Thread: NatWest 2 year tracker mortgage - 1.99% (Tracks +1.49% above NatWest Bank Base Rate)

NatWest are offering a 2 year tracker mortgage with an interest rate of 1.99% (Tracks +1.49% above NatWest Bank Base Rate). The mortgage costs £999 to setup and you must have at least 60% Loan To Value (LTV).

NatWest Mortgages

Initial Rate 1.99% (Tracks +1.49% above NatWest Bank Base Rate )
Option to switch to fixed rate from three months after completion
Initial rate expires 28/02/2013
Rate thereafter 4%
Overall cost for comparison 3.9% APR
Product fee £999
Option to add product fee to mortgage Yes
Eligibility
New NatWest mortgage customers (including first time buyers) purchasing a house.

Existing NatWest mortgage customers moving home.

Minimum deposit 40%
Minimum loan amount £25,000
Early repayment charge 3% until 28/02/2013
Free standard valuation N/A
Legal fees paid N/A
Cashback N/A
Overpayments permitted 10% of outstanding mortgage balance each year without extra charge