NatWest increases core and exclusive BTL rates

Published on

NatWest is making rate changes across its core and exclusive ranges for buy-to-let products.

The changes are effective from 16 October.

For both core and exclusive ranges, NatWest is introducing a rate increase of 70bps on all buy-to-let products.

The summary of the rate changes are as follows:

New Business

Core Range

Buy To Let

Rate Changes

2 year fixed rate purchase

  • [FO24512] 60% LTV, increasing by 70bps from 1.35% to 2.05%, product fee £995
  • [FO24513] 60% LTV, increasing by 70bps from 2.24% to 2.94%, product fee £0
  • [FO24514] 70% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995
  • [FO24515] 70% LTV, increasing by 70bps from 2.56% to 3.26%, product fee £0
  • [FO24516] 75% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995
  • [FO24517] 75% LTV, increasing by 70bps from 2.67% to 3.37%, product fee £0

2 year fixed rate remortgage

  • [FO24525] 60% LTV, increasing by 70bps from 2.77% to 3.47%, product fee £0
  • [FO24524] 60% LTV, increasing by 70bps from 1.60% to 2.30%, product fee £995
  • [FO24526] 70% LTV, increasing by 70bps from 1.85% to 2.55%, product fee £995
  • [FO24527] 70% LTV, increasing by 70bps from 3.02% to 3.72%, product fee £0
  • [FO24528] 75% LTV, increasing by 70bps from 1.98% to 2.68%, product fee £995
  • [FO24529] 75% LTV, increasing by 70bps from 3.07% to 3.77%, product fee £0

5 year fixed rate purchase

  • [FO24519] 60% LTV, increasing by 70bps from 2.67% to 3.37%, product fee £0
  • [FO24518] 60% LTV, increasing by 70bps from 2.05% to 2.75%, product fee £995
  • [FO24521] 70% LTV, increasing by 70bps from 2.88% to 3.58%, product fee £0
  • [FO24520] 70% LTV, increasing by 70bps from 2.18% to 2.88%, product fee £995
  • [FO24522] 75% LTV, increasing by 70bps from 2.18% to 2.88%, product fee £995
  • [FO24523] 75% LTV, increasing by 70bps from 3.07% to 3.77%, product fee £0

5 year fixed rate remortgage

  • [FO24531] 60% LTV, increasing by 70bps from 2.94% to 3.64%, product fee £0
  • [FO24530] 60% LTV, increasing by 70bps from 2.05% to 2.75%, product fee £995
  • [FO24533] 70% LTV, increasing by 70bps from 3.38% to 4.08%, product fee £0
  • [FO24532] 70% LTV, increasing by 70bps from 2.31% to 3.01%, product fee £995
  • [FO24535] 75% LTV, increasing by 70bps from 3.47% to 4.17%, product fee £0
  • [FO24534] 75% LTV, increasing by 70bps from 2.32% to 3.02%, product fee £995

Exclusive

Buy To Let

Rate Changes

2 year fixed rate purchase

  • [FO24536] 60% LTV, increasing by 70bps from 1.60% to 2.30%, product fee £995, cashback £250
  • [FO24537] 60% LTV, increasing by 70bps from 1.81% to 2.51%, product fee £0
  • [FO24539] 70% LTV, increasing by 70bps from 2.34% to 3.04%, product fee £0, cashback £250
  • [FO24538] 70% LTV, increasing by 70bps from 1.74% to 2.44%, product fee £995, cashback £250
  • [FO24540] 75% LTV, increasing by 70bps from 1.74% to 2.44%, product fee £995, cashback £250
  • [FO24541] 75% LTV, increasing by 70bps from 2.34% to 3.04%, product fee £0, cashback £250

2 year fixed rate remortgage

  • [FO24549] 60% LTV, increasing by 70bps from 2.18% to 2.88%, product fee £0, cashback £250
  • [FO24548] 60% LTV, increasing by 70bps from 1.62% to 2.32%, product fee £995, cashback £250
  • [FO24551] 70% LTV, increasing by 70bps from 2.36% to 3.06%, product fee £0, cashback £250
  • [FO24550] 70% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995, cashback £250
  • [FO24552] 75% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995, cashback £250
  • [FO24553] 75% LTV, increasing by 70bps from 2.38% to 3.08%, product fee £0, cashback £250

5 year fixed rate purchase

  • [FO24542] 60% LTV, increasing by 70bps from 1.92% to 2.62%, product fee £995, cashback £250
  • [FO24543] 60% LTV, increasing by 70bps from 2.12% to 2.82%, product fee £0, cashback £250
  • [FO24545] 70% LTV, increasing by 70bps from 2.47% to 3.17%, product fee £0, cashback £250
  • [FO24544] 70% LTV, increasing by 70bps from 2.21% to 2.91%, product fee £995
  • [FO24547] 75% LTV, increasing by 70bps from 2.57% to 3.27%, product fee £0, cashback £250
  • [FO24546] 75% LTV, increasing by 70bps from 2.26% to 2.96%, product fee £995, cashback £250

5 year fixed rate remortgage

  • [FO24554] 60% LTV, increasing by 70bps from 1.98% to 2.68%, product fee £995, cashback £250
  • [FO24555] 60% LTV, increasing by 70bps from 2.14% to 2.84%, product fee £0, cashback £250
  • [FO24556] 70% LTV, increasing by 70bps from 2.27% to 2.97%, product fee £995, cashback £250
  • [FO24557] 70% LTV, increasing by 70bps from 2.56% to 3.26%, product fee £0, cashback £250
  • [FO24558] 75% LTV, increasing by 70bps from 2.27% to 2.97%, product fee £995, cashback £250
  • [FO24559] 75% LTV, increasing by 70bps from 2.56% to 3.26%, product fee £0, cashback £250

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Lendco products now live on Mortgage Brain platforms

Specialist buy-to-let lender Lendco has joined Mortgage Brain’s Sourcing Brain and Criteria Brain platforms. The...

NACFB appoints Nivo as official AI partner

The National Association of Commercial Finance Brokers has named Nivo as its official AI...

LiveMore raises LTVs across lifetime mortgage range

LiveMore has announced an increase in loan to value (LTV) limits across its lifetime...

The Mansfield widens expat BTL scope to include EU residents

Mansfield Building Society has extended its buy-to-let offering for expatriates to include applicants currently...

Protection market continues upward trend with strong Q1 figures

The UK protection market has seen a buoyant start to the year, with new...

Latest opinions

FCA wants to streamline mortgage rules, but advice still matters more than ever

The Financial Conduct Authority wants to simplify the rules around mortgages. In principle, that...

Seven things mortgage lenders can do to help landlords

As a mortgage broker, I receive countless emails from buy-to-let mortgage lenders boasting about...

Are you considering all product options for your customers?

Despite the ups and downs of the world’s money markets, today the UK Mortgage...

Execution-only or (Consumer) Duty of care? The FCA can’t have it both ways

Thankfully, there has been a growing amount of interest and analysis of the FCA’s...

Other news

Lendco products now live on Mortgage Brain platforms

Specialist buy-to-let lender Lendco has joined Mortgage Brain’s Sourcing Brain and Criteria Brain platforms. The...

NACFB appoints Nivo as official AI partner

The National Association of Commercial Finance Brokers has named Nivo as its official AI...

FCA wants to streamline mortgage rules, but advice still matters more than ever

The Financial Conduct Authority wants to simplify the rules around mortgages. In principle, that...
Advertisement