NatWest announces return to 90% LTV lending

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The two-year and five-year deals will be available from Wednesday 16 December and will apply to both NatWest and Royal Bank brands.

NatWest said the launch of these four new products underlined its commitment to supporting the financial capability of young homebuyers.

Gary Sutherland, head of mortgages and protection at NatWest said: “We are committed to helping people through the home buying journey, whether that’s customers’ moving house or taking their first step on to the property ladder.

“For first-time buyers, raising a deposit is still the biggest challenge. By reintroducing our 90% offering, we are pleased to be able to expand our support for the market to include both home movers and first-time buyers, making it easier to take their first step onto the housing ladder.”

The move comes just after NatWest launched its first ever ‘Green Mortgage’, which offers a discounted interest rate to customers purchasing a property with an Energy Efficiency Rating of A or B.

The Green Mortgage supports the bank’s pledge to help customers become more energy efficient with an ambition that 50% of the bank’s mortgage book is at or above EPC C or equivalent rating of C by 2030.