Royal Bank of Scotland and NatWest launch new fixed and tracker rates
www.moneynews.co.uk > Mortgages > Royal Bank of Scotland and NatWest launch new fixed and tracker rates
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Money News |
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Royal Bank of Scotland and NatWest launch new fixed and tracker rates
Wed 20th Aug 2008
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The new rates are intended to help borrowers coming to the end of their current deals.
Two rates are available, both of which can be fixed for two, three, five, seven or ten years and which carry a £899 fee.
One option is for those requiring up to 75 per cent loan to value (LTV) while the other is for those needing up to 95 per cent LTV.
Rates range from 5.99 per cent to 6.54 per cent.
In related news, price comparison website moneysupermarket.com has called attention to "mortgage swings and roundabouts".
It noted that over the past year, rates have risen, but fees have fallen.
Louise Cuming, head of mortgages at the website, said that while attractive headline rates could come with high fees, lenders are "being much more transparent now about the true cost to the consumer and where their profit comes from".
Click here for more mortgage news.
Related News : Mortgages |
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Related News : NatWest |
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