NatWest increases mortgage rates by up to 0.20%

From tomorrow, NatWest is increasing rates across its core range residential and buy-to-let two and five year fixed rate mortgages and remortgages.

Related topics:  Mortgages
Rozi Jones
23rd October 2017
NatWest
"We have repositioned our portfolio to reflect the current market environment that’s anticipating an increase in base rate."

First-time buyer rates and shared equity scheme fixed rates will rise by 20bps.

Two and five-year fixed rate residential purchase rates will increase by between 16-20bps and remortgage rates by up to 15bps.

Two and five-year fixed rate buy-to-let purchase and remortgage products are rising by 10bps.

Mark Bullard, Head of Sales, commented: “We have repositioned our portfolio to reflect the current market environment that’s anticipating an increase in base rate.

"We continue to offer a very broad range of attractive deals for brokers and their customers and an appetite for buy-to-let business as demonstrated by the changes we made recently to our proposition and the further enhancements we have planned.”

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