NatWest has introduced rate changes to its core and semi-exclusive ranges of residential and buy-to-let purchase mortgages and remortgages.
There is also an introduction of new semi-exclusive two-year residential products.
Mark Bullard, head of sales, said: “We’ve taken this opportunity to reposition our portfolio to reflect the current market conditions. There are some significant rate reductions in certain product lines, and we’re making changes to the end dates of both two and five-year term deals.
“I’m pleased that we are also able to introduce some more two-year fixed exclusive products to the portfolio.”
The changes are as follows:
CORE RANGE
Residential
RATE CHANGES
2 year fixed rate purchase
- [FO17809] 95% LTV, decreasing by 14bps from 3.71% to 3.57% (4.0% APRC, 3.99% SVR), £0 product fee
5 year fixed rate purchase
- [FO17904] 95% LTV, decreasing by 19bps from 4.43% to 4.24% (4.2% APRC, 3.99% SVR), £0 product fee
- [FO17859] 70% LTV, increasing by 1bps from 1.99% to 2.00% (3.3% APRC, 3.99% SVR), £995 product fee, £250 cashback
- [FO17869] 80% LTV, increasing by 3bps from 2.18% to 2.21% (3.4% APRC, 3.99% SVR), £995 product fee, £250 cashback
- [FO17870] 85% LTV, increasing by 2bps from 2.34% to 2.36% (3.4% APRC, 3.99% SVR), £995 product fee, £250 cashback
Buy-to-let
RATE CHANGES
2 year fixed rate purchase
- [FO17804] 60% LTV, decreasing by 10bps from 1.84% to 1.74% (4.2% APRC, 4.49% SVR), £995 product fee
- [FO17824] 70% LTV, decreasing by 8bps from 2.63% to 2.56% (4.3% APRC, 4.49% SVR), £0 product fee
- [FO17806] 70% LTV, decreasing by 15bps from 2.12% to 1.97% (4.3% APRC, 4.49% SVR), £995 product fee
- [FO17826] 75% LTV, decreasing by 5bps from 2.72% to 2.67% (4.3% APRC, 4.49% SVR), £0 product fee
5 year fixed rate purchase
- [FO17932] 60% LTV, decreasing by 11bps from 2.88% to 2.77% (3.9% APRC, 4.49% SVR), £0 product fee
- [FO17906] 75% LTV, decreasing by 20bps from 2.99% to 2.79% (4.0% APRC, 4.49% SVR), £995 product fee
- [FO17931] 60% LTV, increasing by 2bps from 2.28% to 2.30% (3.8% APRC, 4.49% SVR), £995 product fee
Semi-Exclusives
Residential
NEW
2 year fixed rate purchase
- [FO17948] 80% LTV, 1.87% (3.8% APRC, 3.99% SVR), £995 product fee, £350 cashback
- [FO17949] 90% LTV, 1.98% (3.8% APRC, 3.99% SVR), £995 product fee, £350 cashback
RATE CHANGES
5 year fixed rate purchase
- [FO17917] 60% LTV, decreasing by 2bps from 2.35% to 2.33% (3.4% APRC, 3.99% SVR), £0 product fee, £500 cashback
- [FO17903] 60% LTV, decreasing by 2bps from 1.91% to 1.89% (3.3% APRC, 3.99% SVR), £995 product fee, £350 cashback
- [FO17918] 70% LTV, decreasing by 1bps from 1.95% to 1.94% (3.3% APRC, 3.99% SVR), £995 product fee, £350 cashback
- [FO17920] 75% LTV, decreasing by 1bps from 1.95% to 1.94% (3.3% APRC, 3.99% SVR), £995 product fee, £350 cashback
- [FO17928] 80% LTV, decreasing by 1bps from 2.05% to 2.04% (3.4% APRC, 3.99% SVR), £995 product fee, £350 cashback
- [FO17914] 85% LTV, decreasing by 3bps from 2.62% to 2.59% (3.5% APRC, 3.99% SVR), £0 product fee, £500 cashback
- [FO17929] 90% LTV, decreasing by 3bps from 2.49% to 2.46% (3.5% APRC, 3.99% SVR), £995 product fee, £350 cashback
- [FO17921] 75% LTV, increasing by 3bps from 2.43% to 2.45% (3.5% APRC, 3.99% SVR), £0 product fee, £500 cashback
- [FO17837] 80% LTV, increasing by 3bps from 2.46% to 2.47% (3.5% APRC, 3.99% SVR), £0 product fee, £500 cashback
5 year fixed rate remortgage
- [FO17922] 60% LTV, decreasing by 2bps from 1.91% to 1.89% (3.3% APRC, 3.99% SVR), £995 product fee
- [FO17923] 60% LTV, decreasing by 4bps from 2.13% to 2.09% (3.3% APRC, 3.99% SVR), £0 product fee
- [FO17924] 70% LTV, decreasing by 1bps from 1.95% to 1.94% (3.3% APRC, 3.99% SVR), £995 product fee
- [FO17930] 70% LTV, decreasing by 5bps from 2.19% to 2.14% (3.3% APRC, 3.99% SVR), £0 product fee
- [FO17925] 75% LTV, decreasing by 1bps from 1.95% to 1.94% (3.3% APRC, 3.99% SVR), £995 product fee, £350 cashback
- [FO17916] 80% LTV, decreasing by 5bps from 2.15% to 2.10% (3.4% APRC, 3.99% SVR), £995 product fee
- [FO17838] 85% LTV, decreasing by 6bps from 2.34% to 2.28% (3.5% APRC, 3.99% SVR), £995 product fee
- [FO17840] 90% LTV, decreasing by 23bps from 2.69% to 2.46% (3.5% APRC, 3.99% SVR), £995 product fee
Buy-to-let
Withdrawals
2 year fixed rate purchase
- [FO17239] 75% LTV, 2.71% (4.3% APRC, 4.49% SVR), £0 product fee
RATE CHANGES
2 year fixed rate purchase
- [FO17818] 60% LTV, decreasing by 18bps from 1.83% to 1.65% (4.2% APRC, 4.49% SVR), £995 product fee
- [FO17784] 70% LTV, decreasing by 9bps from 2.02% to 1.93% (4.2% APRC, 4.49% SVR), £995 product fee
- [FO17829] 75% LTV, decreasing by 14bps from 2.07% to 1.93% (4.2% APRC, 4.49% SVR), £995 product fee
5 year fixed rate purchase
- [FO17886] 60% LTV, decreasing by 9bps from 2.41% to 2.32% (3.7% APRC, 4.49% SVR), £0 product fee
- [FO17882] 60% LTV, increasing by 2bps from 2.09% to 2.11% (3.8% APRC, 4.49% SVR), £995 product fee
- [FO17842] 70% LTV, increasing by 10bps from 2.61% to 2.71% (3.9% APRC, 4.49% SVR), £0 product fee
- [FO17927] 70% LTV, increasing by 6bps from 2.55% to 2.61% (3.9% APRC, 4.49% SVR), £995 product fee
- [FO17843] 75% LTV, increasing by 1bps from 2.74% to 2.75% (3.9% APRC, 4.49% SVR), £995 product fee
- [FO17887] 75% LTV, increasing by 6bps from 2.55% to 2.61% (3.9% APRC, 4.49% SVR), £995 product fee
2 year fixed rate remortgage
- [FO17774] 60% LTV, decreasing by 2bps from 2.00% to 1.88% (4.3% APRC, 4.49% SVR), £995 product fee
- [FO17776] 70% LTV, decreasing by 12bps from 2.06% to 1.94% (4.3% APRC, 4.49% SVR), £995 product fee
- [FO17778] 75% LTV, decreasing by 8bps from 2.19% to 2.11% (4.3% APRC, 4.49% SVR), £995 product fee
5 year fixed rate remortgage
- [FO17878] 70% LTV, decreasing by 1bps from 2.68% to 2.67% (4.0% APRC, 4.49% SVR), £995 product fee
- [FO17890] 75% LTV, decreasing by 1bps from 2.68% to 2.67% (4.0% APRC, 4.49% SVR), £995 product fee
- [FO17877] 60% LTV, increasing by 1bps from 2.20% to 2.21% (3.8% APRC, 4.49% SVR), £995 product fee
End Dates:
- 2 Year Term End Dates Moving from 30/11/2020 to 31/12/2020
- 5 Year Term End Dates Moving from 30/11/2023 to 31/12/2023
