UK bank NatWest has launched two new mortgage deals aimed at first time buyers and the buy to let market, according to a report on financial news portal easier.com.
<p>The new first time buyers' deal offers a rate of 5.29% to customers looking to borrow over 90% loan to value on their first home. The package also comes with no higher lending charge, no arrangement fee and a free valuation.<br /><br />The buy to let mortgage has a rate of 4.99% for two years and is available up to 80% loan to value, with an arrangement fee of GBP695. The mortgage also has an annual 10% overpayment option.<br /><br />Guy Aldwinckle, head of NatWest mortgages, said: Once again NatWest is able to introduce great mortgage deals that meet the evolving needs of our customers. NatWest aims to give a helping hand to first time buyers at the time they need it most and this new deal with no arrangement fee, no higher lending charge and free valuation really does just that.</p>