5 Oct

Natwest launches new loans to buy houses for sale in Britain

Natwest launches new loans to buy houses for sale in Britain

Natwest has teamed up with the Royal Bank of Scotland to launch new mortgage rates to help homebuyers purchase houses for sale in the UK.

The new loans have been released today (October 5th 2010) and include a fee-free 2.75 per cent deal for homeowners looking to remortgage their property and have 50 per cent of the equity.

New customers can take advantage of the two-year fixed-rate offer by visiting a branch or phoning up and can receive £250 cash back.

Another product that the financial services providers have launched is the five-year fixed-rate purchase or remortgage offer.

This is available at 4.39 per cent and customers are expected to have 40 per cent of the value of the property to be accepted.

Last week, Lloyds released home loans which come with low rates in order to help people get on the property ladder and buy a property for sale in Britain.

These include a fixed-rate mortgage at 3.99 per cent with a loan-to-value of 70 per cent. ADNFCR-1222-ID-800099967-ADNFCR

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