NatWest is to introduce rate changes on selected core and semi-exclusive residential products tomorrow (12 September).
The lender is reducing rates by up to 15bps across its product portfolios for both new and existing customers.
Changes are as follows:
New Business:
Intermediary Exclusives:
- Purchase: Rate reductions of 14bps across 60, 70, and 75% LTV deals
- Remortgage: Rate reductions of 14bps across 60, 70, and 75% LTV deals
Core Range:
- Purchase: Rate reductions of 14bps across 60, 70, and 75% LTV deals
- Remortgage: Rate reductions of 14bps across 60, 70, and 75% LTV deals
Existing Customers:
Core Range:
- Switcher: Rate reductions of 14bps across 60, 70, and 75% LTV deals
There are no changes to end dates.
Mark Bullard, head of sales, said: “I’m pleased that we’re further demonstrating our appetite to lend by making rate reductions across a wide variety of products and LTV bandings and are focusing on new and existing customers.”
