RBS offers fixed two-year mortgage at 5.74 percent

Royal Bank of Scotland (RBS) who also own NatWest are offering a fantastic new two-year fixed rate deal for new and existing customers who have 75 percent loan-to-value on their home.

The new 2-year deal is offered by RBS or NatWest will also have a reduced lenders fee down from £999 to just £499. For new purchases you will need at least 25 percent deposits to put down on the value of the home.

The chief executive of the Retail Banking in RBS, Paul Geddes said that they will continue to grow their mortgage market presence. RBS new mortgage lending is up 28 percent year on year.

Source: Telegraph