NatWest has made rate reductions on selected core and semi-exclusive residential products.

Reductions of up to 15bps are available across its product portfolios for both new and existing customers.

Mark Bullard, head of sales, said: “These changes once again underline our commitment to the intermediary market. I’m pleased that we have been able to make rate reductions across our product range on a variety of LTV bandings.”

Changes are as follows:

New Business:

Intermediary Exclusives:

• Purchase: Rate reductions of up to 15bps on selected 5 year deals
• Remortgage: Rate reductions of up to 6bps on selected 5 year deals

Core Range:

• Purchase: Rate reductions of up to 6bps on selected 5 year deals
• Remortgage: Rate reductions of up to 10bps on selected 5 year deals

Existing Customers:

Core Range

• Switcher: Rate reductions of up to 6bps on selected 5 year deals

End dates:

• 2 Year Term End Dates Moving from 31 March 2022 to 30 June 2022
• 5 Year Term End Dates Moving from 31 March 2025 to 30 June 2025