Twitter Facebook RSS FEEDS

NatWest cuts mortgage rates

Tuesday, 5 August 2008 12:00 AM

The NatWest Bank has announced it is to cut the interest on its fixed-rate mortgage products in response to a sustained fall in industry Swap rates.

Rates will be cut by as much as 0.30 per cent on the shorter-term fixed-rate deals, with the majority of new fixed and tracker mortgages lowered by at least 0.10 per cent.

Announcing the change Andy Fell, director of branch mortgages at NatWest, said "In these uncertain times, we are committed to helping borrowers who are looking for either their first mortgage or a new competitive deal.

"We are giving practical support by providing lower rates on all our fixed and tracker mortgages and at the same time, we still have discounts on arrangement fees of £100."

NatWest also confirmed today it was to launch a three-year step down tracker, which is completely fee free - with no set up fees, no legal, valuations or CHAPS (Clearing House Automated Payment System) fees to pay for a standard re-mortgage.

The step down tracker has a decreasing rate of interest across the three-years and also offers customers a 'Track & Switch' facility, allowing customers to switch to a NatWest fixed-rate mortgage product after three months if they wish.

The deals are available through Royal Bank of Scotland (RBS) - NatWest's parent company - and NatWest branches.

Chris O'Toole

Related stories

HBOS cuts mortgage rates

HBOS cuts mortgage rates

HBOS cuts mortgage rates

 NatWest and RBS cut rates

NatWest and RBS cut rates

NatWest and RBS cut rates
Leeds cuts mortgage rates

Leeds cuts mortgage rates

Leeds cuts mortgage rates

 Abbey cuts mortgage rates

Abbey cuts mortgage rates

Abbey cuts mortgage rates
Abbey cuts mortgage rates further

Abbey cuts mortgage rates further

Abbey cuts mortgage rates further

 Yorkshire cuts mortgage rates by 0.5%

Yorkshire cuts mortgage rates by 0.5%

Yorkshire cuts mortgage rates by 0.5%
Abbey cuts mortgage rates again

Abbey cuts mortgage rates again

Abbey cuts mortgage rates again

 AboutProperty.co.uk

Nationwide to cut mortgage rates

Nationwide is set to cut mortgage rates on a range of its products this week.
Hoipe for mortgage rate cuts

Mortgage hope as Bank of England cuts interest rates

Mortgage hope as Bank of England cuts interest rates

First Direct cuts mortgage rates

First Direct cuts mortgage rates

First Direct cuts mortgage rates

Search property

Headlines

Directory

Alaris

Alaris Logo
Alaris specialise in quality Bathrooms and Kitchens along with many other unique products for your home. The range of kitchens, kitchen worktops and bathrooms is extensive and the highest quality so you are sure to find what you want. New bathroom furniture, bathroom suites, taps, showers and cabinets are added regularly.

Bathrooms365

Bathrooms365 Logo
Bathroom365 supply all areas of your new bathroom - leading-edge designed bathroom suites, stylish bathroom taps and showers, all styles and forms of shower enclosures and a vast collection of bathroom furniture.

Fitmykitchen

Fitmykitchen Logo
Fitmykitchen are specialist suppliers of kitchen appliances, sink taps, waste bins and furniture. So whatever you want from kitchen sink taps to waste bins look no further than fitmykitchen, UK, the specialist suppliers of kitchen appliances, stainless steel sink taps, waste bins and kitchen furniture.

MyStampDuty

MyStampDuty Logo
We help people buying property all over the UK to minimise Stamp Duty Land Tax on residential and commercial property. If you are looking at purchasing a new home or business premises over £500,000, contact us today by completing the form on the right

Oak Furniture Land

Oak Furniture Land Logo
For hardwood furniture, including Solid Oak, Mango, Mahogany, Sheesham, Acacia, Ash and Birch, look no further than Oak Furniture Land.

Rated People

Rated People Logo
Whatever type of home improvement or garden remodelling project you have, Rated People can help you to identify the right tradesmen for the job in a way that is quick, easy, convenient and, as it is based on real-life recommendations, trustworthy.

Residential Land

Residential Land Logo
If you are looking for short or long term rentals in Central London, Residential Land have a portfolio of over 1200 flats and houses in the best postcodes across the Capital.

Simply Bedrooms

Simply Bedrooms Logo
Simply Bedrooms, a part of Sleepwell Bedrooms Ltd, supplying quality beds, wardrobes, sliding door wardrobes and bedroom furniture at low prices and great service, London and Home Counties Specialists.

Door Handles UK

Door Handles UK Logo
Door Handles UK is the UK's largest online range of Door Handle accessories, Door Hinges, Locks and Latches and so much more and all at genuine internet prices. We have a wide range of Chrome, Brass and Glass Crystal Mortice door knobs in both traditional and contemporary designs, whatever your taste and budget you will find a design to suit.

Woodlands Furniture

Woodlands Furniture Logo
We are an established family business situated in rural Herefordshire specialising in beautiful handcrafted classic reproduction furniture. Our comprehensive ranges are readily available from stock.

WowBBQ

WowBBQ Logo
Welcome to the World of Weber. We are the largest independent online Weber BBQ retailer in the United Kingdom. WOWbbq.co.uk is a Weber Partner Store and can give you the best advice for all your Weber BBQ needs.

Join our directory aboutproperty.co.uk

Twitter

Join the conversation at #aboutproperty

Directory articles

A guide to finding the right kitchen sink

When redesigning a kitchen or giving the room a makeover, it is important not to forget about the less obvious aspects of the space. Kitchen sinks are an essential fitting, but often overlooked, despite the fact there is a wide choice of styles available.

Useful tips to help find a flat in London

Looking for flats in London can be a frustrating process, given the capital's size, demand for rental accommodation and varying prices. It is vital, therefore, that you do plenty of research and act quickly to ensure you get the place that you want.

What do you need to consider when buying a mattress?

If you looking for a new mattress, you need to get the decision right, as getting it wrong could impact on your overall health and wellbeing. As well as comfort and size, you also need to consider other points, such as any health issues you may have.