Its 3 year fixed rate 70% LTV residential deal is being cut by 13bps to 2.38% and its 3 year fixed rate 75% buy-to-let 75% deal is dropping 11bps to 3.45%.
The reductions include:
- 2 year fixed rate, reducing from 1.84% to 1.81%, 60% LTV
- 3 year fixed rate, reducing from 2.29% to 2.28%, 60% LTV
- 3 year fixed rate, reducing from 2.51% to 2.38%, 70% LTV
- 3 year fixed rate, reducing from 2.68% to 2.64%, 75% LTV
- 5 year fixed rate, reducing from 2.84% to 2.83%, 60% LTV
- 2 year tracker, reducing from 1.64% to 1.61%, 60% LTV
All with a £995 product fee.
The buy-to-let purchase and remortgage deal having a rate increase is:
- 3 year fixed rate, increasing from 3.34% to 3.45%, 75% LTV, £1,995 product fee
Mark Bullard, Head of Sales, NatWest Intermediary Solutions said:
“Last month we made significant reductions to the majority of our mortgage deals in our intermediary range. The lower LTV market continues to be the largest and most competitive sector so we have been able to trim rates further to offer brokers even better deals for their customers.”
