NatWest have introduced rate changes on selected core and semi-exclusive residential products.
We are delighted to announce rate reductions of 14bps across our product portfolios for both new and existing customers.
Full details of the changes together with the transitional arrangements are detailed here.
Here’s a summary of the changes:
New Business
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
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
Core Range
- Switcher: Rate reductions of 14bps across 60, 70, and 75% LTV deals
There are no changes to end dates.
As a responsible lender, we have been able to make these changes whilst ensuring that we maintain our risk appetite and the quality of business we accept.
For a full summary of our changes, please click on the below link. Once you’ve clicked on the link, please scroll down to our ‘Latest News’ section and the product information is listed in our latest entry titled: “NatWest to make rate reductions to core and semi-exclusive deal to new and existing customers.”