NatWest has introduced rate changes on selected core and semi-exclusive residential products and buy-to-let deals.
Changes are as follows:
New Business:
Intermediary Exclusives
- Purchase: Rate reductions of up to 10bps on 2 & 5 year 60-85% LTV products
- Remortgage: Rate reductions of up to 15bps on 2 & 5 year 60-85% LTV products
- Buy-to-let: Rate reductions of up to 15bps on 2 & 5 year 60-75% LTV products
Core Range
- Purchase: Rate reductions of up to 10bps on 2 & 5 year 60-85% LTV products
- Remortgage: Rate reductions of up to 10bps on 2 & 5 year 60-85% LTV products
- Buy-to-let: Rate reductions of up to 10bps on 2 & 5 year 60-75% LTV products
Existing Customers:
Core Range
- Switcher: Rate reductions of up to 10bps on 2 & 5 year 60-100% LTV products
- Buy-to-let Switcher: Rate reductions of up to 15bps on 2 & 5 year 60-90% LTV products
Mark Bullard, head of sales, said: “I’m pleased that we’re demonstrating our appetite to lend by making further rate reductions across a wide variety of products and LTV bandings.
“We have also taken this opportunity to make rate reductions in our buy-to-let portfolio, which comes quickly on the back of our recent positive changes to our buy-to-let calculator.”
