NatWest offering 1.45% fix for £1 million plus mortgages
NatWest for Intermediaries is offering a range of mortgages suitable for larger loans.
One of the bank’s most competitively priced rates is fixed at 1.45% until 31 December 2017 and it has a lower than average £995 arrangement fee.
After the fixed period, the mortgage will revert to NatWest’s standard variable rate, which is currently 4%. The overall cost for comparison in 3.8% APR.
Aaron Strutt, product manager at Trinity Financial, says: “Some of the lenders have increased their rates recently but NatWest’s mortgages are still very competitively priced.
“Trinity has access to NatWest’s specialist large loan underwriters and they have the ability to assess applications differently.
“For example, they can work with complex income sources and unusal circumstances. They can also use a large percentage of bonus income for afforability purposes.”
*THIS RATE HAS NOW BEEN WITHDRAWN
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