New deals and rates cuts from RBS IP

RBS Intermediary Partners is adding new products to intermediary mortgage range on Friday 20 November as well as reducing other rates.

A new RBS two year tracker purchase mortgage is being added to the core range offering an initial rate of 4.79% (BoE rate +4.29%) for a maximum loan to value (LTV) of 90%.

In addition, there are two new exclusives. For Concordia there is a ‘low rate, high fee’ RBS two year fixed rate deal with an initial rate of 3.19% for a maximum 60% LTV and an arrangement fee of £2,499. And for L&G there is a five year first-time buyer deal with an initial rate of 6.99% for a maximum LTV of 90% with no arrangement fee.

Graham Felstead, RBS’s director of intermediary mortgages, said: “In response to requests from our business partners we have launched a new tracker mortgage to our core range plus a first-time buyer five year deal and a low rate