NatWest is making rate changes on selected core and semi-exclusive residential and buy-to-let products.
Mark Bullard, NatWest’s head of sales, said: “We’ve taken this opportunity to review our proposition to ensure it is in line with current market conditions.
“We have been able to make some significant rate reductions, emphasising our intent to make 2019 a successful year.”
A summary of the changes are as follows:
Core Range:
Remortgage
- Rate decreases of 12bps and 21bps on 60% and 70% two-year rate high value deals
- Rate decreases of up to 21bps on selected five-year rate high value deals
- Rate decreases of up to 50bps on selected two-year rate deals
- Rate decreases of up to 50bps on selected five-year rate deals
Buy-to-let:
Remortgage
- Rate decreases of up to 50bps on selected two-year rate deals
- Rate decreases of up to 50bps on selected five-year rate deals
- Rate decrease of up to 28bps and fee decrease on selected 60%, 70% and 75% deals
Semi Exclusives:
Remortgage
- Two new 90% LTV two-year rate deals
- Withdrawal of selected two-year fixed rate deals
Buy-to-let:
Remortgage
- Rate decrease of 4bps on 70% five-year rate deal
