RBS and NatWest set their lowest ever rates for 60% loan to value mortgages

RBS and NatWest set their lowest ever rates for 60% loan to value mortgages

RBS and NatWest are helping customers to get a great mortgage deal today by reducing all of their residential mortgage rates and offering their lowest ever rates for two, three and five year 60% loan-to-value (LTV) products.

Supporting individuals

28 January 2015

RBS and NatWest are helping customers to get a great mortgage deal by reducing all of their residential mortgage rates.

Homebuyers will be able to take advantage of great rates at the bank, today, in branch or over the telephone. 

60% LTV products remain the most popular in the market with customers and the bank is offering rates of 1.49%, 1.99% and 2.49% for their two, three and five year terms respectively, with a product fee of £1495. RBS and NatWest’s rates for customers with a 40% or more deposit are within the top three most competitive rates amongst the big eight mortgage lenders. The maximum loan size is set at £750,000, which also compares well with the rest of the market.

The highest rate fall for the bank’s higher LTV products is on their 90% five year fixed rate product; falling from 5.33% to 4.39%, with no fee. The next biggest fall is for a first-time buyer product; 90% five year fixed rate, decreasing from 5.23% to 4.35%, with no fee. Rates have been decreased on Help to Buy and other government scheme products by as much as 0.20%.

The bank has also introduced some new products with low rates in their range for existing mortgage customers.

Lloyd Cochrane, Head of Mortgages at RBS and NatWest said: “I’m delighted to be able to offer lower rates to customers and some of our best ever rates on lower loan to value mortgages. We want to continue with strong growth in our mortgage lending to homebuyers in 2014, helping as many customers as possible to buy their home as we play our role in the recovery and the future growth of the UK”.

RBS and NatWest’s gross new mortgage lending to customers in Q3 2014 was £15.1bn. In Q3 mortgage lending stock grew almost to £103bn.


This information is not a financial promotion and is for media use.


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