It will be reducing rates on some of its 2 & 5 year 75% LTV residential deals and increasing rates of between 10-30bps on other residential deals.
The residential deals that are having their rates reduced are a 2 year fixed rate, decreasing to 2.55% from 2.69%, 75% LTV, £995 product fee and a 5 year fixed rate, decreasing to 3.65% from 3.75%, 75% LTV, £995 product fee.
There is one deal that is increasing its rate by 4bps, a 3 year fixed rate 80% LTV £0 product fee.
There are 20 deals that are increasing rates by 10bps, including fixed rates between 60% and 90% LTV.
Mark Bullard, Head of Sales, NatWest Intermediary Solutions said:
“We are continuing to receive a really good level of business from intermediaries. Having taken the opportunity to review our portfolio we are introducing changes that reflect current market conditions and will help us to balance our mix of business.”
