Mortgages

Natwest announce rate changes on selected core and semi-exclusive residential products

Warren Lewis
|
11th September 2019
NatWest

NatWest has announced that, from tomorrow, it will be refreshing rates for new and existing customers across core and semi-exclusive residential mortgage products.

The lender has confirmed that they are reducing rates by up to 15bps across their product portfolios, a summary of which is provided below:

New Business

A. 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

B. 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

C. Core Range

- Switcher: Rate reductions of 14bps across 60, 70, and 75% LTV deals

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.”

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