NatWest introduces direct-only mortgage

Source: NatWest

The two year fixed at 5.79% is available to customers who apply online or over the phone.

Guy Aldwinckle, Head of NatWest Mortgages, said: "NatWest is constantly looking to improve its mortgage range and offer customers a choice of how they do business with us, so we're pleased to be able to introduce this limited edition direct-only deal which is cheaper than our standard fixed rate. Pressure is high for competitive fixed rates and indeed consumers are becoming more demanding about the way they want to buy their financial products and shopping direct is increasingly popular."

Given the uncertainty around interest rates, customers are keen to take fixed products and the new NatWest limited edition deal is a strong offer at 5.79% fixed for two years with a product fee of just £499. It is available with up to 75% loan to value and an annual 10% overpayment option which means that every year, customers can overpay by a maximum of 10% of their outstanding mortgage balance without incurring an Early Repayment Charge.

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