NatWest offering 2.30% five-year fix for remortgages up to £750,000
NatWest for Intermediaries has launched a leading five-year remortgage rate.
It is fixed at 2.30% until 30th June 2016 and it is available borrowers with at least 40% equity in their property. The overall cost for comparison is 3.5% APR.
There is a £1,495 arrangement fee and the mortgage is available to a maximum of £750,000.
Aaron Strutt, product manager at Trinity Financial, says: "Some of the lenders are offering some great five-year fixes at the moment and they offer real value for money.
"NatWest will pay for the property valuation and legal fees, reducing the cost of remortgaging to a better deal."
After the fixed rate the mortgage reverts to NatWest’s standard variable rate, which is currently 4%.
If you would like help to switch to a better rate, call Trinity on 020 7016 0790.
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