High net worth bank Coutts is making its mortgages range available to brokers and intermediaries.

The bank — which is part of NatWest Group — specialises in the million-pound-plus loans market, and offers tailor-made solutions to wealthier clients looking to purchase or remortgage a property. 

Its current product range includes fixed, tracker and offset products. In its fixed-rate range it is offering a two-year fix at 4.94% (at 60% LTV). This has an arrangement fee of 0.5% of the loan, with a minimum £1,000 fee and no maximum applied. 

Coutts offers a rate of 4.89% on its five-year fix  and 4.84% on its 10-year fix, both at 60% LTV. All these fixed rate products are available up to 90% LTV, with the same fee structure. 

Tracker deals start at base rate plus 0.99% — for a two-year deal at 60% LTV. The same fees apply as with the fixed rate range. 

Brokers offering these products are supported by a dedicated team of bankers.  

Coutts has created two new roles within the bank to support this new distribution channel. A national account managers and business develop manager will boost its existing business development team. 

Coutts real estate director Katherine O’Shea says: “Making our mortgages available to intermediaries not only shows our support to brokers, but also means we can help more clients achieve their property goals with a mortgage that suits their needs.”

NatWest mortgage distribution director Gary Sutherland adds: “NatWest Group is committed to delivering an intermediary strategy that helps the market to grow, supported by the best of expertise from across the bank.This change demonstrates our commitment to create a better experience for brokers, making it easier for them to work with us.”