RBS unveils three new trackers

RBS Intermediary Partners (RBS IP) has launched three new base rate tracker mortgages, one for residential purchases (that includes shared equity schemes) and two for the buy-to-let market.

The RBS two-year base rate tracker is priced at 3.49%, 75% LTV with a £999 fee until 31 August 2011.

The NatWest buy-to-let two- year base rate tracker purchase deal comes at at 5.79%, 75% LTV with a £1,499 fee until 31 August 2011.

Finally, the NatWest buy-to-let two-year base rate tracker remortgage is priced at 5.89%, 75% LTV with a £1,999 fee until 31 August 2011.

Overpayments of up to 10% of the outstanding balance per annum are allowed during the initial deal period. ERC applies.

Graham Felstead, head of sales, RBS IP, said: “We are pleased that we are able to broaden the range of products that we offer our intermediary partners by launching these three tracker products. With the launch last week of our specialist shared equity scheme mortgages we will continue to support mortgage advisers with a choice of quality mortgages that they can offer their clients in the purchase