It is also introducing a number of new 70% buy-to-let mortgages for intermediaries and making some significant rate reductions to many of its existing buy-to-let products.
Residential 5 year fixed rate deals include a 60% LTV reduced from 2.30% to 2.19% and a 70% LTV reduced from 2.65% to 2.58%.
The new buy-to-let deals offer brokers a choice of fee or no fee over 2, 3 and 5 year terms. The existing buy-to-let deals will see reductions of up to 44bps across the 2, 3 and 5 year fixed rate and 2 year tracker products.
Paul Kane, Acting Head of Sales, NatWest Intermediary Solutions said:
“We have had a sustained focus on growing our presence in the buy-to-let sector and I would expect that these rate changes and the introduction of the new 70% LTV deals will further enhance our proposition for mortgage advisers.”
