreasing by 15bps from 1.53% to 1.38%, product fee £995

[FO23774] 70% LTV, decreasing by 30bps from 2.96% to 2.66%, product fee £0

[FO23773] 70% LTV, decreasing by 15bps from 1.67% to 1.52%, product fee £995

[FO23775] 75% LTV, decreasing by 15bps from 1.67% to 1.52%, product fee £995

[FO23776] 75% LTV, decreasing by 30bps from 2.98% to 2.68%, product fee £0

[FO23778] 80% LTV, decreasing by 30bps from 3.17% to 2.87%, product fee £0

[FO23777] 80% LTV, decreasing by 15bps from 2.11% to 1.96%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 15 June, 2020.

 

The supporting documentation for online applications on these products must be received in our Mortgage Centre in Birmingham by close of business on Monday 29 June, 2020

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Tuesday 16 June 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Thursday 18 June 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

 

Here’s a full list the changes with product codes in brackets:

 

New Business

 

Core Range

Residential

Rate Changes

 

2 year fixed rate remortgage - high value

[FO23717] 60% LTV, decreasing by 6bps from 1.21% to 1.15%, product fee £995

 

2 year fixed rate remortgage

[FO23710] 60% LTV, decreasing by 6bps from 1.34% to 1.28%, product fee £995, cashback £250

[FO23728] 75% LTV, decreasing by 2bps from 1.37% to 1.35%, product fee £995, cashback £250

 

5 year fixed rate remortgage - high value

[FO23719] 60% LTV, decreasing by 7bps from 1.49% to 1.42%, product fee £995

 

5 year fixed rate remortgage

[FO23711] 60% LTV, decreasing by 7bps from 1.53% to 1.46%, product fee £995, cashback £250

 

5 year fixed rate remortgage - high value

[FO23726] 70% LTV, decreasing by 9bps from 1.54% to 1.45%, product fee £995

 

5 year fixed rate remortgage

[FO23723] 70% LTV, decreasing by 9bps from 1.66% to 1.57%, product fee £995, cashback £250

 

5 year fixed rate remortgage - high value

[FO23736] 75% LTV, decreasing by 9bps from 1.54% to 1.45%, product fee £995

 

5 year fixed rate remortgage

[FO23730] 75% LTV, decreasing by 9bps from 1.66% to 1.57%, product fee £995, cashback £250

 

Exclusive

 

Residential

Rate Changes

 

2 year fixed rate remortgage

[FO23713] 60% LTV, decreasing by 4bps from 1.19% to 1.15%, product fee £995

[FO23732] 75% LTV, decreasing by 2bps from 1.26% to 1.24%, product fee £995

 

5 year fixed rate remortgage

[FO23715] 60% LTV, decreasing by 8bps from 1.48% to 1.40%, product fee £995

[FO23724] 70% LTV, decreasing by 9bps from 1.59% to 1.50%, product fee £995

[FO23734] 75% LTV, decreasing by 9bps from 1.59% to 1.50%, product fee £995

 

 

Existing Customer

 

Core Range

 

Residential

Rate Changes

 

2 year fixed rate switcher

[FO23737] 60% LTV, decreasing by 4bps from 1.40% to 1.36%, product fee £995

[FO23740] 75% LTV, decreasing by 2bps from 1.43% to 1.41%, product fee £995

 

5 year fixed rate switcher

[FO23742] 60% LTV, decreasing by 8bps from 1.61% to 1.53%, product fee £995

[FO23743] 70% LTV, decreasing by 9bps from 1.76% to 1.67%, product fee £995

[FO23744] 75% LTV, decreasing by 9bps from 1.76% to 1.67%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 4 June 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Friday 5 June 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Tuesday 9 June 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

Here’s a full list the changes with product codes in brackets:

 

Existing Customer

 

Core Range

 

Residential

Rate Changes

 

2 year fixed rate switcher

[FO23701] 80% LTV, increasing by 7bps from 2.82% to 2.89%, product fee £0

[FO23700] 80% LTV, increasing by 18bps from 1.52% to 1.70%, product fee £995

[FO23703] 85% LTV, increasing by 7bps from 2.91% to 2.98%, product fee £0

[FO23702] 85% LTV, increasing by 28bps from 1.68% to 1.96%, product fee £995

[FO23705] 90% LTV, increasing by 13bps from 2.95% to 3.08%, product fee £0

[FO23704] 90% LTV, increasing by 46bps from 1.80% to 2.26%, product fee £995

 

5 year fixed rate switcher

[FO23706] 80% LTV, increasing by 23bps from 1.88% to 2.11%, product fee £995

[FO23707] 80% LTV, increasing by 7bps from 3.10% to 3.17%, product fee £0

[FO23708] 85% LTV, increasing by 40bps from 2.07% to 2.47%, product fee £995

[FO23709] 90% LTV, increasing by 36bps from 2.35% to 2.71%, product fee £995

 

New Business

No ChangesEnd dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 28 May, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Friday 29 May 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Tuesday 2^nd June 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

End dates

 

2 Year Term End Dates Moving from 30 June 2022 to 30 September 2022

5 Year Term End Dates Moving from 30 June 2025 to 30 September 2025

 

New Business

No Changes

 

Existing Customer

No Changes

 

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Tuesday 5 May, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Wednesday 6 May 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 11 May 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

Here's a full list of the product detail, with product codes in brackets:

 

New Business

 

Core Range

 

Residential

Withdrawals

2 year fixed rate purchase

[FO21887] 85% LTV, 3.03%, product fee £0

[FO21798] 85% LTV, 1.63%, product fee £995, £250 cashback

[FO21696] 85% LTV, 2.65%, product fee £0, £250 cashback

[FO21700] 90% LTV, 2.91%, product fee £0, £250 cashback

[FO21888] 90% LTV, 3.07%, product fee £0

[FO21799] 90% LTV, 1.84%, product fee £995, £250 cashback

[FO21889] 95% LTV, 3.08%, product fee £0, £250 cashback

 

2 year fixed rate remortgage

[FO21693] 85% LTV, 2.98%, product fee £0

[FO21795] 85% LTV, 1.76%, product fee £995, £250 cashback

[FO21802] 90% LTV, 3.08%, product fee £0

[FO21796] 90% LTV, 2.02%, product fee £995, £250 cashback

 

5 year fixed rate purchase

[FO21898] 85% LTV, 3.50%, product fee £0

[FO21702] 85% LTV, 3.50%, product fee £0, £250 cashback

[FO21659] 85% LTV, 1.93%, product fee £995, £250 cashback

[FO21694] 90% LTV, 3.57%, product fee £0

[FO21660] 90% LTV, 2.23%, product fee £995, £250 cashback

[FO21703] 90% LTV, 3.57%, product fee £0, £250 cashback

[FO21790] 95% LTV, 3.58%, product fee £0, £250 cashback

 

5 year fixed rate remortgage

[FO21692] 85% LTV, 3.38%, product fee £0

[FO21663] 85% LTV, 1.99%, product fee £995, £250 cashback

[FO21691] 90% LTV, 3.74%, product fee £0

[FO21664] 90% LTV, 2.28%, product fee £995, £250 cashback

 

Exclusive

 

Residential

Withdrawals

2 year fixed rate purchase

[FO21713] 85% LTV, 1.64%, product fee £995, £250 cashback

[FO21847] 85% LTV, 2.07%, product fee £0, £250 cashback

[FO21690] 90% LTV, 2.28%, product fee £0, £250 cashback

[FO21825] 90% LTV, 1.80%, product fee £995

[FO21871] 95% LTV, 2.98%, product fee £0, £500 cashback

 

2 year fixed rate remortgage

[FO21726] 85% LTV, 1.65%, product fee £995, £250 cashback

[FO21858] 85% LTV, 2.06%, product fee £0, £250 cashback

[FO21785] 90% LTV, 2.12%, product fee £0

[FO21784] 90% LTV, 1.89%, product fee £995, £250 cashback

 

5 year fixed rate purchase

[FO21724] 85% LTV, 2.51%, product fee £0, £500 cashback

[FO21667] 85% LTV, 1.91%, product fee £995

[FO21833] 85% LTV, 2.51%, product fee £0, £750 cashback

[FO21668] 90% LTV, 2.23%, product fee £995

[FO21746] 90% LTV, 2.69%, product fee £0, £750 cashback

[FO21725] 90% LTV, 2.58%, product fee £0, £500 cashback

[FO21669] 95% LTV, 2.99%, product fee £0, £250 cashback

 

5 year fixed rate remortgage

[FO21743] 85% LTV, 2.39%, product fee £0, £500 cashback

[FO21672] 85% LTV, 1.92%, product fee £995

[FO21838] 90% LTV, 2.24%, product fee £995

[FO21744] 90% LTV, 2.75%, product fee £0, £500 cashback

 

 

Existing Customer

No Changes

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Tuesday 31 March, 2020.

 

The supporting documentation for online applications on these products must be received in our Mortgage Centre in Birmingham by close of business on Tuesday 14 April, 2020

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Wednesday 1 April 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Friday 3 April 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

The Standard Variable Rates (SVRs) for our residential and buy-to-let mortgages will be changing to reflect the recent decrease in the Bank of England’s Base Rate.

 

This means that the SVR for all new residential mortgage deals will be 3.59% and for all new buy-to-let mortgage deals it will be 4.09%. All existing NatWest mortgage customers on an SVR will have their rate decreased with effect from the 30^th March.

 

Customers currently on a fixed rate deal or awaiting completion will move onto the new SVR at the end of their current product term.  

 

Tracker Products

 

All customers who have applied for one of our Tracker products and are currently awaiting completion will have their interest rate decreased by 0.65%. We will write to all customers advising them of this change.

 

All existing mortgage customers on one of our Tracker products will have their rate decreased by 0.65%. The online Manage your Mortgage portal will display their new payment amount from Monday 30th March.

 

All product codes will remain unchanged. For a complete listing of all our mortgage products, please visit the product page on our website.

 

If you have any questions please do not hesitate to call me or use our dedicated instant messaging service LiveTALK

 

Here’s a full list the changes with product codes in brackets

 

New Business

 

Core Range

Residential

 

Withdrawals

 

2 year tracker rate purchase

[TO5049] 60% LTV, 2.20%, product fee £0

[TO5068] 60% LTV, 1.24%, product fee £995, £250 cashback

[TO5050] 70% LTV, 2.25%, product fee £0

[TO5069] 70% LTV, 1.32%, product fee £995, £250 cashback

[TO5051] 75% LTV, 2.25%, product fee £0

[TO5044] 75% LTV, 1.32%, product fee £995, £250 cashback

 

2 year tracker rate remortgage

[TO5064] 60% LTV, 2.49%, product fee £0

[TO5045] 60% LTV, 1.33%, product fee £995, £250 cashback

[TO5046] 70% LTV, 1.39%, product fee £995, £250 cashback

[TO5065] 70% LTV, 2.59%, product fee £0

[TO5047] 75% LTV, 1.44%, product fee £995, £250 cashback

[TO5066] 75% LTV, 2.59%, product fee £0

 

Buy To Let

 

Withdrawals

2 year tracker rate purchase

[TO5052] 60% LTV, 1.64%, product fee £995

[TO5053] 60% LTV, 2.14%, product fee £0

[TO5054] 70% LTV, 1.87%, product fee £995

[TO5055] 70% LTV, 2.46%, product fee £0

[TO5056] 75% LTV, 2.02%, product fee £995

[TO5057] 75% LTV, 2.57%, product fee £0

 

2 year tracker rate remortgage

[TO5061] 60% LTV, 1.62%, product fee £995

[TO5062] 60% LTV, 2.67%, product fee £0

[TO5060] 70% LTV, 2.92%, product fee £0

[TO5063] 70% LTV, 2.03%, product fee £995

[TO5058] 75% LTV, 2.41%, product fee £995

[TO5059] 75% LTV, 2.97%, product fee £0

 

Exclusive

 

Residential

 

Withdrawals

2 year tracker rate purchase

[TO5070] 60% LTV, 1.42%, product fee £995, £350 cashback

[TO5048] 60% LTV, 1.96%, product fee £0, £250 cashback

[TO5090] 70% LTV, 1.96%, product fee £0, £250 cashback

[TO5089] 70% LTV, 1.45%, product fee £995, £350 cashback

[TO5091] 75% LTV, 1.47%, product fee £995, £350 cashback

 

2 year tracker rate remortgage

[TO5080] 60% LTV, 2.24%, product fee £0

[TO5082] 70% LTV, 2.29%, product fee £0

[TO5081] 75% LTV, 2.29%, product fee £0

 

Buy To Let

 

Withdrawals

2 year tracker rate purchase

[TO5071] 60% LTV, 1.69%, product fee £995, £250 cashback

[TO5072] 60% LTV, 1.99%, product fee £0

[TO5073] 70% LTV, 1.95%, product fee £995, £250 cashback

[TO5074] 70% LTV, 2.49%, product fee £0, £250 cashback

[TO5079] 75% LTV, 2.49%, product fee £0, £250 cashback

[TO5078] 75% LTV, 1.97%, product fee £995, £250 cashback

 

2 year tracker rate remortgage

[TO5084] 60% LTV, 2.23%, product fee £0, £250 cashback

[TO5083] 60% LTV, 1.68%, product fee £995, £250 cashback

[TO5086] 70% LTV, 2.38%, product fee £0, £250 cashback

[TO5085] 70% LTV, 1.92%, product fee £995, £250 cashback

[TO5087] 75% LTV, 1.95%, product fee £995, £250 cashback

[TO5088] 75% LTV, 2.38%, product fee £0, £250 cashback

 

 

Existing Customer

 

Core Range

 

Residential

 

Withdrawals

2 year tracker rate switcher

[TO5075] 60% LTV, 2.79%, product fee £0

[TO5067] 60% LTV, 1.99%, product fee £995

[TO5077] 70% LTV, 2.84%, product fee £0

[TO5076] 70% LTV, 2.19%, product fee £995

[TO5093] 75% LTV, 2.88%, product fee £0

[TO5092] 75% LTV, 2.22%, product fee £995

 

Buy To Let

 

Withdrawals

2 year tracker rate switcher

[TO5095] 60% LTV, 3.43%, product fee £0

[TO5094] 60% LTV, 2.38%, product fee £1,995

[TO5097] 70% LTV, 3.93%, product fee £0

[TO5096] 70% LTV, 2.90%, product fee £1,995

[TO5099] 75% LTV, 3.99%, product fee £0

[TO5098] 75% LTV, 2.94%, product fee £1,995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 25 March, 2020.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Thursday 26 March 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 30 March 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

Here’s a full list the changes with product codes in brackets:

 

New Business

 

Core Range

 

Residential

 

Rate Changes

 

5 year fixed rate purchase

[FO21657] 60% LTV, decreasing by 6bps from 1.55% to 1.49%, product fee £995, £250 cashback

[FO21658] 80% LTV, decreasing by 6bps from 1.85% to 1.79%, product fee £995, £250 cashback

[FO21659] 85% LTV, decreasing by 5bps from 1.98% to 1.93%, product fee £995, £250 cashback

[FO21660] 90% LTV, decreasing by 4bps from 2.27% to 2.23%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO21661] 60% LTV, decreasing by 6bps from 1.59% to 1.53%, product fee £995, £250 cashback

[FO21662] 80% LTV, decreasing by 10bps from 1.89% to 1.79%, product fee £995, £250 cashback

[FO21663] 85% LTV, decreasing by 7bps from 2.06% to 1.99%, product fee £995, £250 cashback

[FO21664] 90% LTV, decreasing by 3bps from 2.31% to 2.28%, product fee £995, £250 cashback

 

Exclusive

 

Residential

 

Rate Changes

 

5 year fixed rate purchase

[FO21665] 60% LTV, decreasing by 6bps from 1.54% to 1.48%, product fee £995

[FO21666] 80% LTV, decreasing by 2bps from 1.79% to 1.77%, product fee £995

[FO21667] 85% LTV, decreasing by 6bps from 1.97% to 1.91%, product fee £995

[FO21668] 90% LTV, decreasing by 1bps from 2.24% to 2.23%, product fee £995

[FO21669] 95% LTV, decreasing by 19bps from 3.18% to 2.99%, product fee £0, £250 cashback

 

5 year fixed rate remortgage

[FO21670] 60% LTV, decreasing by 6bps from 1.54% to 1.48%, product fee £995

[FO21671] 80% LTV, decreasing by 2bps from 1.79% to 1.77%, product fee £995

[FO21672] 85% LTV, decreasing by 6bps from 1.98% to 1.92%, product fee £995

 

 

Existing Customer

 

Core Range

 

Residential

 

Rate Changes

 

5 year fixed rate switcher

[FO21673] 60% LTV, decreasing by 6bps from 1.67% to 1.61%, product fee £995

[FO21674] 80% LTV, decreasing by 2bps from 1.90% to 1.88%, product fee £995

[FO21675] 85% LTV, decreasing by 6bps from 2.13% to 2.07%, product fee £995

 

End dates

 

2 Year Term End Dates Moving from 31 March 2022 to 30 June 2022

5 Year Term End Dates Moving from 31 March 2025 to 30 June 2025

 

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 30 January, 2020.

 

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Friday 31 January 2020. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Thursday 13^th February 2020 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

 

All staff at NatWest Intermediary Solutions will be attending a  Business Conference on Thursday 6^th February. This means that some services will be unavailable for a limited period:

 

• LiveTALK will be unavailable from 12.00pm on Wednesday 5th February until 8:30 on Monday 10 February when normal service will resume.
• Your BDM will send you a personal message confirming when they will be out of the office .
• If you have a new business enquiry we will be pleased to discuss this with you on our return to the office, either via LiveTalk or your BDM. You can also refer to our A-Z of lending criteria found on this home page.
• If your query is relating to an existing case please use our online application tracker available via our website or contact 03459 001110

 

We apologise for this brief inconvenience but the conference is important for our business to ensure that we continue to deliver a great broker experience in 2020

 

We would like to make you aware that we will be changing our LiveTALK team’s opening hours over the Christmas and New Year period.

 

The opening hours will be as follows:

 

Monday 16th to Friday 20th Dec – 9am to 5pm (Wednesday 18^th - 10am to 5pm)

 

Monday 23rd – 9am to 3pm

Tuesday 24th – 9am to 1pm

Wednesday 25 – Closed

Thursday 26th - Closed

Friday 27th - 9am to 3pm

 

Monday 30th – 9am to 3pm

Tuesday 31st – 9am to 3pm

 

Thursday 2nd January – Normal opening hours

 

After the great the success of last year’s event, we would like to bring to your awareness that we are once again hosting our annual awards for brokers: The NatWest Local Hero Mortgage Awards, on the 11^th March 2020.

 

The awards dinner will be held at the Birmingham Town Hall. Our aim with these awards is to recognise firms that have gone above and beyond and put the customer at the heart of everything they do.  We have broken this down to 12 regions in the UK.

 

If you would like to nominate yourself for the award of best firm in your region, please find enter using the below link:

 

East of England

https://www.surveymonkey.co.uk/r/XTZZHLW

 

Greater London

https://www.surveymonkey.co.uk/r/XMSKQ9K

 

South East England

https://www.surveymonkey.co.uk/r/XMBVC9Q

 

North East

https://www.surveymonkey.co.uk/r/XXL62GK

 

Yorkshire and East Midlands

https://www.surveymonkey.co.uk/r/XX2N257

 

Scotland

https://www.surveymonkey.co.uk/r/XXMBQX9

 

South West

https://www.surveymonkey.co.uk/r/XXBJZMZ

 

South Central

https://www.surveymonkey.co.uk/r/XXZD2LJ

 

Wales

https://www.surveymonkey.co.uk/r/XNLH5FG

 

North West

https://www.surveymonkey.co.uk/r/XNY73PJ

 

West Midlands

https://www.surveymonkey.co.uk/r/XNXL8K3

 

Central

https://www.surveymonkey.co.uk/r/XNHGPXD

 

We require all responses back to us by 13th January 2020.

 

Once we have received all entries, we will then shortlist the final 3 for each region, at which point we will notify all those shortlisted for an award and invite you to attend the awards event with us. On the evening we will announce all the winners.

 

Along with the trophy presentation on the night, each winner will receive support to help grow their business; this might include:

-A winner logo for use on all literature

-A press release written by Mortgage Solutions for use in the consumer domain with local radio and press.

-Video content or social media engagement for distribution locally

 

Each runner up will also receive a version of this support.

 

If you have any questions please do not hesitate to contact your BDM.

 

NatWest Intermediary Solutions were delighted to once again pick up the 5 Star Award at the Finacial Adviser Service Awards 2019.

 

This is our fourth successive 5 Star Award and we greatly appreciative, as these awards are voted for by intermediaries and are regarded as the blue riband measure for the financial services industry.

 

Tomorrow, NatWest will be introducing rate changes on selected core and semi-exclusive residential products.

Here’s a full list the changes with product codes in brackets:

 

New Business

Semi Exclusive

Residential

 

New Products

2 year fixed rate purchase

[FO21208] 95% LTV, 2.98%, product fee £0, £500 cashback

 

Rate Changes

2 year fixed rate purchase

[FO21206] 90% LTV, decreasing by 19bps from 1.99% to 1.80%, product fee £995

[FO21207] 90% LTV, decreasing by 70bps from 2.98% to 2.28%, product fee £0, £250 cashback

 

2 year fixed rate remortgage

[FO21213] 90% LTV, decreasing by 47bps from 2.59% to 2.12%, product fee £0

[FO21212] 90% LTV, decreasing by 10bps from 1.99% to 1.89%, product fee £995, £250 cashback

 

5 year fixed rate purchase

[FO21210] 90% LTV, decreasing by 5bps from 2.29% to 2.24%, product fee £995

[FO21211] 95% LTV, decreasing by 15bps from 3.33% to 3.18%, product fee £0, £250 cashback

 

5 year fixed rate remortgage

[FO21214] 90% LTV, decreasing by 5bps from 2.29% to 2.24%, product fee £995

 

Withdrawals

2 year fixed rate purchase

[FO20879] 95% LTV, 3.04%, product fee £0, £250 cashback

 

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO21215] 60% LTV, decreasing by 2bps from 1.62% to 1.60%, product fee £995, £250 cashback

[FO21217] 70% LTV, decreasing by 15bps from 2.49% to 2.34%, product fee £0, £250 cashback

[FO21216] 70% LTV, decreasing by 10bps from 1.84% to 1.74%, product fee £995, £250 cashback

[FO21219] 75% LTV, decreasing by 15bps from 2.49% to 2.34%, product fee £0, £250 cashback

[FO21218] 75% LTV, decreasing by 13bps from 1.87% to 1.74%, product fee £995, £250 cashback

 

5 year fixed rate purchase

[FO21221] 60% LTV, decreasing by 13bps from 2.25% to 2.12%, product fee £0, £250 cashback

[FO21220] 60% LTV, decreasing by 6bps from 1.98% to 1.92%, product fee £995, £250 cashback

[FO21222] 70% LTV, decreasing by 14bps from 2.35% to 2.21%, product fee £995

[FO21223] 70% LTV, decreasing by 15bps from 2.62% to 2.47%, product fee £0, £250 cashback

[FO21224] 75% LTV, decreasing by 15bps from 2.41% to 2.26%, product fee £995, £250 cashback

[FO21225] 75% LTV, decreasing by 12bps from 2.69% to 2.57%, product fee £0, £250 cashback

 

5 year fixed rate remortgage

[FO21226] 60% LTV, decreasing by 6bps from 2.04% to 1.98%, product fee £995, £250 cashback

[FO21227] 60% LTV, decreasing by 5bps from 2.19% to 2.14%, product fee £0, £250 cashback

[FO21229] 70% LTV, decreasing by 11bps from 2.67% to 2.56%, product fee £0, £250 cashback

[FO21228] 70% LTV, decreasing by 11bps from 2.38% to 2.27%, product fee £995, £250 cashback

[FO21231] 75% LTV, decreasing by 11bps from 2.67% to 2.56%, product fee £0, £250 cashback

[FO21230] 75% LTV, decreasing by 11bps from 2.38% to 2.27%, product fee £995, £250 cashback

 

Core Range

Residential

New Products

2 year fixed rate remortgage - high value

[FO21233] 60% LTV, 1.21%, product fee £995

 

5 year fixed rate remortgage - high value

[FO21236] 60% LTV, 1.49%, product fee £995

[FO21237] 70% LTV, 1.54%, product fee £995

[FO21241] 75% LTV, 1.54%, product fee £995

 

Rate Changes

2 year fixed rate purchase

[FO21186] 90% LTV, decreasing by 12bps from 1.96% to 1.84%, product fee £995, £250 cashback

 

5 year fixed rate purchase

[FO21187] 90% LTV, decreasing by 5bps from 2.32% to 2.27%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO21188] 90% LTV, decreasing by 7bps from 2.38% to 2.31%, product fee £995, £250 cashback

 

Withdrawals

2 year fixed rate remortgage - high value

[FO21161] 60% LTV, 1.33%, product fee £995, £250 cashback

 

5 year fixed rate remortgage - high value

[FO21163] 60% LTV, 1.58%, product fee £995, £250 cashback

[FO21164] 70% LTV, 1.65%, product fee £995, £250 cashback

[FO21165] 75% LTV, 1.65%, product fee £995, £250 cashback

 

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO21189] 60% LTV, decreasing by 18bps from 1.53% to 1.35%, product fee £995

 

2 year fixed rate remortgage

[FO21195] 75% LTV, decreasing by 53bps from 2.51% to 1.98%, product fee £995

 

5 year fixed rate purchase

[FO21190] 60% LTV, decreasing by 3bps from 2.08% to 2.05%, product fee £995

[FO21191] 70% LTV, decreasing by 20bps from 2.38% to 2.18%, product fee £995

[FO21192] 75% LTV, decreasing by 23bps from 2.41% to 2.18%, product fee £995

 

5 year fixed rate remortgage

[FO21197] 70% LTV, decreasing by 10bps from 2.41% to 2.31%, product fee £995

[FO21199] 75% LTV, decreasing by 26bps from 2.58% to 2.32%, product fee £995

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO21246] 90% LTV, decreasing by 13bps from 3.08% to 2.95%, product fee £0

[FO21245] 90% LTV, decreasing by 10bps from 1.90% to 1.80%, product fee £995

 

5 year fixed rate switcher

[FO21247] 90% LTV, decreasing by 5bps from 2.40% to 2.35%, product fee £995

 

Buy To Let

Rate Changes

5 year fixed rate switcher

[FO21249] 60% LTV, decreasing by 5bps from 3.44% to 3.39%, product fee £0

[FO21248] 60% LTV, decreasing by 6bps from 2.34% to 2.28%, product fee £995

[FO21251] 70% LTV, decreasing by 11bps from 3.88% to 3.77%, product fee £0

[FO21250] 70% LTV, decreasing by 11bps from 2.73% to 2.62%, product fee £995

[FO21253] 75% LTV, decreasing by 11bps from 3.97% to 3.86%, product fee £0

[FO21252] 75% LTV, decreasing by 11bps from 2.78% to 2.67%, product fee £995

 

End dates

 

2 Year Term End Dates Moving from 31 January 2022 to 31 March 2022

5 Year Term End Dates Moving from 31 January 2025 to 31 March 2025

 

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 18 November, 2019.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Tuesday 19 November 2019. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Thursday 21 November 2019 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

We are currently experiencing issues with the internet which is affecting our LiveTALK service.This issue appears to be affecting Google Chrome issues mainly. We are working to fix this issue as soon as possible but until the issue is resolved please be mindful that we are seeing an impact on our LiveTALK teams ability to answer and pick up new queries.

 

Tomorrow, NatWest will be introducing rate changes on selected core and semi-exclusive residential products.

 

NatWest are delighted to be able to announce rate reductions of up to 16bps across our fixed rate product portfolios for both new and existing customers.

 

Here’s a summary of the changes:

New Business

A.            Intermediary Exclusives

•             Purchase: Rate reductions of up to 16bps on selected 2 year deals and up to 12bps on selected 5 year deals

•             Remortgage: Rate reductions of up to 16bps on selected 2 year deals and up to 12bps on selected 5 year deals

·                Remortgage Tracker: Rate increase of 5bps on 75% LTV deal

 

B.            Core Range

•             Purchase: Rate reductions of up to 16bps on selected 2 year deals and up to 12bps on selected 5 year deals

•             Remortgage: Rate reductions of up to 16bps on selected 2 year deals and up to 12bps on selected 5 year deals

 

Existing Customers

C.            Core Range

•             Switcher: Rate reductions of up to 16bps on 2 year fixed and up to 12bps on 5 year fixed across 60, 70, 75 & 80% LTV deals

 

Here’s a full list the changes with product codes in brackets:

New Business

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO21129] 60% LTV, decreasing by 7bps from 1.28% to 1.21%, product fee £995, £250 cashback

[FO21130] 70% LTV, decreasing by 16bps from 1.39% to 1.23%, product fee £995, £250 cashback

[FO21131] 75% LTV, decreasing by 14bps from 1.39% to 1.25%, product fee £995, £250 cashback

[FO21132] 80% LTV, decreasing by 12bps from 1.53% to 1.41%, product fee £995, £250 cashback

 

2 year fixed rate remortgage

[FO21137] 60% LTV, decreasing by 8bps from 1.42% to 1.34%, product fee £995, £250 cashback

[FO21138] 70% LTV, decreasing by 16bps from 1.51% to 1.35%, product fee £995, £250 cashback

[FO21139] 75% LTV, decreasing by 14bps from 1.51% to 1.37%, product fee £995, £250 cashback

[FO21140] 80% LTV, decreasing by 16bps from 1.67% to 1.51%, product fee £995, £250 cashback

 

 

2 year fixed rate remortgage - high value

[FO21161] 60% LTV, decreasing by 8bps from 1.41% to 1.33%, product fee £995, £250 cashback

[FO21162] 70% LTV, decreasing by 16bps from 1.50% to 1.34%, product fee £995, £250 cashback

 

2 year tracker rate remortgage

[TO4939] 75% LTV, increasing by 5bps from 1.39% to 1.44%, product fee £995, £250 cashback

 

5 year fixed rate purchase

[FO21133] 60% LTV, decreasing by 3bps from 1.58% to 1.55%, product fee £995, £250 cashback

[FO21134] 70% LTV, decreasing by 2bps from 1.67% to 1.65%, product fee £995, £250 cashback

[FO21135] 75% LTV, decreasing by 2bps from 1.67% to 1.65%, product fee £995, £250 cashback

[FO21136] 80% LTV, decreasing by 12bps from 1.97% to 1.85%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO21141] 60% LTV, decreasing by 1bps from 1.60% to 1.59%, product fee £995, £250 cashback

[FO21142] 70% LTV, decreasing by 2bps from 1.68% to 1.66%, product fee £995, £250 cashback

[FO21143] 75% LTV, decreasing by 2bps from 1.68% to 1.66%, product fee £995, £250 cashback

[FO21144] 80% LTV, decreasing by 12bps from 2.01% to 1.89%, product fee £995, £250 cashback

 

5 year fixed rate remortgage - high value

[FO21163] 60% LTV, decreasing by 1bps from 1.59% to 1.58%, product fee £995, £250 cashback

[FO21164] 70% LTV, decreasing by 2bps from 1.67% to 1.65%, product fee £995, £250 cashback

[FO21165] 75% LTV, decreasing by 2bps from 1.67% to 1.65%, product fee £995, £250 cashback

 

Exclusive

Residential

Rate Changes

2 year fixed rate purchase

[FO21146] 70% LTV, decreasing by 16bps from 1.40% to 1.24%, product fee £995

[FO21147] 75% LTV, decreasing by 14bps from 1.40% to 1.26%, product fee £995

 

2 year fixed rate remortgage

[FO21154] 70% LTV, decreasing by 16bps from 1.40% to 1.24%, product fee £995

[FO21155] 75% LTV, decreasing by 14bps from 1.40% to 1.26%, product fee £995

 

5 year fixed rate purchase

[FO21149] 60% LTV, decreasing by 3bps from 1.57% to 1.54%, product fee £995

[FO21150] 70% LTV, decreasing by 2bps from 1.61% to 1.59%, product fee £995

[FO21151] 75% LTV, decreasing by 2bps from 1.61% to 1.59%, product fee £995

[FO21152] 80% LTV, decreasing by 12bps from 1.91% to 1.79%, product fee £995

 

5 year fixed rate remortgage

[FO21158] 70% LTV, decreasing by 2bps from 1.61% to 1.59%, product fee £995

[FO21159] 75% LTV, decreasing by 2bps from 1.61% to 1.59%, product fee £995

[FO21160] 80% LTV, decreasing by 12bps from 1.91% to 1.79%, product fee £995

 

New Products

2 year fixed rate purchase

[FO21145] 60% LTV, 1.19%, product fee £995

[FO21148] 80% LTV, 1.45%, product fee £995

 

2 year fixed rate remortgage

[FO21153] 60% LTV, 1.19%, product fee £995

[FO21156] 80% LTV, 1.45%, product fee £995

 

5 year fixed rate remortgage

[FO21157] 60% LTV, 1.54%, product fee £995

 

Withdrawals

2 year fixed rate purchase

[FO20916] 60% LTV, 1.30%, product fee £995, £250 cashback

[FO20860] 80% LTV, 1.61%, product fee £995, £250 cashback

 

2 year fixed rate remortgage

[FO20923] 60% LTV, 1.31%, product fee £995, £250 cashback

[FO20868] 80% LTV, 1.65%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO21083] 60% LTV, 1.57%, product fee £995, £250 cashback

 

 

Existing Customer

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO21166] 60% LTV, decreasing by 8bps from 1.48% to 1.40%, product fee £995

[FO21167] 70% LTV, decreasing by 16bps from 1.57% to 1.41%, product fee £995

[FO21168] 75% LTV, decreasing by 14bps from 1.57% to 1.43%, product fee £995

[FO21169] 80% LTV, decreasing by 16bps from 1.68% to 1.52%, product fee £995

 

5 year fixed rate switcher

[FO21170] 60% LTV, decreasing by 1bps from 1.68% to 1.67%, product fee £995

[FO21171] 70% LTV, decreasing by 2bps from 1.78% to 1.76%, product fee £995

[FO21172] 75% LTV, decreasing by 2bps from 1.78% to 1.76%, product fee £995

[FO21173] 80% LTV, decreasing by 12bps from 2.02% to 1.90%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 18 September, 2019.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Thursday 19 September 2019. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 23rd September 2019 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

We are updating our product range.  This change to our portfolio continues to demonstrate our desire to provide a full range of products to meet our customers’ needs.

Here’s a full list the changes with product codes in brackets:

 

New Business

Core Range

Residential

Rate Changes

 

5 year fixed rate purchase

[FO21074] 60% LTV, decreasing by 14bps from 1.72% to 1.58%, product fee £995, £250 cashback

[FO21075] 70% LTV, decreasing by 14bps from 1.81% to 1.67%, product fee £995, £250 cashback

[FO21076] 75% LTV, decreasing by 14bps from 1.81% to 1.67%, product fee £995, £250 cashback

 

5 year fixed rate remortgage - high value

[FO21086] 60% LTV, decreasing by 14bps from 1.73% to 1.59%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO21077] 60% LTV, decreasing by 14bps from 1.74% to 1.60%, product fee £995, £250 cashback

 

5 year fixed rate remortgage - high value

[FO21087] 70% LTV, decreasing by 14bps from 1.81% to 1.67%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO21078] 70% LTV, decreasing by 14bps from 1.82% to 1.68%, product fee £995, £250 cashback

 

5 year fixed rate remortgage - high value

[FO21088] 75% LTV, decreasing by 14bps from 1.81% to 1.67%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO21079] 75% LTV, decreasing by 14bps from 1.82% to 1.68%, product fee £995, £250 cashback

 

Exclusive

Residential

Rate Changes

 

5 year fixed rate purchase

[FO21080] 60% LTV, decreasing by 14bps from 1.71% to 1.57%, product fee £995

[FO21081] 70% LTV, decreasing by 14bps from 1.75% to 1.61%, product fee £995

[FO21082] 75% LTV, decreasing by 14bps from 1.75% to 1.61%, product fee £995

 

5 year fixed rate remortgage

[FO21083] 60% LTV, decreasing by 14bps from 1.71% to 1.57%, product fee £995, £250 cashback

[FO21084] 70% LTV, decreasing by 14bps from 1.75% to 1.61%, product fee £995

[FO21085] 75% LTV, decreasing by 14bps from 1.75% to 1.61%, product fee £995

 

 

Existing Customer

Core Range

Residential

Rate Changes

 

5 year fixed rate switcher

[FO21089] 60% LTV, decreasing by 14bps from 1.82% to 1.68%, product fee £995

[FO21090] 70% LTV, decreasing by 14bps from 1.92% to 1.78%, product fee £995

[FO21091] 75% LTV, decreasing by 14bps from 1.92% to 1.78%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 11 September, 2019.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Thursday 12 September 2019. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 16 September 2019 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

We are updating our product range.  This change to our portfolio continues to demonstrate our desire to provide a full range of products to meet our customers’ needs.

End dates

2 Year Term End Dates Moving from 31 October 2021 to 31 January 2022

5 Year Term End Dates Moving from 31 October 2024 to 31 January 2025

New Business

No Changes

Existing Customer

No Changes

Transitional arrangements

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 29 August, 2019.

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Friday 30 August 2019. Requests received after this time will not be considered.

Your email must include in bullet points:

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

Paper applications must be signed by all applicants and the original received at the following address by close of business on Wednesday 4 September 2019 for your rate to be honoured:

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

We have been conducting an extended opening hours trial during the last three months with our LiveTALK team.

 

We’d like to inform you, as a result of the pilot, we have revised the opening hours to match broker demand.  This change will take effect from Monday 5th August 2019.

 

The revised hours are:

 

Monday, Tuesday, Thursday – 8:30 to 18:30

Wednesday – 10:00 to 18:30

Friday – 8:30 to 18:00

 

Here’s a full list of the changes with product codes in brackets:

 

Exclusive

Residential

Rate Changes

2 year fixed rate purchase

[FO20454] 60% LTV, decreasing by 7bps from 1.37% to 1.30%, product fee £995, £250 cashback

[FO20455] 60% LTV, decreasing by 7bps from 1.91% to 1.84%, product fee £0, £350 cashback

[FO20456] 70% LTV, decreasing by 7bps from 1.47% to 1.40%, product fee £995

[FO20457] 70% LTV, decreasing by 7bps from 1.94% to 1.87%, product fee £0, £350 cashback

[FO20458] 75% LTV, decreasing by 7bps from 1.47% to 1.40%, product fee £995

[FO20459] 75% LTV, decreasing by 7bps from 2.06% to 1.99%, product fee £0, £250 cashback

[FO20460] 80% LTV, decreasing by 7bps from 1.68% to 1.61%, product fee £995, £250 cashback

[FO20461] 80% LTV, decreasing by 7bps from 2.14% to 2.07%, product fee £0, £250 cashback

[FO20462] 85% LTV, decreasing by 7bps from 1.71% to 1.64%, product fee £995, £250 cashback

[FO20463] 85% LTV, decreasing by 7bps from 2.14% to 2.07%, product fee £0, £250 cashback

 

2 year fixed rate remortgage

[FO20471] 60% LTV, decreasing by 7bps from 1.91% to 1.84%, product fee £0, £350 cashback

[FO20470] 60% LTV, decreasing by 7bps from 1.38% to 1.31%, product fee £995, £250 cashback

[FO20473] 70% LTV, decreasing by 7bps from 1.94% to 1.87%, product fee £0, £350 cashback

[FO20472] 70% LTV, decreasing by 7bps from 1.47% to 1.40%, product fee £995

[FO20474] 75% LTV, decreasing by 7bps from 1.47% to 1.40%, product fee £995

[FO20475] 75% LTV, decreasing by 7bps from 1.94% to 1.87%, product fee £0, £350 cashback

[FO20477] 80% LTV, decreasing by 7bps from 2.13% to 2.06%, product fee £0, £250 cashback

[FO20476] 80% LTV, decreasing by 7bps from 1.72% to 1.65%, product fee £995, £250 cashback

[FO20479] 85% LTV, decreasing by 7bps from 2.13% to 2.06%, product fee £0, £250 cashback

[FO20478] 85% LTV, decreasing by 7bps from 1.72% to 1.65%, product fee £995, £250 cashback

 

2 year tracker rate purchase

[TO4814] 60% LTV, decreasing by 10bps from 1.52% to 1.42%, product fee £995, £350 cashback

[TO4815] 60% LTV, decreasing by 10bps from 2.06% to 1.96%, product fee £0, £250 cashback

[TO4816] 70% LTV, decreasing by 10bps from 1.55% to 1.45%, product fee £995, £350 cashback

[TO4817] 70% LTV, decreasing by 10bps from 2.06% to 1.96%, product fee £0, £250 cashback

[TO4818] 75% LTV, decreasing by 10bps from 1.57% to 1.47%, product fee £995, £350 cashback

 

2 year tracker rate remortgage

[TO4819] 60% LTV, decreasing by 10bps from 2.34% to 2.24%, product fee £0

[TO4820] 70% LTV, decreasing by 10bps from 2.39% to 2.29%, product fee £0

[TO4821] 75% LTV, decreasing by 10bps from 2.39% to 2.29%, product fee £0

 

5 year fixed rate purchase

[FO20465] 60% LTV, decreasing by 7bps from 2.17% to 2.10%, product fee £0, £500 cashback

[FO20464] 60% LTV, decreasing by 7bps from 1.78% to 1.71%, product fee £995

[FO20466] 70% LTV, decreasing by 7bps from 1.82% to 1.75%, product fee £995

[FO20467] 75% LTV, decreasing by 7bps from 1.82% to 1.75%, product fee £995

[FO20468] 80% LTV, decreasing by 7bps from 1.98% to 1.91%, product fee £995

[FO20469] 85% LTV, decreasing by 7bps from 2.04% to 1.97%, product fee £995

 

5 year fixed rate remortgage

[FO20481] 60% LTV, decreasing by 7bps from 2.08% to 2.01%, product fee £0, £500 cashback

[FO20480] 60% LTV, decreasing by 7bps from 1.78% to 1.71%, product fee £995, £250 cashback

[FO20482] 70% LTV, decreasing by 7bps from 1.82% to 1.75%, product fee £995

[FO20483] 70% LTV, decreasing by 7bps from 2.17% to 2.10%, product fee £0, £500 cashback

[FO20485] 75% LTV, decreasing by 7bps from 2.18% to 2.11%, product fee £0, £500 cashback

[FO20484] 75% LTV, decreasing by 7bps from 1.82% to 1.75%, product fee £995

[FO20487] 80% LTV, decreasing by 7bps from 2.36% to 2.29%, product fee £0, £500 cashback

[FO20486] 80% LTV, decreasing by 7bps from 1.98% to 1.91%, product fee £995

[FO20488] 85% LTV, decreasing by 7bps from 2.05% to 1.98%, product fee £995

 

Withdrawals

2 year fixed rate remortgage

[FO19980] 80% LTV, 2.54%, product fee £0

 

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO20490] 60% LTV, decreasing by 10bps from 1.72% to 1.62%, product fee £995, £250 cashback

[FO20491] 60% LTV, decreasing by 10bps from 1.91% to 1.81%, product fee £0

[FO20493] 70% LTV, decreasing by 10bps from 2.59% to 2.49%, product fee £0, £250 cashback

[FO20492] 70% LTV, decreasing by 10bps from 1.94% to 1.84%, product fee £995, £250 cashback

[FO20494] 75% LTV, decreasing by 10bps from 1.97% to 1.87%, product fee £995, £250 cashback

[FO20495] 75% LTV, decreasing by 10bps from 2.59% to 2.49%, product fee £0, £250 cashback

 

2 year fixed rate remortgage

[FO20502] 60% LTV, decreasing by 15bps from 2.33% to 2.18%, product fee £0, £250 cashback

[FO20501] 60% LTV, decreasing by 10bps from 1.72% to 1.62%, product fee £995, £250 cashback

[FO20503] 70% LTV, decreasing by 10bps from 1.97% to 1.87%, product fee £995, £250 cashback

[FO20504] 70% LTV, decreasing by 10bps from 2.46% to 2.36%, product fee £0, £250 cashback

[FO20505] 75% LTV, decreasing by 10bps from 1.97% to 1.87%, product fee £995, £250 cashback

[FO20506] 75% LTV, decreasing by 10bps from 2.48% to 2.38%, product fee £0, £250 cashback

 

5 year fixed rate purchase

[FO20496] 60% LTV, decreasing by 10bps from 2.08% to 1.98%, product fee £995, £250 cashback

[FO20497] 60% LTV, decreasing by 10bps from 2.35% to 2.25%, product fee £0, £250 cashback

[FO20498] 70% LTV, decreasing by 10bps from 2.45% to 2.35%, product fee £995

[FO20499] 70% LTV, decreasing by 10bps from 2.72% to 2.62%, product fee £0, £250 cashback

[FO20500] 75% LTV, decreasing by 10bps from 2.51% to 2.41%, product fee £995, £250 cashback

[FO20489] 75% LTV, decreasing by 10bps from 2.79% to 2.69%, product fee £0, £250 cashback

 

5 year fixed rate remortgage

[FO20509] 60% LTV, decreasing by 10bps from 2.29% to 2.19%, product fee £0, £250 cashback

[FO20507] 60% LTV, decreasing by 10bps from 2.14% to 2.04%, product fee £995, £250 cashback

[FO20510] 70% LTV, decreasing by 10bps from 2.48% to 2.38%, product fee £995, £250 cashback

[FO20511] 70% LTV, decreasing by 10bps from 2.77% to 2.67%, product fee £0, £250 cashback

[FO20512] 75% LTV, decreasing by 10bps from 2.48% to 2.38%, product fee £995, £250 cashback

[FO20508] 75% LTV, decreasing by 10bps from 2.77% to 2.67%, product fee £0, £250 cashback

 

New Business

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO20410] 60% LTV, decreasing by 7bps from 1.35% to 1.28%, product fee £995, £250 cashback

[FO20430] 60% LTV, decreasing by 7bps from 1.54% to 1.47%, product fee £995, £250 cashback Shared Equity

[FO20449] 60% LTV, decreasing by 7bps from 1.54% to 1.47%, product fee £995, £250 cashback Shared Equity

[FO20411] 70% LTV, decreasing by 7bps from 1.46% to 1.39%, product fee £995, £250 cashback

[FO20450] 70% LTV, decreasing by 7bps from 1.58% to 1.51%, product fee £995, £250 cashback Shared Equity

[FO20431] 70% LTV, decreasing by 7bps from 1.58% to 1.51%, product fee £995, £250 cashback Shared Equity

[FO20412] 75% LTV, decreasing by 7bps from 1.46% to 1.39%, product fee £995, £250 cashback

[FO20413] 80% LTV, decreasing by 7bps from 1.60% to 1.53%, product fee £995, £250 cashback

[FO20414] 85% LTV, decreasing by 7bps from 1.70% to 1.63%, product fee £995, £250 cashback

 

2 year fixed rate remortgage - high value

[FO20513] 60% LTV, decreasing by 7bps from 1.48% to 1.41%, product fee £995, £250 cashback

 

2 year fixed rate remortgage

[FO20420] 60% LTV, decreasing by 7bps from 1.49% to 1.42%, product fee £995, £250 cashback

[FO20421] 70% LTV, decreasing by 7bps from 1.58% to 1.51%, product fee £995, £250 cashback

 

2 year fixed rate remortgage - high value

[FO20514] 70% LTV, decreasing by 7bps from 1.57% to 1.50%, product fee £995, £250 cashback

 

2 year fixed rate remortgage

[FO20422] 75% LTV, decreasing by 7bps from 1.58% to 1.51%, product fee £995, £250 cashback

[FO20423] 80% LTV, decreasing by 7bps from 1.74% to 1.67%, product fee £995, £250 cashback

[FO20424] 85% LTV, decreasing by 7bps from 1.83% to 1.76%, product fee £995, £250 cashback

 

2 year tracker rate purchase

[TO4803] 60% LTV, decreasing by 10bps from 2.30% to 2.20%, product fee £0

[TO4802] 60% LTV, decreasing by 10bps from 1.34% to 1.24%, product fee £995, £250 cashback

[TO4805] 70% LTV, decreasing by 10bps from 2.35% to 2.25%, product fee £0

[TO4804] 70% LTV, decreasing by 10bps from 1.42% to 1.32%, product fee £995, £250 cashback

[TO4806] 75% LTV, decreasing by 10bps from 1.42% to 1.32%, product fee £995, £250 cashback

[TO4807] 75% LTV, decreasing by 10bps from 2.35% to 2.25%, product fee £0

 

2 year tracker rate remortgage

[TO4810] 60% LTV, decreasing by 10bps from 2.59% to 2.49%, product fee £0

[TO4809] 60% LTV, decreasing by 10bps from 1.43% to 1.33%, product fee £995, £250 cashback

[TO4811] 70% LTV, decreasing by 10bps from 1.49% to 1.39%, product fee £995, £250 cashback

[TO4812] 70% LTV, decreasing by 10bps from 2.69% to 2.59%, product fee £0

[TO4813] 75% LTV, decreasing by 10bps from 1.49% to 1.39%, product fee £995, £250 cashback

[TO4808] 75% LTV, decreasing by 10bps from 2.69% to 2.59%, product fee £0

 

5 year fixed rate purchase

[FO20415] 60% LTV, decreasing by 7bps from 1.79% to 1.72%, product fee £995, £250 cashback

[FO20432] 60% LTV, decreasing by 7bps from 1.92% to 1.85%, product fee £995, £250 cashback Shared Equity

[FO20451] 60% LTV, decreasing by 7bps from 1.92% to 1.85%, product fee £995, £250 cashback Shared Equity

[FO20452] 70% LTV, decreasing by 7bps from 1.92% to 1.85%, product fee £995, £250 cashback Shared Equity

[FO20433] 70% LTV, decreasing by 7bps from 1.92% to 1.85%, product fee £995, £250 cashback Shared Equity

[FO20416] 70% LTV, decreasing by 7bps from 1.88% to 1.81%, product fee £995, £250 cashback

[FO20417] 75% LTV, decreasing by 7bps from 1.88% to 1.81%, product fee £995, £250 cashback

[FO20453] 75% LTV, decreasing by 7bps from 1.93% to 1.86%, product fee £995, £250 cashback Shared Equity

[FO20434] 75% LTV, decreasing by 7bps from 1.93% to 1.86%, product fee £995, £250 cashback Shared Equity

[FO20418] 80% LTV, decreasing by 7bps from 2.04% to 1.97%, product fee £995, £250 cashback

[FO20419] 85% LTV, decreasing by 7bps from 2.05% to 1.98%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO20425] 60% LTV, decreasing by 7bps from 1.81% to 1.74%, product fee £995, £250 cashback

[FO20518] 60% LTV, decreasing by 7bps from 2.36% to 2.29%, product fee £995, £500 cashback Shared Equity

 

5 year fixed rate remortgage - high value

[FO20515] 60% LTV, decreasing by 7bps from 1.80% to 1.73%, product fee £995, £250 cashback

[FO20516] 70% LTV, decreasing by 7bps from 1.88% to 1.81%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO20426] 70% LTV, decreasing by 7bps from 1.89% to 1.82%, product fee £995, £250 cashback

[FO20519] 70% LTV, decreasing by 7bps from 2.40% to 2.33%, product fee £995, £500 cashback Shared Equity

[FO20427] 75% LTV, decreasing by 7bps from 1.89% to 1.82%, product fee £995, £250 cashback

 

5 year fixed rate remortgage - high value

[FO20517] 75% LTV, decreasing by 7bps from 1.88% to 1.81%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO20428] 80% LTV, decreasing by 7bps from 2.08% to 2.01%, product fee £995, £250 cashback

[FO20429] 85% LTV, decreasing by 7bps from 2.13% to 2.06%, product fee £995, £250 cashback

 

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO20435] 60% LTV, decreasing by 10bps from 1.63% to 1.53%, product fee £995

[FO20436] 70% LTV, decreasing by 10bps from 1.97% to 1.87%, product fee £995

[FO20437] 75% LTV, decreasing by 10bps from 1.97% to 1.87%, product fee £995

 

2 year fixed rate remortgage

[FO20442] 60% LTV, decreasing by 10bps from 1.70% to 1.60%, product fee £995

[FO20443] 70% LTV, decreasing by 10bps from 1.95% to 1.85%, product fee £995

 

5 year fixed rate purchase

[FO20438] 60% LTV, decreasing by 10bps from 2.77% to 2.67%, product fee £0

[FO20440] 70% LTV, decreasing by 10bps from 2.98% to 2.88%, product fee £0

[FO20439] 70% LTV, decreasing by 10bps from 2.48% to 2.38%, product fee £995

[FO20441] 75% LTV, decreasing by 10bps from 2.51% to 2.41%, product fee £995

 

5 year fixed rate remortgage

[FO20445] 60% LTV, decreasing by 10bps from 3.04% to 2.94%, product fee £0

[FO20444] 60% LTV, decreasing by 10bps from 2.15% to 2.05%, product fee £995

[FO20447] 70% LTV, decreasing by 10bps from 3.48% to 3.38%, product fee £0

[FO20446] 70% LTV, decreasing by 10bps from 2.51% to 2.41%, product fee £995

[FO20448] 75% LTV, decreasing by 10bps from 3.57% to 3.47%, product fee £0

 

 

Existing Customer

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO20377] 60% LTV, decreasing by 7bps from 1.89% to 1.82%, product fee £0

[FO20376] 60% LTV, decreasing by 7bps from 1.55% to 1.48%, product fee £995

[FO20378] 70% LTV, decreasing by 7bps from 1.64% to 1.57%, product fee £995

[FO20379] 70% LTV, decreasing by 7bps from 2.79% to 2.72%, product fee £0

[FO20381] 75% LTV, decreasing by 7bps from 2.79% to 2.72%, product fee £0

[FO20380] 75% LTV, decreasing by 7bps from 1.64% to 1.57%, product fee £995

[FO20382] 80% LTV, decreasing by 7bps from 1.75% to 1.68%, product fee £995

[FO20383] 80% LTV, decreasing by 7bps from 2.89% to 2.82%, product fee £0

[FO20385] 85% LTV, decreasing by 7bps from 2.98% to 2.91%, product fee £0

[FO20384] 85% LTV, decreasing by 7bps from 1.75% to 1.68%, product fee £995

[FO20387] 100% LTV, decreasing by 10bps from 3.85% to 3.75%, product fee £0

[FO20386] 100% LTV, decreasing by 10bps from 3.60% to 3.50%, product fee £995

 

2 year tracker rate switcher

[TO4797] 60% LTV, decreasing by 10bps from 2.89% to 2.79%, product fee £0

[TO4796] 60% LTV, decreasing by 10bps from 2.09% to 1.99%, product fee £995

[TO4798] 70% LTV, decreasing by 10bps from 2.29% to 2.19%, product fee £995

[TO4799] 70% LTV, decreasing by 10bps from 2.94% to 2.84%, product fee £0

[TO4800] 75% LTV, decreasing by 10bps from 2.32% to 2.22%, product fee £995

[TO4801] 75% LTV, decreasing by 10bps from 2.98% to 2.88%, product fee £0

 

5 year fixed rate switcher

[FO20389] 60% LTV, decreasing by 7bps from 2.14% to 2.07%, product fee £0

[FO20388] 60% LTV, decreasing by 7bps from 1.89% to 1.82%, product fee £995

[FO20390] 70% LTV, decreasing by 7bps from 1.99% to 1.92%, product fee £995

[FO20391] 70% LTV, decreasing by 7bps from 3.03% to 2.96%, product fee £0

[FO20393] 75% LTV, decreasing by 7bps from 3.05% to 2.98%, product fee £0

[FO20392] 75% LTV, decreasing by 7bps from 1.99% to 1.92%, product fee £995

[FO20395] 80% LTV, decreasing by 7bps from 3.17% to 3.10%, product fee £0

[FO20394] 80% LTV, decreasing by 7bps from 2.09% to 2.02%, product fee £995

[FO20396] 85% LTV, decreasing by 7bps from 2.20% to 2.13%, product fee £995

 

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO20398] 60% LTV, decreasing by 15bps from 2.89% to 2.74%, product fee £0

[FO20397] 60% LTV, decreasing by 10bps from 1.98% to 1.88%, product fee £995

[FO20400] 70% LTV, decreasing by 10bps from 3.14% to 3.04%, product fee £0

[FO20399] 70% LTV, decreasing by 10bps from 2.04% to 1.94%, product fee £995

[FO20401] 75% LTV, decreasing by 10bps from 2.10% to 2.00%, product fee £995

[FO20402] 75% LTV, decreasing by 10bps from 3.19% to 3.09%, product fee £0

[FO20403] 90% LTV, decreasing by 10bps from 4.06% to 3.96%, product fee £0

 

5 year fixed rate switcher

[FO20405] 60% LTV, decreasing by 10bps from 3.54% to 3.44%, product fee £0

[FO20404] 60% LTV, decreasing by 10bps from 2.44% to 2.34%, product fee £995

[FO20406] 70% LTV, decreasing by 10bps from 2.83% to 2.73%, product fee £995

[FO20407] 70% LTV, decreasing by 10bps from 3.98% to 3.88%, product fee £0

[FO20408] 75% LTV, decreasing by 10bps from 2.88% to 2.78%, product fee £995

[FO20409] 75% LTV, decreasing by 10bps from 4.07% to 3.97%, product fee £0

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Tuesday 30 July, 2019.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Wednesday 31 July 2019. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Friday 2 August 2019 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

 

Please be aware the LiveTALK team will be unavailable today from 14:00 – 16:15 for training purposes.

We apologise for any inconvenience this may cause.

 

For any new business questions, please refer to our A-Z of lending criteria available on our website.

 

 

Tomorrow, NatWest will be introducing rate changes on selected core and semi-exclusive residential products and buy to let deals.

 

Here’s a summary of the changes:

A.      Intermediary Exclusives

·         Purchase: Rate reductions of 1-84bps on 2 & 5 year 60-85% LTV products with selected cash back changes. Launch a 2 year 75% no fee exclusive with cash back and a free valuation.  

·         Remortgage: Rate reductions of 1-55bps on 2 & 5 year 60-85% LTV products with selected cash back changes. Launch 2 year 60-75% LTV fee exclusives.  

·         BTL: Rate reduction of 3bps on 5 year 60% LTV remortgage product.

 

B.      Core Range

·         Purchase: Rate reductions of 3-5bps on 2 & 5 year 60-85% LTV fee based products.

·         Shared Equity Purchase: Rate reductions of 4-5bps on 5 year 60-75% LTV fee based products.

·         Remortgage: Rate reductions of 4-5bps on 2 & 5 year 60-85% LTV fee based products.

 

Here’s a full list the changes with product codes in brackets:

New Business

Semi-Exclusive

Residential

Rate Changes

2 year fixed rate purchase

[FO20327] 80% LTV, decreasing by 84bps from 2.98% to 2.14%, product fee £0, £250 cashback

[FO20328] 85% LTV, decreasing by 84bps from 2.98% to 2.14%, product fee £0, £250 cashback

 

5 year fixed rate purchase

[FO20329] 70% LTV, decreasing by 5bps from 1.87% to 1.82%, product fee £995

[FO20330] 75% LTV, decreasing by 5bps from 1.87% to 1.82%, product fee £995

[FO20331] 80% LTV, decreasing by 6bps from 2.04% to 1.98%, product fee £995

[FO20332] 85% LTV, decreasing by 1bps from 2.05% to 2.04%, product fee £995

 

5 year fixed rate remortgage

[FO20339] 60% LTV, decreasing by 5bps from 2.13% to 2.08%, product fee £0, £500 cashback

[FO20340] 70% LTV, decreasing by 5bps from 1.87% to 1.82%, product fee £995

[FO20341] 70% LTV, decreasing by 4bps from 2.21% to 2.17%, product fee £0, £500 cashback

[FO20342] 75% LTV, decreasing by 5bps from 1.87% to 1.82%, product fee £995

[FO20343] 75% LTV, decreasing by 3bps from 2.21% to 2.18%, product fee £0, £500 cashback

[FO20344] 80% LTV, decreasing by 5bps from 2.03% to 1.98%, product fee £995

[FO20345] 80% LTV, decreasing by 1bps from 2.37% to 2.36%, product fee £0, £500 cashback

 

New Products

2 year fixed rate purchase

[FO20320] 60% LTV, 1.91%, product fee £0, £350 cashback

[FO20319] 60% LTV, 1.37%, product fee £995, £250 cashback

[FO20321] 70% LTV, 1.47%, product fee £995

[FO20322] 70% LTV, 1.94%, product fee £0, £350 cashback

[FO20323] 75% LTV, 1.47%, product fee £995

[FO20324] 75% LTV, 2.06%, product fee £0, £250 cashback

 

2 year fixed rate remortgage

[FO20326] 60% LTV, 1.38%, product fee £995, £250 cashback

[FO20325] 60% LTV, 1.91%, product fee £0, £350 cashback

[FO20333] 70% LTV, 1.47%, product fee £995

[FO20375] 70% LTV, 1.94%, product fee £0, £350 cashback

[FO20336] 75% LTV, 1.94%, product fee £0, £350 cashback

[FO20335] 75% LTV, 1.47%, product fee £995

[FO20337] 80% LTV, 2.13%, product fee £0, £250 cashback

[FO20338] 85% LTV, 2.13%, product fee £0, £250 cashback

 

Withdrawals

2 year fixed rate purchase

[FO20228] 60% LTV, 1.58%, product fee £995, £350 cashback

[FO20229] 60% LTV, 1.97%, product fee £0, £250 cashback

[FO19950] 70% LTV, 1.65%, product fee £995, £350 cashback

[FO19891] 70% LTV, 2.16%, product fee £0, £250 cashback

[FO20230] 75% LTV, 1.65%, product fee £995, £350 cashback

 

2 year fixed rate remortgage

[FO19975] 60% LTV, 2.44%, product fee £0

[FO19979] 70% LTV, decreasing by 55bps from 2.49% to 1.94%, product fee £0

[FO19982] 75% LTV, 2.49%, product fee £0

[FO19981] 85% LTV, 2.54%, product fee £0

 

Buy To Let

Rate Changes

5 year fixed rate remortgage

[FO20346] 60% LTV, decreasing by 3bps from 2.17% to 2.14%, product fee £995, £250 cashback

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO20303] 60% LTV, decreasing by 3bps from 1.38% to 1.35%, product fee £995, £250 cashback

[FO20304] 70% LTV, decreasing by 4bps from 1.50% to 1.46%, product fee £995, £250 cashback

[FO20305] 75% LTV, decreasing by 4bps from 1.50% to 1.46%, product fee £995, £250 cashback

 

2 year fixed rate remortgage - high value

[FO20347] 60% LTV, decreasing by 4bps from 1.52% to 1.48%, product fee £995, £250 cashback

 

2 year fixed rate remortgage

[FO20308] 60% LTV, decreasing by 4bps from 1.53% to 1.49%, product fee £995, £250 cashback

 

5 year fixed rate purchase

[FO20306] 60% LTV, decreasing by 5bps from 1.84% to 1.79%, product fee £995, £250 cashback

[FO20316] 60% LTV, decreasing by 5bps from 1.97% to 1.92%, product fee £995, £250 cashback Shared Equity

[FO20313] 60% LTV, decreasing by 5bps from 1.97% to 1.92%, product fee £995, £250 cashback Shared Equity

[FO20314] 70% LTV, decreasing by 5bps from 1.97% to 1.92%, product fee £995, £250 cashback Shared Equity

[FO20317] 70% LTV, decreasing by 5bps from 1.97% to 1.92%, product fee £995, £250 cashback Shared Equity

[FO20318] 75% LTV, decreasing by 4bps from 1.97% to 1.93%, product fee £995, £250 cashback Shared Equity

[FO20307] 75% LTV, decreasing by 4bps from 1.92% to 1.88%, product fee £995, £250 cashback

[FO20315] 75% LTV, decreasing by 4bps from 1.97% to 1.93%, product fee £995, £250 cashback Shared Equity

 

5 year fixed rate remortgage

[FO20309] 60% LTV, decreasing by 5bps from 1.86% to 1.81%, product fee £995, £250 cashback

 

5 year fixed rate remortgage - high value

[FO20348] 60% LTV, decreasing by 5bps from 1.85% to 1.80%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO20310] 70% LTV, decreasing by 4bps from 1.93% to 1.89%, product fee £995, £250 cashback

 

5 year fixed rate remortgage - high value

[FO20349] 70% LTV, decreasing by 4bps from 1.92% to 1.88%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO20311] 75% LTV, decreasing by 4bps from 1.93% to 1.89%, product fee £995, £250 cashback

 

5 year fixed rate remortgage - high value

[FO20350] 75% LTV, decreasing by 4bps from 1.92% to 1.88%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO20312] 80% LTV, decreasing by 5bps from 2.13% to 2.08%, product fee £995, £250 cashback

 

Existing Customer

No Changes

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 18 July, 2019.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Friday 19 July 2019. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Tuesday 23 July 2019 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

Tomorrow, NatWest will be introducing rate changes on selected core and semi-exclusive residential products and buy to let deals.

 

Here’s a summary of the changes:

 

A.      Intermediary Exclusives

·         Purchase: Rate reductions of 2-19bps on 2 & 5 year 60-85% LTV products.

·         Remortgage: Rate reductions of 10bps on 2 year 85% fee and 1-4bps on 5 year 60-85% LTV products.

·         BTL: Rate reductions of 2-18bps on 2 & 5 year 60-75% LTV purchase and remortgage products.

·         Shared Equity Remortgage: Rate reduction of 2bps on 5 year 60% fee based product.

 

B.      Core Range

·         Purchase: Rate reductions of 2-6bps on 2 & 5 year 60-85% LTV products.

·         Remortgage: Rate reductions of 1-5bps on 2 & 5 year 60-85% LTV products.

·         BTL: Rate reductions of 2-18bps on 2 & 5 year 60-75% LTV purchase and remortgage products.

 

Here’s a full list the changes with product codes in brackets:

 

New Business

 

Exclusive

Buy To Let

New Products

 

5 year fixed rate purchase

[FO20252] 70% LTV, 2.45%, product fee £995

 

Rate Changes

 

2 year fixed rate purchase

[FO20246] 60% LTV, decreasing by 7bps from 1.79% to 1.72%, product fee £995, £250 cashback

[FO20247] 60% LTV, decreasing by 18bps from 2.09% to 1.91%, product fee £0

[FO20248] 70% LTV, decreasing by 11bps from 2.05% to 1.94%, product fee £995, £250 cashback

[FO20249] 75% LTV, decreasing by 10bps from 2.07% to 1.97%, product fee £995, £250 cashback

 

2 year fixed rate remortgage

[FO20255] 60% LTV, decreasing by 6bps from 1.78% to 1.72%, product fee £995, £250 cashback

[FO20256] 70% LTV, decreasing by 5bps from 2.02% to 1.97%, product fee £995, £250 cashback

[FO20257] 70% LTV, decreasing by 2bps from 2.48% to 2.46%, product fee £0, £250 cashback

[FO20259] 75% LTV, decreasing by 8bps from 2.05% to 1.97%, product fee £995, £250 cashback

 

5 year fixed rate purchase

[FO20250] 60% LTV, decreasing by 9bps from 2.17% to 2.08%, product fee £995, £250 cashback

[FO20251] 60% LTV, decreasing by 10bps from 2.45% to 2.35%, product fee £0, £250 cashback

[FO20253] 70% LTV, decreasing by 7bps from 2.79% to 2.72%, product fee £0, £250 cashback

[FO20254] 75% LTV, decreasing by 5bps from 2.56% to 2.51%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO20260] 60% LTV, decreasing by 6bps from 2.23% to 2.17%, product fee £995, £250 cashback

[FO20261] 60% LTV, decreasing by 12bps from 2.41% to 2.29%, product fee £0, £250 cashback

[FO20262] 70% LTV, decreasing by 10bps from 2.58% to 2.48%, product fee £995, £250 cashback

[FO20263] 75% LTV, decreasing by 10bps from 2.58% to 2.48%, product fee £995, £250 cashback

 

Withdrawals

 

5 year fixed rate purchase

[FO20075] 70% LTV, 2.55%, product fee £995, £250 cashback

 

Residential

New Products

 

5 year fixed rate remortgage

[FO20238] 60% LTV, 1.78%, product fee £995, £250 cashback

 

Rate Changes

 

2 year fixed rate purchase

[FO20229] 60% LTV, decreasing by 19bps from 2.16% to 1.97%, product fee £0, £250 cashback

[FO20228] 60% LTV, decreasing by 4bps from 1.62% to 1.58%, product fee £995, £350 cashback

[FO20230] 75% LTV, decreasing by 2bps from 1.67% to 1.65%, product fee £995, £350 cashback

[FO20231] 85% LTV, decreasing by 3bps from 1.74% to 1.71%, product fee £995, £250 cashback

 

2 year fixed rate remortgage

[FO20237] 85% LTV, decreasing by 10bps from 1.82% to 1.72%, product fee £995, £250 cashback

 

5 year fixed rate purchase

[FO20233] 60% LTV, decreasing by 5bps from 2.22% to 2.17%, product fee £0, £500 cashback

[FO20232] 60% LTV, decreasing by 4bps from 1.82% to 1.78%, product fee £995

[FO20234] 70% LTV, decreasing by 2bps from 1.89% to 1.87%, product fee £995

[FO20235] 75% LTV, decreasing by 2bps from 1.89% to 1.87%, product fee £995

[FO20236] 85% LTV, decreasing by 2bps from 2.07% to 2.05%, product fee £995

 

5 year fixed rate remortgage

[FO20245] 60% LTV, decreasing by 2bps from 2.15% to 2.13%, product fee £995, £500 cashback Shared Equity

[FO20239] 60% LTV, decreasing by 1bps from 2.14% to 2.13%, product fee £0, £500 cashback

[FO20240] 70% LTV, decreasing by 2bps from 1.89% to 1.87%, product fee £995

[FO20241] 70% LTV, decreasing by 3bps from 2.24% to 2.21%, product fee £0, £500 cashback

[FO20243] 75% LTV, decreasing by 3bps from 2.24% to 2.21%, product fee £0, £500 cashback

[FO20242] 75% LTV, decreasing by 2bps from 1.89% to 1.87%, product fee £995

[FO20244] 80% LTV, decreasing by 4bps from 2.07% to 2.03%, product fee £995

[FO20268] 85% LTV, decreasing by 2bps from 2.07% to 2.05%, product fee £995

 

Withdrawals

 

5 year fixed rate remortgage

[FO20177] 60% LTV, 1.80%, product fee £995

 

Core Range

Residential

 

Rate Changes

 

2 year fixed rate purchase

[FO20185] 60% LTV, decreasing by 6bps from 1.44% to 1.38%, product fee £995, £250 cashback

[FO20186] 75% LTV, decreasing by 2bps from 1.52% to 1.50%, product fee £995, £250 cashback

 

2 year fixed rate remortgage

[FO20189] 70% LTV, decreasing by 1bps from 1.59% to 1.58%, product fee £995, £250 cashback

 

2 year fixed rate remortgage - high value

[FO20264] 70% LTV, decreasing by 1bps from 1.58% to 1.57%, product fee £995, £250 cashback

 

2 year fixed rate remortgage

[FO20190] 75% LTV, decreasing by 1bps from 1.59% to 1.58%, product fee £995, £250 cashback

 

5 year fixed rate purchase

[FO20187] 80% LTV, decreasing by 4bps from 2.08% to 2.04%, product fee £995, £250 cashback

[FO20188] 85% LTV, decreasing by 5bps from 2.10% to 2.05%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO20191] 60% LTV, decreasing by 2bps from 1.88% to 1.86%, product fee £995, £250 cashback

 

5 year fixed rate remortgage - high value

[FO20265] 60% LTV, decreasing by 2bps from 1.87% to 1.85%, product fee £995, £250 cashback

[FO20266] 70% LTV, decreasing by 2bps from 1.94% to 1.92%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO20193] 70% LTV, decreasing by 2bps from 1.95% to 1.93%, product fee £995, £250 cashback

 

5 year fixed rate remortgage - high value

[FO20267] 75% LTV, decreasing by 3bps from 1.95% to 1.92%, product fee £995, £250 cashback

 

5 year fixed rate remortgage

[FO20195] 75% LTV, decreasing by 3bps from 1.96% to 1.93%, product fee £995, £250 cashback

[FO20192] 85% LTV, decreasing by 5bps from 2.18% to 2.13%, product fee £995, £250 cashback

 

Buy To Let

Rate Changes

 

2 year fixed rate purchase

[FO20197] 60% LTV, decreasing by 11bps from 1.74% to 1.63%, product fee £995

[FO20198] 75% LTV, decreasing by 15bps from 2.12% to 1.97%, product fee £995

 

2 year fixed rate remortgage

[FO20225] 60% LTV, decreasing by 2bps from 1.72% to 1.70%, product fee £995

[FO20226] 70% LTV, decreasing by 18bps from 2.13% to 1.95%, product fee £995

 

5 year fixed rate purchase

[FO20223] 60% LTV, decreasing by 5bps from 2.13% to 2.08%, product fee £995

[FO20224] 70% LTV, decreasing by 2bps from 2.50% to 2.48%, product fee £995

 

5 year fixed rate remortgage

[FO20227] 60% LTV, decreasing by 6bps from 2.21% to 2.15%, product fee £995

 

Existing Customer

No Changes

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 27 June, 2019.

 

The supporting documentation for online applications on these products must be received in our Mortgage Centre in Birmingham by close of business on Thursday 11 July, 2019

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Friday 28 June 2019. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Tuesday 2 July 2019 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

 

Please be aware on Friday 28^th June, LiveTALK will be available from 8am until 6pm.

 

Please be aware LiveTALK will be unavailable between 13:00 - 14:30 on Tuesday 18th June for staff training and all day Wednesday 19th June as we are out of the office to support our local community.

 

We apologise for any inconvenience this may cause.

 

Please refer to our website and A-Z of lending criteria for any questions. Alternatively, for any urgent cases please speak to your BDMs on their dedicated phone numbers or our processing team on: 03459 00 11 10.

 

We’re delighted at NatWest Intermediary Solutions to be able to roll out our New Build Service to all brokers and firms on our panel.

 

This means that you now have direct access to our BDM Support Team. Our support team are available to help you with queries on post submission cases and can be reached by emailing NewBuildSupport@rbs.co.uk

 

What can the New Build Support Team help with?

 

·         The team will provide support by managing urgent cases, assisting with valuation queries and liaising directly with internal teams to resolve any post submission issues that occur.

·         They can offer focused monthly pipeline management of your cases which are due to complete throughout the whole year. All brokers need to do is e-mail the team with any new build cases that they want to be pipeline managed with their target exchange/completions dates.

·         Dedicated Half Year & Year End exchange and completion support to ensure deadlines are not missed.

·         New build exposure – We help brokers understand what the exposure and lending limits are on New Build developments.

This support is provided in addition to services which NWIS already provide you:

 

·         Your Business Development Manager will remain your dedicated point of contact to help you place any complicated cases.

·         LiveTALK web chat for pre-submission queries - Need technical or policy help? Contact us on LiveTALK

·         Get your own case updates via our online Mortgage Application Tracker - APPLICATION TRACKER

·         Sending your packaging documents to us utilising our Scan and Upload portal.

·         The A-Z of lending criteria on our website - A-Z of lending criteria

 

Improvements in criteria, service and products

 

All of the above is underpinned by the great strides we have made to improve our New Build proposition:

 

·         We’ve recently made some changes across our Help to Buy Shared Equity range which includes reductions of up to 27bps and 20bps on our 2 and 5 year deals respectively, as well as introducing £250 cashback on selected products.

·         The Scan and Upload portal means brokers no longer need to certify every document they provide.

·         We have made the mortgage reference number available immediately if you submit an application through our website.

·         6 month offer extension – We were delighted earlier last year to launch our New Build offer extension facility, which means that customers could have a total offer period of up to 12 months.

·         Day one valuation instruction

·         E-mailing offers.

·         Builders incentives -  We allow up to 5% builders incentives and this can be as cash or go towards legal fees, valuations etc.

·         Armed Forces – We allow the Armed Forces Help-to-Buy scheme to be part of the deposit and offer consent to let at day one.

·         New Build Guide – Please utilise our excellent New Build Guide, which has recently been updated and can be found in our forms and guides page here

·         Speed to offer - we are geared to meet the required speed to offer for 28-day exchange deadlines and it’s possible under some circumstances to do this in just 7 working days to meet New Build deadlines.

·         Help to Buy Remortgage range - All of our products have £500 cashback, free standard legals and free valuations.

 

Offer extension guidance

Please be mindful when submitting the offer extension request that we can only accept one request per application. If you submit the request too early the customer will not benefit from up to 6 months extra on their mortgage offer. Where an extension is granted the new offer will be valid for 6 months from the point of agreement, not at the end of the original 6 months offer period.

 

We would also offer caution in requesting an extension within the final 3 weeks of the original offer, to ensure the original offer does not expire before the outcome of the extension request is known.

 

Tomorrow, NatWest will be introducing rate changes on selected core and semi-exclusive residential products, as well as introducing some new products for existing customers.

 

Here’s a summary of the changes:

New Business

·         Core Range 

·         Purchase: Rate reduction of 2bps on 70% and 5bps increase on 90% 2 year fixed rate purchase deals.

·         Rate reduction of up to 4bps on selected 5 year fixed rate purchase deals

·         Remortgage: Rate increase of 4bps on 90% 2 year fixed rate remortgage deal

·         Rate reductions of up to 4bps on selected 5 year fixed rate remortgage and 5 fixed rate remortgage high value deals

 

·         Intermediary Exclusives

·         Purchase: Rate increases of up to 20bps on selected 2 year fixed rate purchase deals

·         Rate decreases of up to 7bps on selected 5 year fixed rate purchase deals

·         Remortgage: Rate reductions of up to 5 bps on selected 5 year fixed rate remortgage deals

·         Rate increase of 6bps on 90%  5 year fixed rate remortgage deal

 

Existing customer

·         Core Range

·         Product switches: Introduction of new 2 and 5 year fixed rate products.

·         Withdrawal of selected 2 and 5 year fixed rate products

 

Here’s a full list the changes with product codes in brackets:

 

New Business

 

CORE

Residential

 

Rate changes

 

2 year fixed rate purchase

 

[FO20157] 70% LTV, decreasing by 2bps from 1.52% to 1.50% (4.24% SVR), £995 product fee, £250 Cashback

[FO20158] 90% LTV, increasing by 5bps from 1.91% to 1.96% (4.24% SVR), £995 product fee, £250 Cashback

 

5 year fixed rate purchase

 

[FO20159] 60% LTV, decreasing by 3bps from 1.87% to 1.84% (4.24% SVR), £995 product fee, £250 Cashback

 

[FO20160] 70% LTV, decreasing by 4bps from 1.92% to 1.88% (4.24% SVR), £995 product fee, £250 Cashback

[FO20161] 80% LTV, decreasing by 1bps from 2.09% to 2.08% (4.24% SVR), £995 product fee, £250 Cashback

 

2 year fixed rate remortgage

 

[FO20162] 90% LTV, increasing by 4bps from 1.98% to 2.02% (4.24% SVR), £995 product fee, £250 Cashback

 

5 year fixed rate remortgage

 

[FO20163] 60% LTV, decreasing by 1bps from 1.89% to 1.88% (4.24% SVR), £995 product fee, £250 Cashback

[FO20164] 70% LTV, decreasing by 4bps from 1.99% to 1.95% (4.24% SVR), £995 product fee, £250 Cashback

 

[FO20165] 75% LTV, decreasing by 3bps from 1.99% to 1.96% (4.24% SVR), £995 product fee, £250 Cashback

[FO20166] 80% LTV, decreasing by 1bps from 2.14% to 2.13% (4.24% SVR), £995 product fee, £250 Cashback

 

5 year fixed rate remortgage – High Value

 

[FO19881] 60% LTV, decreasing by 1bps from 1.88% to 1.87% (4.24% SVR), £995 product fee, £250 Cashback

 

[FO19883] 70% LTV, decreasing by 4bps from 1.98% to 1.94% (4.24% SVR), £995 product fee, £250 Cashback

[FO19883] 75% LTV, decreasing by 3bps from 1.98% to 1.95% (4.24% SVR), £995 product fee, £250 Cashback

 

Semi Exclusives

Residential

 

New Products

 

2 year tracker purchase

 

[TO4793] 70% LTV, 1.55% (4.24% SVR), £995 product fee, £350 cashback

[TO4794] 70% LTV, 2.06% (4.24% SVR), £0 product fee, £250 cashback

[TO4795] 75% LTV, 1.57% (4.24% SVR), £995 product fee, £350 cashback

 

Rate changes

 

2 year fixed rate purchase

 

[FO20167] 90% LTV, increasing by 20bps from 1.79% to 1.99% (4.24% SVR), £995 product fee, £250 Cashback

[FO20168] 95% LTV, increasing by 6bps from 2.98% to 3.04% (4.24% SVR), £995 product fee, £250 Cashback

 

5 year fixed rate purchase

 

[FO20169] 60% LTV, decreasing by 3bps from 1.85% to 1.82% (4.24% SVR), £995 product fee

[FO20170] 60% LTV, decreasing by 7bps from 2.29% to 2.22% (4.24% SVR), £0 product fee, £500 Cashback

[FO20172] 70% LTV, decreasing by 6bps from 2.30% to 2.24% (4.24% SVR), £0 product fee, £500 Cashback

[FO20171] 70% LTV, decreasing by 6bps from 1.91% to 1.89% (4.24% SVR), £995 product fee

[FO20173] 75% LTV, decreasing by 2bps from 1.91% to 1.89% (4.24% SVR), £995 product fee

[FO20174] 75% LTV, decreasing by 2bps from 2.30% to 2.24% (4.24% SVR), £0 product fee, £500 Cashback

[FO20175] 85% LTV, decreasing by 2bps from 2.09% to 2.07% (4.24% SVR), £995 product fee

 

5 year fixed rate remortgage

 

[FO20178] 60% LTV, decreasing by 5bps from 2.19% to 2.14% (4.24% SVR), £0 product fee, £500 Cashback

[FO20177] 60% LTV, decreasing by 3bps from 1.83% to 1.80% (4.24% SVR), £995 product fee

[FO20179] 70% LTV, decreasing by 4bps from 1.93% to 1.89% (4.24% SVR), £995 product fee

[FO20180] 75% LTV, decreasing by 4bps from 1.93% to 1.89% (4.24% SVR), £995 product fee

[FO20181] 85% LTV, decreasing by 2bps from 2.09% to 2.07% (4.24% SVR), £995 product fee

[FO20176] 90% LTV, increasing by 6bps from 1.93% to 1.99% (4.24% SVR), £995 product fee, £250 Cashback

 

Withdrawals

 

2 year tracker purchase

 

[TO4763] 70% LTV, 1.55% (4.24% SVR), £995 product fee, £350 cashback

[TO4764] 70% LTV, 2.06% (4.24% SVR), £0 product fee, £250 cashback

[TO4765] 75% LTV, 1.57% (4.24% SVR), £995 product fee, £350 cashback

 

Existing Customers

 

New Products

 

2 year fixed rate switcher

 

[FO20151] 60% LTV, 1.55% (4.24% SVR), £995 product fee

[FO20152] 70% LTV, 1.64% (4.24% SVR), £995 product fee

[FO20153] 75% LTV, 1.64% (4.24% SVR), £995 product fee

 

5 year fixed rate switcher

 

[FO20154] 60% LTV, 1.89% (4.24% SVR), £995 product fee

[FO20155] 70% LTV, 1.99% (4.24% SVR), £995 product fee

[FO20156] 75% LTV, 1.99% (4.24% SVR), £995 product fee

 

Withdrawals

 

2 year fixed rate switcher

 

[FO19914] 60% LTV, 1.55% (4.24% SVR), £995 product fee

[FO19916] 70% LTV, 1.64% (4.24% SVR), £995 product fee

[FO19918] 75% LTV, 1.64% (4.24% SVR), £995 product fee

 

2 year fixed rate switcher – High value

 

[FO19924] 60% LTV, 1.55% (4.24% SVR), £995 product fee

[FO19925] 70% LTV, 1.71% (4.24% SVR), £995 product fee

[FO19926] 75% LTV, 1.71% (4.24% SVR), £995 product fee

 

5 year fixed rate switcher

 

[FO20103] 60% LTV, 1.89% (4.24% SVR), £995 product fee

[FO20105] 70% LTV, 1.99% (4.24% SVR), £995 product fee

[FO20107] 75% LTV, 1.99% (4.24% SVR), £995 product fee

 

5 year fixed rate switcher – High value

 

[FO20027] 60% LTV, 2.03% (4.24% SVR), £995 product fee

[FO20028] 70% LTV, 2.23% (4.24% SVR), £995 product fee

[FO20029] 75% LTV, 2.24% (4.24% SVR), £995 product fee

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Wednesday 15^th May 2019.

 

The supporting documentation for online applications on these products must be received in our Mortgage Centre in Birmingham by close of business on Thursday 30^th May 2019

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Thursday 16^th May 2019. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 20^th May 2019 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

We are happy to announce that from Tuesday 7th May we are trialling extended opening hours for our dedicated instant messaging service – LiveTALK.

 

After gauging broker feedback on when they would appreciate extended opening hours for our LiveTALK team, from Tuesday they will be operating on the following hours:

Monday, Tuesday, Thursday, Friday – 8am until 9pm

Wednesday – 10am until 9pm

 

We’d also like to remind you of the main benefits in using our LiveTALK service:

·        Provide guidance with submitting applications (whether this is either an AIP or an application) and also helping with any technical issues with the application.

·        Help with New Business policy queries or any questions around our lending criteria.

·        Providing password resets

 

We also have the helpful CoBrowse feature which allows our staff to see what the broker sees and enables us to answer their queries more effectively whilst making the process easier for brokers.

 

We hope you’ll benefit from this trial and as always we will continue to monitor our service and gauge broker feedback in order to continue to improve.

If you have any questions, please don’t hesitate to get in touch with your BDM or find our LiveTALK team by visiting our homepage

 

Tomorrow, NatWest will be introducing rate changes on selected core and semi-exclusive residential and buy to let products.

 

Here’s a summary of the changes:

New Business

·         Core Range 

·         Residential: Rate reductions of 25-90bps, with £250 cash back introduced on selected products.

·         Buy to Let: Rate reductions of 53-147bps, with fees reduced from £1,995 to £995.

·         Shared Equity: rate reductions and cash back introduced

            - 2 Year Fee Based: Rate reductions of 19-27bps and £250 cash back introduced.

            - 5 Year Fee Based: Rate reductions of 8-20bps.

 

·         Intermediary Exclusives

·         Rate reductions and new purchase products.

·         Remortgage: Rate reductions of 1-2 bps on 5 year 60-85% LTV products.

·         Purchase: Launch 2 year 60-90% LTV products, with £250 cash back and free property valuation; and reduce pricing on the 2 year 95% LTV product by 1bps.

 

·         Base Rate Trackers: BRT pricing set 10bps below the equivalent fixed rate product

 

End dates

2 year term End Dates Moving from 30/06/2021 to 31/10/2021

 

5 year term End Dates Moving from 30/06/2024 to 31/10/2024

 

As a responsible lender, we have been able to make these changes whilst ensuring that we maintain our risk appetite and the quality of business we accept.

 

Here’s a full list the changes with product codes in brackets:

New Business

 

CORE

Residential

 

New Products

 

2 year tracker purchase

 

[TO4736] 60% LTV, 1.34% (4.24% SVR), £955 product fee, £250 cashback

[TO4738] 70% LTV, 1.42% (4.24% SVR), £995 product fee, £250 cashback

[TO4741] 75% LTV, 1.42% (4.24% SVR), £995 product fee, £250 cashback

 

2 year tracker remortgage

 

[TO4743] 60% LTV, 1.43% (4.24% SVR), £955 product fee, £250 cashback

[TO4745] 70% LTV, 1.49% (4.24% SVR), £995 product fee, £250 cashback

[TO4747] 75% LTV, 1.49% (4.24% SVR), £995 product fee, £250 cashback

 

Shared equity – 2 year fixed rate purchase

 

[FO19878] 60% LTV, 1.54% (4.24% SVR), £955 product fee, £250 cashback

[FO19879] 70% LTV, 1.58% (4.24% SVR), £995 product fee, £250 cashback

[FO19880] 75% LTV, 1.59% (4.24% SVR), £995 product fee, £250 cashback

 

Help to Buy Shared equity – 2 year fixed rate purchase

 

[FO19884] 60% LTV, 1.54% (4.24% SVR), £955 product fee, £250 cashback

[FO19885] 70% LTV, 1.58% (4.24% SVR), £995 product fee, £250 cashback

[FO19886] 75% LTV, 1.59% (4.24% SVR), £995 product fee, £250 cashback

 

Rate Changes

 

2 year tracker purchase

 

[TO4737] 60% LTV, decreasing by 59bps from 2.89% to 2.30% (4.24% SVR), £0 product fee

[TO4739] 70% LTV, decreasing by 59bps from 2.94% to 2.35% (4.24% SVR), £0 product fee

[TO4742] 75% LTV, decreasing by 63bps from 2.98% to 2.35% (4.24% SVR), £0 product fee

 

2 year tracker remortgage

 

[TO4744] 60% LTV, decreasing by 30bps from 2.89% to 2.59% (4.24% SVR), £0 product fee

[TO4746] 70% LTV, decreasing by 25bps from 2.94% to 2.69% (4.24% SVR), £0 product fee

[TO4748] 75% LTV, decreasing by 29bps from 2.98% to 2.69% (4.24% SVR), £0 product fee

 

Shared equity – 5 year fixed rate purchase

 

[FO19881] 60% LTV, decreasing by 8bps from 2.05% to 1.97% (4.24% SVR), £995 product fee, £250 Cashback

[FO19882] 70% LTV, decreasing by 15bps from 2.12% to 1.97% (4.24% SVR), £995 product fee, £250 Cashback

[FO19883] 75% LTV, decreasing by 20bps from 2.17% to 1.97% (4.24% SVR), £995 product fee, £250 Cashback

 

Help to Buy Shared equity – 5 year fixed rate purchase

 

[FO19887] 60% LTV, decreasing by 8bps from 2.05% to 1.97% (4.24% SVR), £995 product fee, £250 Cashback

[FO19888] 70% LTV, decreasing by 15bps from 2.12% to 1.97% (4.24% SVR), £995 product fee, £250 Cashback

[FO19889] 75% LTV, decreasing by 20bps from 2.17% to 1.97% (4.24% SVR), £995 product fee, £250 Cashback

 

Withdrawals

 

2 year tracker purchase

 

[TO4643] 60% LTV, 2.09% (4.24% SVR), £995 product fee

 

[TO4645] 70% LTV, 2.29% (4.24% SVR), £995 product fee

[TO4647] 75% LTV, 2.32% (4.24% SVR), £995 product fee

 

[TO4648] 75% LTV, 2.98% (4.24% SVR), £995 product fee

 

2 year tracker remortgage

 

[TO4625] 60% LTV, 2.09% (4.24% SVR), £995 product fee

 

[TO4627] 70% LTV, 2.29% (4.24% SVR), £995 product fee

[TO4629] 75% LTV, 2.32% (4.24% SVR), £995 product fee

 

 

Shared equity – 2 year fixed rate purchase

 

[FO19090] 60% LTV, 1.74% (4.24% SVR), £995 product fee

 

[FO19092] 70% LTV, 1.77% (4.24% SVR), £995 product fee

[FO19094] 75% LTV, 1.86% (4.24% SVR), £995 product fee

 

 

Help to Buy shared equity – 2 year fixed rate purchase

 

[FO19096] 60% LTV, 1.74% (4.24% SVR), £995 product fee

 

[FO19098] 70% LTV, 1.77% (4.24% SVR), £995 product fee

[FO19100] 75% LTV, 1.86% (4.24% SVR), £995 product fee

 

 

Buy to Let

 

Rate Changes

2 year tracker purchase

 

[TO4750] 60% LTV, decreasing by 129bps from 3.43% to 2.14% (4.74% SVR), £0 product fee

[TO4752] 70% LTV, decreasing by 147bps from 3.93% to 2.46% (4.74% SVR), £0 product fee

[TO4754] 75% LTV, decreasing by 142bps from 3.99% to 2.57% (4.74% SVR), £0 product fee

 

2 year tracker remortgage

 

[TO4756] 60% LTV, decreasing by 76bps from 3.43% to 2.67% (4.74% SVR), £0 product fee

[TO4758] 70% LTV, decreasing by 101bps from 3.93% to 2.92% (4.74% SVR), £0 product fee

[TO4760] 75% LTV, decreasing by 102bps from 3.99% to 2.97% (4.74% SVR), £0 product fee

 

Rate and Fee Changes

 

2 year tracker purchase

 

[TO4749] 60% LTV, decreasing by 74bps from 2.38% to 1.64% (4.74% SVR), fee decreasing from £1,995 to £995

[TO4751] 70% LTV, decreasing by 103bps from 2.90% to 1.87% (4.74% SVR), fee decreasing from £1,995 to £995

[TO4753] 75% LTV, decreasing by 92bps from 2.94% to 2.02% (4.74% SVR), fee decreasing from £1,995 to £995

 

2 year tracker remortgage

 

[TO4755] 60% LTV, decreasing by 76bps from 2.38% to 1.62% (4.74% SVR), fee decreasing from £1,995 to £995

[TO4757] 70% LTV, decreasing by 87bps from 2.90% to 2.03% (4.74% SVR), fee decreasing from £1,995 to £995

[TO4759] 75% LTV, decreasing by 53bps from 2.94% to 2.41% (4.74% SVR), fee decreasing from £1,995 to £995

 

Semi Exclusives

Residential

 

New Products

 

2 year fixed rate purchase

 

[FO19890] 60% LTV, 2.16% (4.24% SVR), £0 product fee, £250 cashback

[FO19891] 70% LTV, 2.16% (4.24% SVR), £0 product fee, £250 cashback

[FO19892] 80% LTV, 2.98% (4.24% SVR), £0 product fee, £250 cashback

[FO19893] 85% LTV, 2.98% (4.24% SVR), £0 product fee, £250 cashback

[FO19894] 90% LTV, 2.98% (4.24% SVR), £0 product fee, £250 cashback

 

2 year tracker purchase

 

[TO4761] 60% LTV, 2.06% (4.24% SVR), £0 product fee, £250 cashback

[TO4762] 60% LTV, 1.52% (4.24% SVR), £995 product fee, £350 cashback

[TO4763] 70% LTV, 1.55% (4.24% SVR), £995 product fee, £350 cashback

[TO4764] 70% LTV, 2.06% (4.24% SVR), £0 product fee, £250 cashback

[TO4765] 75% LTV, 1.57% (4.24% SVR), £995 product fee, £350 cashback

 

2 year tracker remortgage

 

[TO4772] 60% LTV, 2.34% (4.24% SVR), £0 product fee

[TO4774] 70% LTV, 2.39% (4.24% SVR), £0 product fee

[TO4773] 75% LTV, 2.39% (4.24% SVR), £0 product fee

 

Rate Changes

2 year fixed rate purchase

 

[FO19895] 95% LTV, decreasing by 1bps from 2.99% to 2.98% (4.24% SVR), £0 product fee, £250 cashback

 

5 year fixed rate remortgage

 

[FO19896] 60% LTV, decreasing by 1bps from 1.84% to 1.83% (4.24% SVR), £995 product fee

[FO19898] 70% LTV, decreasing by 2bps from 2.26% to 2.24% (4.24% SVR), £0 product fee, £500 cashback

[FO19897] 70% LTV, decreasing by 1bps from 1.94% to 1.93% (4.24% SVR), £995 product fee

[FO19900] 75% LTV, decreasing by 2bps from 2.26% to 2.24% (4.24% SVR), £0 product fee, £500 cashback

[FO19899] 75% LTV, decreasing by 1bps from 1.94% to 1.93% (4.24% SVR), £995 product fee

[FO19901] 85% LTV, decreasing by 1bps from 2.40% to 2.39% (4.24% SVR), £0 product fee, £500 cashback

Buy to Let

 

New Products

2 year tracker purchase

 

[TO4767] 60% LTV, 1.99% (4.74% SVR), £0 product fee

[TO4766] 60% LTV, 1.69% (4.74% SVR), £995 product fee, £250 cashback

[TO4769] 70% LTV, 2.49% (4.74% SVR), £0 product fee, £250 cashback

[TO4768] 70% LTV, 1.95% (4.74% SVR), £995 product fee, £250 cashback

[TO4770] 75% LTV, 1.97% (4.74% SVR), £995 product fee, £250 cashback

[TO4771] 75% LTV, 2.49% (4.74% SVR), £0 product fee, £250 cashback

 

2 year tracker remortgage

 

[TO4776] 60% LTV, 2.23% (4.74% SVR), £0 product fee, £250 cashback

[TO4775] 60% LTV, 1.68% (4.74% SVR), £995 product fee, £250 cashback

[TO4777] 70% LTV, 1.92% (4.74% SVR), £995 product fee, £250 cashback

[TO4778] 70% LTV, 2.38% (4.74% SVR), £0 product fee, £250 cashback

[TO4780] 75% LTV, 2.38% (4.74% SVR), £0 product fee, £250 cashback

[TO4779] 75% LTV, 1.95% (4.74% SVR), £995 product fee, £250 cashback

 

Withdrawals

 

2 year tracker purchase

 

[TO4655] 60% LTV, 2.49% (4.74% SVR), £995 product fee

 

[TO4656] 70% LTV, 2.90% (4.74% SVR), £995 product fee

 

[TO4657] 75% LTV, 3.00% (4.74% SVR), £995 product fee

 

 

2 year tracker remortgage

 

[TO4616] 60% LTV, 2.22% (4.74% SVR), £995 product fee

 

[TO4620] 70% LTV, 2.95% (4.74% SVR), £995 product fee

 

[TO4621] 75% LTV, 3.08% (4.74% SVR), £995 product fee

 

 

End dates

 

2 year term End Dates Moving from 30/06/2021 to 31/10/2021

 

5 year term End Dates Moving from 30/06/2024 to 31/10/2024

 

Transitional arrangements

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Monday 29^th April 2019.

 

The supporting documentation for online applications on these products must be received in our Mortgage Centre in Birmingham by close of business on Monday 13^th May 2019

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Tuesday 30^th April 2019. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Thursday 2^nd May 2019 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.

 

Over the Easter period our Business Development Managers and our LiveTALK Team will be unavailable from Friday 19th April till Monday 22nd April. Our normal service resumes on Tuesday 23rd April.

 

During this time you can still submit mortgage applications to us as normal as all our systems remain available.

 

Tomorrow, NatWest will be introducing rate changes on selected core and semi-exclusive residential and buy to let products

 

Here’s a summary of the changes:

 

New Business

·         Core Range

 

• Introducing £250 cashback across our 2 & 5 year fee based products;
• Purchase - Rate reductions of up to 26bps across our 2 & 5 year fee and 95% LTV no fee products;
• Remortgage – Selected rate reductions across our 2 & 5 year fee products;
• BTL – Selected rate reductions of up to 50bps across our 2 & 5 year BTL products (purchase and remortgage).

·         Intermediary Exclusives     

 

• Purchase – Selected rate reductions of up to 22bps and cash back changes across our 2 & 5 year fee, 95% LTV no fee and 5 year FTB products;
• Remortgage – Selected rate reductions of up to 10bps and cash back changes across our 2 & 5 year fee products;
• BTL – Selected rate reductions of up to 31bps and cash back changes to our 2 & 5 year BTL products.

Existing Customer

·         Core Range

 

• Purchase - Rate reductions and increases across our 2 & 5 year fee and 95% LTV no fee products;
• Remortgage – Selected rate reductions and increases across our 2 & 5 year fee products.

 

As a responsible lender, we have been able to make these changes whilst ensuring that we maintain our risk appetite and the quality of business we accept.

 

Here’s a full list the changes with product codes in brackets:

 

New Business

 

CORE

Residential

 

New Products

 

2 year fixed rate purchase

 

[FO19552] 70% LTV, 1.52% (4.24% SVR), £955 product fee, £250 cashback

[FO19553] 75% LTV, 1.52% (4.24% SVR), £995 product fee, £250 cashback

[FO19554] 80% LTV, 1.60% (4.24% SVR), £995 product fee, £250 cashback

[FO19555] 85% LTV, 1.70% (4.24% SVR), £995 product fee, £250 cashback

[FO19556] 90% LTV, 1.91% (4.24% SVR), £995 product fee, £250 cashback

 

5 year fixed rate purchase

 

[FO19563] 90% LTV, 2.32% (4.24% SVR), £955 product fee, £250 cashback

[FO19564] 95% LTV, 3.58% (4.24% SVR), £0 product fee, £250 cashback

 

2 year fixed rate remortgage

 

[FO19565] 60% LTV, 1.53% (4.24% SVR), £995 product fee, £250 cashback

[FO19566] 70% LTV, 1.59% (4.24% SVR), £995 product fee, £250 cashback

[FO19567] 75% LTV, 1.59% (4.24% SVR), £995 product fee, £250 cashback

[FO19568] 80% LTV, 1.74% (4.24% SVR), £995 product fee, £250 cashback

[FO19569] 85% LTV, 1.83% (4.24% SVR), £995 product fee, £250 cashback

[FO19570] 90% LTV, 1.98% (4.24% SVR), £995 product fee, £250 cashback

 

2 year fixed rate remortgage - High Value

 

[FO19641] 60% LTV, 1.52% (4.24% SVR), £955 product fee, £250 cashback

[FO19642] 70% LTV, 1.58% (4.24% SVR), £995 product fee, £250 cashback

 

5 year fixed rate remortgage

 

[FO19572] 60% LTV, 1.89% (4.24% SVR), £995 product fee, £250 cashback

[FO19572] 70% LTV, 1.99% (4.24% SVR), £995 product fee, £250 cashback

[FO19573] 75% LTV, 1.99% (4.24% SVR), £995 product fee, £250 cashback

[FO19574] 80% LTV, 2.14% (4.24% SVR), £995 product fee, £250 cashback

[FO19575] 85% LTV, 2.18% (4.24% SVR), £995 product fee, £250 cashback

[FO19576] 90% LTV, 2.38% (4.24% SVR), £995 product fee, £250 cashback

 

5 year fixed rate remortgage – High Value

 

[FO19643] 60% LTV, 1.88% (4.24% SVR), £995 product fee, £250 cashback

[FO19644] 70% LTV, 1.98% (4.24% SVR), £995 product fee, £250 cashback

[FO19645] 75% LTV, 1.98% (4.24% SVR), £995 product fee, £250 cashback

 

 

Rate Changes

 

2 year fixed rate purchase

 

[FO19551] 60% LTV, decreasing by 6bps from 1.50% to 1.44% (4.24% SVR), £995 product fee, £250 cashback

[FO19557] 95% LTV, decreasing by 21bps from 3.29% to 3.08% (4.24% SVR), £0 product fee, £250 cashback

 

5 year fixed rate purchase

[FO19558] 60% LTV, decreasing by 8bps from 1.95% to 1.87% (4.24% SVR), £995 product fee, £250 cashback

[FO19559] 70% LTV, decreasing by 7bps from 1.99% to 1.92% (4.24% SVR), £995 product fee, £250 cashback

[FO19560] 75% LTV, decreasing by 7bps from 1.99% to 1.92% (4.24% SVR), £995 product fee, £250 cashback

[FO19561] 80% LTV, decreasing by 14bps from 2.23% to 2.09% (4.24% SVR), £995 product fee, £250 cashback

[FO19562] 85% LTV, decreasing by 26bps from 2.36% to 2.10% (4.24% SVR), £995 product fee, £250 cashback

 

First time buyer – 2 year fixed rate purchase

 

[FO19577] 90% LTV, decreasing by 9bps from 3.68% to 3.57% (4.24% SVR), £0 product fee, £250 cashback

 

Withdrawals

 

2 year fixed rate purchase

 

[FO19076] 70% LTV, 1.73% (4.24% SVR), £995 product fee

 

[FO19078] 75% LTV, 1.83% (4.24% SVR), £995 product fee

[FO19080] 80% LTV, 1.87% (4.24% SVR), £995 product fee

[FO19082] 85% LTV, 1.87% (4.24% SVR), £995 product fee

[FO19084] 90% LTV, 2.33% (4.24% SVR), £995 product fee

 

5 year fixed rate purchase

 

[FO19202] 90% LTV, 2.68% (4.24% SVR), £995 product fee

[FO19204] 95% LTV, 3.81% (4.24% SVR), £0 product fee

 

2 year fixed rate remortgage

 

[FO19030] 60% LTV, 1.54% (4.24% SVR), £995 product fee

[FO19031] 70% LTV, 1.59% (4.24% SVR), £995 product fee

[FO19043] 75% LTV, 1.59% (4.24% SVR), £995 product fee

[FO19128] 80% LTV, 1.78% (4.24% SVR), £995 product fee

[FO19129] 85% LTV, 2.38% (4.24% SVR), £995 product fee

[FO19130] 90% LTV, 2.70% (4.24% SVR), £995 product fee

 

2 year fixed rate remortgage - High Value

 

[FO19028] 60% LTV, 1.53% (4.24% SVR), £955 product fee

[FO19029] 70% LTV, 1.58% (4.24% SVR), £995 product fee

 

5 year fixed rate remortgage

 

[FO19148] 60% LTV, 1.94% (4.24% SVR), £995 product fee

[FO19146] 70% LTV, 2.08% (4.24% SVR), £995 product fee

[FO19147] 75% LTV, 2.23% (4.24% SVR), £995 product fee

[FO19162] 80% LTV, 2.33% (4.24% SVR), £995 product fee

[FO19153] 85% LTV, 3.13% (4.24% SVR), £995 product fee

[FO19164] 90% LTV, 3.28% (4.24% SVR), £995 product fee

 

5 year fixed rate remortgage - High Value

 

[FO19149] 60% LTV, 1.93% (4.24% SVR), £995 product fee

[FO19150] 70% LTV, 2.07% (4.24% SVR), £995 product fee

[FO19151] 75% LTV, 2.22% (4.24% SVR), £995 product fee

 

Buy to Let

 

Rate Changes

 

5 year fixed rate purchase

 

[FO19578] 60% LTV, decreasing by 17bps from 2.30% to 2.13% (4.74% SVR), £995 product fee

[FO19579] 70% LTV, decreasing by 15bps from 2.65% to 2.50% (4.74% SVR), £995 product fee

[FO19580] 75% LTV, decreasing by 28bps from 2.79% to 2.51% (4.74% SVR), £995 product fee

 

2 year fixed rate remortgage

 

[FO19581] 60% LTV, decreasing by 12bps from 1.84% to 1.72% (4.74% SVR), £995 product fee

[FO19582] 70% LTV, decreasing by 20bps from 2.33% to 2.13% (4.74% SVR), £995 product fee

 

5 year fixed rate remortgage

 

[FO19583] 60% LTV, decreasing by 50bps from 2.27% to 2.21% (4.74% SVR), £995 product fee

[FO19584] 70% LTV, decreasing by 50bps from 2.62% to 2.51% (4.74% SVR), £995 product fee

[FO19585] 75% LTV, decreasing by 50bps from 2.62% to 2.58% (4.74% SVR), £995 product fee

 

 

Semi Exclusives

New Products

 

2 year fixed rate purchase

 

[FO19590] 90% LTV, 1.79% (4.24% SVR), £995 product fee

 

5 year fixed rate purchase

 

[FO19592] 60% LTV, 1.85% (4.24% SVR), £995 product fee

[FO19593] 70% LTV, 1.91% (4.24% SVR), £995 product fee

[FO19594] 75% LTV, 1.91% (4.24% SVR), £995 product fee

[FO19595] 80% LTV, 2.04% (4.24% SVR), £995 product fee

[FO19597] 85% LTV, 2.09% (4.24% SVR), £995 product fee

[FO19599] 90% LTV, 2.29% (4.24% SVR), £995 product fee

[FO19601] 95% LTV, 3.33% (4.24% SVR), £0 product fee, £250 cashback

 

5 year fixed rate remortgage

 

[FO19609] 60% LTV, 1.84% (4.24% SVR), £995 product fee

[FO19611] 70% LTV, 1.94% (4.24% SVR), £995 product fee

[FO19612] 75% LTV, 1.94% (4.24% SVR), £995 product fee

[FO19613] 80% LTV, 2.07% (4.24% SVR), £995 product fee

[FO19615] 85% LTV, 2.09% (4.24% SVR), £995 product fee

[FO19617] 90% LTV, 2.29% (4.24% SVR), £995 product fee

 

First time buyer – 5 year fixed rate purchase

 

[FO19603] 85% LTV, 2.51% (4.24% SVR), £0 product fee, £750 Cashback

 

Help to Buy shared equity – 2 year fixed rate remortgage

 

[FO19605] 75% LTV, 2.90% (4.24% SVR), £0 product fee, £500 Cashback

[FO19604] 75% LTV, 1.96% (4.24% SVR), £995 product fee, £500 Cashback

 

Rate Changes

 

2 year fixed rate purchase

 

[FO19586] 70% LTV, decreasing by 5bps from 1.70% to 1.65% (4.24% SVR), £995 product fee, £350 cashback

[FO19587] 75% LTV, decreasing by 3bps from 1.70% to 1.67% (4.24% SVR), £995 product fee, £350 cashback

[FO19588] 80% LTV, decreasing by 6bps from 1.74% to 1.68% (4.24% SVR), £995 product fee, £250 cashback

[FO19589] 85% LTV, decreasing by 6bps from 1.82% to 1.74% (4.24% SVR), £995 product fee, £250 cashback

[FO19591] 95% LTV, decreasing by 22bps from 3.21% to 2.99% (4.24% SVR), £0 product fee, £250 cashback

 

 

5 year fixed rate purchase

 

[FO19596] 80% LTV, decreasing by 8bps from 2.48% to 2.40% (4.24% SVR), £0 product fee, £500 cashback

[FO19598] 85% LTV, decreasing by 10bps from 2.61% to 2.51% (4.24% SVR), £0 product fee, £500 cashback

[FO19600] 90% LTV, decreasing by 11bps from 2.67% to 2.58% (4.24% SVR), £0 product fee, £500 cashback

 

2 year fixed rate remortgage

 

[FO19606] 80% LTV, decreasing by 6bps from 1.78% to 1.72% (4.24% SVR), £995 product fee, £250 cashback

[FO19607] 85% LTV, decreasing by 10bps from 1.92% to 1.82% (4.24% SVR), £995 product fee, £250 cashback

[FO19608] 90% LTV, decreasing by 16bps from 2.09% to 1.93% (4.24% SVR), £995 product fee, £250 cashback

 

5 year fixed rate remortgage

 

[FO19610] 60% LTV, decreasing by 5bps from 2.24% to 2.19% (4.24% SVR), £0 product fee, £500 cashback

[FO19614] 80% LTV, decreasing by 3bps from 2.40% to 2.37% (4.24% SVR), £0 product fee, £500 cashback

[FO19616] 85% LTV, decreasing by 9bps from 2.51% to 2.40% (4.24% SVR), £0 product fee, £500 cashback

 

First time buyer – 5 year fixed rate purchase

 

[FO19602] 80% LTV, decreasing by 10bps from 2.49% to 2.39% (4.24% SVR), £0 product fee, £500 cashback

 

Withdrawals

 

2 year fixed rate purchase

 

[FO19113] 90% LTV, 1.94% (4.24% SVR), £995 product fee, £350 cashback

 

5 year fixed rate purchase

 

[FO19226] 60% LTV, 1.97% (4.24% SVR), £995 product fee, £500 cashback

 

[FO19228] 70% LTV, 2.02% (4.24% SVR), £995 product fee, £500 cashback

 

[FO19230] 75% LTV, 2.05% (4.24% SVR), £995 product fee, £500 cashback

 

[FO19232] 80% LTV, 2.17% (4.24% SVR), £995 product fee, £500 cashback

 

[FO19234] 85% LTV, 2.27% (4.24% SVR), £995 product fee, £500 cashback

 

[FO19236] 90% LTV, 2.45% (4.24% SVR), £995 product fee, £500 cashback

 

5 year fixed rate remortgage

 

[FO19238] 60% LTV, 1.97% (4.24% SVR), £995 product fee, £500 cashback

 

[FO19240] 70% LTV, 2.02% (4.24% SVR), £995 product fee, £500 cashback

 

[FO19242] 75% LTV, 2.02% (4.24% SVR), £995 product fee, £500 cashback

 

[FO19244] 80% LTV, 2.19% (4.24% SVR), £995 product fee, £500 cashback

 

[FO19246] 85% LTV, 2.22% (4.24% SVR), £995 product fee, £500 cashback

 

[FO19248] 90% LTV, 2.41% (4.24% SVR), £995 product fee, £500 cashback

 

First time buyer – 5 year fixed rate purchase

 

[FO19251] 85% LTV, 2.54% (4.24% SVR), £0 product fee, £500 Cashback

 

Help to Buy shared equity – 2 year fixed rate remortgage

 

[FO19141] 75% LTV, 2.90% (4.24% SVR), £0 product fee, £500 Cashback

[FO19142] 75% LTV, 1.96% (4.24% SVR), £995 product fee, £500 Cashback

 

Buy to Let

 

New Products

 

2 year fixed rate purchase

 

[FO19619] 60% LTV, 2.09% (4.74% SVR), £0 product fee

 

Rate Changes

 

2 year fixed rate purchase

 

[FO19618] 60% LTV, decreasing by 17bps from 1.96% to 1.79% (4.74% SVR), £995 product fee, £250 cashback

[FO19620] 70% LTV, decreasing by 10bps from 2.15% to 2.05% (4.74% SVR), £995 product fee, £250 cashback

[FO19621] 70% LTV, decreasing by 4bps from 2.63% to 2.59% (4.74% SVR), £0 product fee, £250 cashback

[FO19622] 75% LTV, decreasing by 20bps from 2.27% to 2.07% (4.74% SVR), £995 product fee, £250 cashback

[FO19623] 75% LTV, decreasing by 22bps from 2.81% to 2.59% (4.74% SVR), £0 product fee¸£250 cashback

 

5 year fixed rate purchase

 

[FO19624] 60% LTV, decreasing by 11bps from 2.28% to 2.17% (4.74% SVR), £995 product fee, £250 cashback

[FO19625] 60% LTV, decreasing by 5bps from 2.50% to 2.45% (4.74% SVR), £0 product fee, £250 cashback

[FO19626] 70% LTV, decreasing by 6bps from 2.61% to 2.55% (4.74% SVR), £995 product fee, £250 cashback

[FO19627] 70% LTV, decreasing by 7bps from 2.86% to 2.79% (4.74% SVR), £0 product fee, £250 cashback

[FO19629] 75% LTV, decreasing by 12bps from 2.91% to 2.79% (4.74% SVR), £0 product fee¸£250 cashback

[FO19628] 75% LTV, decreasing by 10bps from 2.66% to 2.56% (4.74% SVR), £995 product fee¸£250 cashback

 

2 year fixed rate remortgage

 

[FO19630] 60% LTV, decreasing by 4bps from 1.82% to 1.78% (4.74% SVR), £995 product fee, £250 cashback

[FO19631] 60% LTV, decreasing by 15bps from 2.48% to 2.33% (4.74% SVR), £0 product fee¸£250 cashback

[FO19632] 70% LTV, decreasing by 11bps from 2.59% to 2.48% (4.74% SVR), £0 product fee¸£250 cashback

[FO19633] 75% LTV, decreasing by 1bps from 2.06% to 2.05% (4.74% SVR), £995 product fee¸£250 cashback

[FO19634] 75% LTV, decreasing by 11bps from 2.59% to 2.48% (4.74% SVR), £0 product fee¸£250 cashback

 

5 year fixed rate remortgage

 

[FO19635] 60% LTV, decreasing by 6bps from 2.29% to 2.23% (4.74% SVR), £995 product fee, £250 cashback

[FO19636] 60% LTV, decreasing by 14bps from 2.55% to 2.41% (4.74% SVR), £0 product fee¸£250 cashback

[FO19637] 70% LTV, decreasing by 6bps from 2.64% to 2.58% (4.74% SVR), £995 product fee¸£250 cashback

[FO19638] 70% LTV, decreasing by 22bps from 2.99% to 2.77% (4.74% SVR), £0 product fee¸£250 cashback

[FO19639] 75% LTV, decreasing by 6bps from 2.64% to 2.58% (4.74% SVR), £995 product fee¸£250 cashback

[FO19640] 75% LTV, decreasing by 31bps from 3.08% to 2.77% (4.74% SVR), £0 product fee¸£250 cashback

 

Withdrawals

 

2 year fixed rate purchase

 

[FO19117] 60% LTV, 2.42% (4.74% SVR), £0 product fee, £250 cashback

 

Existing Customer

 

Core Range

 

Rate Changes

 

2 year fixed rate purchase

 

[FO19646] 60% LTV, decreasing by 42bps from 2.31% to 1.89% (4.24% SVR), £0 product fee

[FO19647] 70% LTV, decreasing by 7bps from 1.71% to 1.64% (4.24% SVR), £995 product fee

[FO19648] 70% LTV, increasing by 38bps from 2.41% to 2.79% (4.24% SVR), £0 product fee

[FO19649] 75% LTV, decreasing by 7bps from 1.71% to 1.64% (4.24% SVR), £995 product fee

[FO19650] 75% LTV, increasing by 38bps from 2.41% to 2.79% (4.24% SVR), £0 product fee

[FO19651] 80% LTV, decreasing by 6bps from 1.79% to 1.75% (4.24% SVR), £995 product fee

[FO19652] 80% LTV, increasing by 38bps from 2.51% to 2.89% (4.24% SVR), £0 product fee

[FO19653] 85% LTV, decreasing by 6bps from 1.84% to 1.75% (4.24% SVR), £995 product fee

[FO19954] 85% LTV, increasing by 38bps from 2.60% to 2.98% (4.24% SVR), £0 product fee

[FO19655] 90% LTV, decreasing by 6bps from 2.70% to 1.90% (4.24% SVR), £955 product fee

 

5 year fixed rate purchase

 

[FO19657] 60% LTV, decreasing by 45bps from 2.59% to 2.14% (4.24% SVR), £0 product fee

[FO19656] 60% LTV, decreasing by 14bps from 2.03% to 1.89% (4.24% SVR), £955 product fee

[FO19658] 70% LTV, decreasing by 24bps from 2.23% to 1.99% (4.24% SVR), £955 product fee

[FO19659] 70% LTV, increasing by 25bps from 2.65% to 3.03% (4.24% SVR), £0 product fee

[FO19660] 75% LTV, decreasing by 25bps from 2.24% to 1.99% (4.24% SVR), £955 product fee

[FO19661] 75% LTV, increasing by 31bps from 2.67% to 3.05% (4.24% SVR), £0 product fee

[FO19663] 80% LTV, increasing by 25bps from 2.79% to 3.17% (4.24% SVR), £0 product fee

[FO19662] 80% LTV, decreasing by 31bps from 2.38% to 2.09% (4.24% SVR), £955 product fee

[FO19665] 85% LTV, increasing by 88bps from 3.00% to 3.38% (4.24% SVR), £0 product fee

[FO19664] 85% LTV, decreasing by 25bps from 2.45% to 2.20% (4.24% SVR), £955 product fee

[FO19666] 90% LTV, decreasing by 88bps from 3.28% to 2.40% (4.24% SVR), £955 product fee

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Wednesday 27^th March 2019.

 

The supporting documentation for online applications on these products must be received in our Mortgage Centre in Birmingham by close of business on Wednesday 10^th April 2019.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Thursday 28^th March 2019. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

 

Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 1^st April 2019 for your rate to be honoured:

 

 

FREEPOST NatWest Intermediary Solutions

Mortgage Centre

Cartsdyke Avenue

Greenock

PA15 1ED

 

 

For a complete listing of all our mortgage products, please visit the product page on our web site.