NatWest for Intermediaries has released a product update. For their latest products visit the product page on their website or the news section of their intermediary website. A summary of the changes is below. Contact us for more information.
Effective from Wednesday 15 July 2020
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Withdrawn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.