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Natwest rates for existing client remortgage
simpson_77
Posts: 118 Forumite
Hi,
I'm currently with Natwest and going to take on a new product in the coming weeks (once the BofE decision has trickled down).
The rate I was being offered is 1.74% 60%LTV. but when I did a search this morning on L&C they are now offering a rate a 1.44% LTV. This was confirmed when I looked at the intermediaries website ( http://intermediary.natwest.com/home-options.asp?page=HOME/LATEST-NEWS/2016/03-AUGUST-PRODUCT-CHANGES ).
When I called Natwest the adviser said these are for new customers only unless they show on the main website. My question is is this correct? or am I going to need to change to get a rate near the 1.4-1.5 mark?
Cheers,
I'm currently with Natwest and going to take on a new product in the coming weeks (once the BofE decision has trickled down).
The rate I was being offered is 1.74% 60%LTV. but when I did a search this morning on L&C they are now offering a rate a 1.44% LTV. This was confirmed when I looked at the intermediaries website ( http://intermediary.natwest.com/home-options.asp?page=HOME/LATEST-NEWS/2016/03-AUGUST-PRODUCT-CHANGES ).
When I called Natwest the adviser said these are for new customers only unless they show on the main website. My question is is this correct? or am I going to need to change to get a rate near the 1.4-1.5 mark?
Cheers,
0
Comments
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You are looking for a customer retention product, not a remortgage product.
Remortgages are for borrowers new to the lender, not existing borrowers.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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