From tomorrow (July 2) NatWest is making a range of rate cuts across both its existing and new customer product ranges.
Rates have been reduced by 23bps and 12bps on selected two- and five-year purchase deals. The lender has also lowered rates on selected two- and five-year remortgage deals by 13bps and 8bps.
NatWest has dropped rates in its buy-to-let (BTL) remortgage and green remortgage range on selected two- and five-year deals by 18bps and 14bps.
Rates have been lowered by 13bps and 8bps on selected two- and five-year deals within the remortgage high value product range.
Other changes include:
Purchase – high value: Rate decrease of up to 10bps and 6bps on selected two- and five-year deals.
First-time buyer: Rate decrease of up to 5bps and 6bps on selected two- and five-year deals.
Shared equity – purchase: Rate decrease of up to 8bps and 12bps on selected two- and five-year deals.
Help to Buy shared equity – remortgage: Rate decrease of up to 6bps on selected two- and five-year deals.
BTL – purchase: Rate decrease of up to 3bps and 7bps on selected two- and five-year deals.
Green – purchase: Rate decrease of up to 6bps on selected two- and five-year deals.
Green – remortgage: Rate decrease of up to 6bps and 8bps on selected two- and five-year deals.
BTL green – purchase: Rate decrease of up to 3bps and 7bps on selected two- and five-year deals.
Switcher product rates for existing customers have been cut by 8bps and 7bps on selected two- and five-year deals.
