NatWest raises its fixed rate to 1.59% for £1 million plus mortgages
NatWest for Intermediaries has raised some of its rates, but is offering a range of leading mortgages suitable for larger loans.
One of the banks most competitively priced rates is fixed at 1.59% 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 is 3.8% APR.
Aaron Strutt, product manager at Trinity Financial, says: “NatWest has just increased some of its mortgage rates but they 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 unusual circumstances. They can also use a large percentage of bonus income for affordability purposes.”
For help to secure a mortgage, call Trinity on 020 7016 0790 or complete the enquiry form below.
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