NatWest revises rates on core and exclusive deals

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NatWest is making rate changes across both its New and Existing Customer ranges.

For their new business products the lender is reintroducing a selection of broker exclusive two and five-year fee based purchase products.

It has also made rate increases to their new business purchase products and switcher products respectively.

Mark Bullard, head of sales at NatWest, said: “We are pleased to re-introduce some broker exclusives as well taking the opportunity to review our proposition to ensure it is in line with current market conditions.”

Rate changes are as follows:

New Business:

Core Range:

  • Purchase: Rate increases of up to 35bps on selected 2 year deals and up to 25bps on selected 5 year deals

Exclusives:

  • Purchase – New Products: Launch of 2 & 5 year fee based purchase products

Existing Customer:

Core Range

  • Switchers: Rate increases of up to 26bps on selected 2 year deals and up to 15bps on selected 5 year deals