NatWest have introduced rate changes on selected core and semi-exclusive residential products.

NatWest are delighted to be able to announce rate reductions of up to 16bps across our fixed rate product portfolios for both new and existing customers.

Here’s a summary of the changes:

New Business

Intermediary Exclusives

  • Purchase: Rate reductions of up to 16bps on selected 2 year deals and up to 12bps on selected 5 year deals
  • Remortgage: Rate reductions of up to 16bps on selected 2 year deals and up to 12bps on selected 5 year deals
  • Remortgage Tracker: Rate increase of 5bps on 75% LTV deal

Core Range

  • Purchase: Rate reductions of up to 16bps on selected 2 year deals and up to 12bps on selected 5 year deals
  • Remortgage: Rate reductions of up to 16bps on selected 2 year deals and up to 12bps on selected 5 year deals

Existing Customers

Core Range

  • Switcher: Rate reductions of up to 16bps on 2 year fixed and up to 12bps on 5 year fixed across 60, 70, 75 & 80% LTV deals

Here’s a full list the changes with product codes in brackets:

New Business

Core Range

Residential

Rate Changes

2 year fixed rate purchase

  • [FO21129] 60% LTV, decreasing by 7bps from 1.28% to 1.21%, product fee £995, £250 cashback
  • [FO21130] 70% LTV, decreasing by 16bps from 1.39% to 1.23%, product fee £995, £250 cashback
  • [FO21131] 75% LTV, decreasing by 14bps from 1.39% to 1.25%, product fee £995, £250 cashback
  • [FO21132] 80% LTV, decreasing by 12bps from 1.53% to 1.41%, product fee £995, £250 cashback

2 year fixed rate remortgage

  • [FO21137] 60% LTV, decreasing by 8bps from 1.42% to 1.34%, product fee £995, £250 cashback
  • [FO21138] 70% LTV, decreasing by 16bps from 1.51% to 1.35%, product fee £995, £250 cashback
  • [FO21139] 75% LTV, decreasing by 14bps from 1.51% to 1.37%, product fee £995, £250 cashback
  • [FO21140] 80% LTV, decreasing by 16bps from 1.67% to 1.51%, product fee £995, £250 cashback

2 year fixed rate remortgage – high value

  • [FO21161] 60% LTV, decreasing by 8bps from 1.41% to 1.33%, product fee £995, £250 cashback
  • [FO21162] 70% LTV, decreasing by 16bps from 1.50% to 1.34%, product fee £995, £250 cashback

2 year tracker rate remortgage

  • [TO4939] 75% LTV, increasing by 5bps from 1.39% to 1.44%, product fee £995, £250 cashback

5 year fixed rate purchase

  • [FO21133] 60% LTV, decreasing by 3bps from 1.58% to 1.55%, product fee £995, £250 cashback
  • [FO21134] 70% LTV, decreasing by 2bps from 1.67% to 1.65%, product fee £995, £250 cashback
  • [FO21135] 75% LTV, decreasing by 2bps from 1.67% to 1.65%, product fee £995, £250 cashback
  • [FO21136] 80% LTV, decreasing by 12bps from 1.97% to 1.85%, product fee £995, £250 cashback

5 year fixed rate remortgage

  • [FO21141] 60% LTV, decreasing by 1bps from 1.60% to 1.59%, product fee £995, £250 cashback
  • [FO21142] 70% LTV, decreasing by 2bps from 1.68% to 1.66%, product fee £995, £250 cashback
  • [FO21143] 75% LTV, decreasing by 2bps from 1.68% to 1.66%, product fee £995, £250 cashback
  • [FO21144] 80% LTV, decreasing by 12bps from 2.01% to 1.89%, product fee £995, £250 cashback

5 year fixed rate remortgage – high value

  • [FO21163] 60% LTV, decreasing by 1bps from 1.59% to 1.58%, product fee £995, £250 cashback
  • [FO21164] 70% LTV, decreasing by 2bps from 1.67% to 1.65%, product fee £995, £250 cashback
  • [FO21165] 75% LTV, decreasing by 2bps from 1.67% to 1.65%, product fee £995, £250 cashback

Exclusive

Residential

Rate Changes

2 year fixed rate purchase

  • [FO21146] 70% LTV, decreasing by 16bps from 1.40% to 1.24%, product fee £995
  • [FO21147] 75% LTV, decreasing by 14bps from 1.40% to 1.26%, product fee £995

2 year fixed rate remortgage

  • [FO21154] 70% LTV, decreasing by 16bps from 1.40% to 1.24%, product fee £995
  • [FO21155] 75% LTV, decreasing by 14bps from 1.40% to 1.26%, product fee £995

5 year fixed rate purchase

  • [FO21149] 60% LTV, decreasing by 3bps from 1.57% to 1.54%, product fee £995
  • [FO21150] 70% LTV, decreasing by 2bps from 1.61% to 1.59%, product fee £995
  • [FO21151] 75% LTV, decreasing by 2bps from 1.61% to 1.59%, product fee £995
  • [FO21152] 80% LTV, decreasing by 12bps from 1.91% to 1.79%, product fee £995

5 year fixed rate remortgage

  • [FO21158] 70% LTV, decreasing by 2bps from 1.61% to 1.59%, product fee £995
  • [FO21159] 75% LTV, decreasing by 2bps from 1.61% to 1.59%, product fee £995
  • [FO21160] 80% LTV, decreasing by 12bps from 1.91% to 1.79%, product fee £995

New Products

2 year fixed rate purchase

  • [FO21145] 60% LTV, 1.19%, product fee £995
  • [FO21148] 80% LTV, 1.45%, product fee £995

2 year fixed rate remortgage

  • [FO21153] 60% LTV, 1.19%, product fee £995
  • [FO21156] 80% LTV, 1.45%, product fee £995

5 year fixed rate remortgage

  • [FO21157] 60% LTV, 1.54%, product fee £995

Withdrawals

2 year fixed rate purchase

  • [FO20916] 60% LTV, 1.30%, product fee £995, £250 cashback
  • [FO20860] 80% LTV, 1.61%, product fee £995, £250 cashback

2 year fixed rate remortgage

  • [FO20923] 60% LTV, 1.31%, product fee £995, £250 cashback
  • [FO20868] 80% LTV, 1.65%, product fee £995, £250 cashback

5 year fixed rate remortgage

  • [FO21083] 60% LTV, 1.57%, product fee £995, £250 cashback

Existing Customer

Core Range

Residential

Rate Changes

2 year fixed rate switcher

  • [FO21166] 60% LTV, decreasing by 8bps from 1.48% to 1.40%, product fee £995
  • [FO21167] 70% LTV, decreasing by 16bps from 1.57% to 1.41%, product fee £995
  • [FO21168] 75% LTV, decreasing by 14bps from 1.57% to 1.43%, product fee £995
  • [FO21169] 80% LTV, decreasing by 16bps from 1.68% to 1.52%, product fee £995

5 year fixed rate switcher

  • [FO21170] 60% LTV, decreasing by 1bps from 1.68% to 1.67%, product fee £995
  • [FO21171] 70% LTV, decreasing by 2bps from 1.78% to 1.76%, product fee £995
  • [FO21172] 75% LTV, decreasing by 2bps from 1.78% to 1.76%, product fee £995
  • [FO21173] 80% LTV, decreasing by 12bps from 2.02% to 1.90%, product fee £995

For a complete listing of all our mortgage products, please visit the product page on our web site.