RBS IP launches new deals

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

There are also 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.

For Legal & General (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, director of intermediary mortgages at RBS IP, 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, high fee mortgage for the London market as exclusive deals for L&G and Concordia respectively. We are committed to supporting our intermediary partners with an attractive portfolio of products and excellent standards of service especially in the first-time buyer market."