NatWest Intermediary Solutions is making rate reductions across its new and existing customer product ranges.

For no-fee based product range, reductions are between 6bps and 256bps, while for fee based product range, the reductions are from 1bps to 46bps.

The lender is also making reductions of up to 130bps and 256bps across its Help to Buy shared equity purchase and remortgage ranges.

For existing customers, NatWest is making reductions of 12bps and 15bps on selected product switcher deals.

NatWest is also changing its end dates; two-year term end dates are moving from 31 March 2023 to 30 June 2023 and five-year term end dates are moving from 31 March 2026 to 30 June 2026.

Mark Bullard, head of sales at NatWest, said: “These reductions underline our commitment to the intermediary market and our improved service proposition.

“I’m delighted that we are making reductions across a wide selection of LTV bandings that support numerous customer types; from first time buyers, to those looking to purchase or for shared equity mortgages.”