The Standard Variable Rates (SVRs) for our residential and buy-to-let mortgages have increased by 0.25% to reflect the recent rise in the Bank of England’s Base Rate. This means that the SVR for all new residential mortgage deals will be 4.24% and for all new buy-to-let mortgage deals it will be 4.74%. All existing NatWest mortgage customers on an SVR will have their rate increased with effect from 1 September 2018.
Customers currently on a fixed rate deal or awaiting completion will move onto the new SVR at the end of their current product term.
All product codes will remain unchanged. For a complete listing of all our mortgage products, please visit the product page on our web site.
If you have any questions please do not hesitate to call me or use our dedicated instant messaging service LiveTALK.