NatWest updated rates to core and exclusive deals for both new and existing customers

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

New Business

Core Range

Residential – Rate Changes

  • 2 year fixed rate purchase
    • [FO24378] 60% LTV, increasing by 10bps from 1.28% to 1.38%, product fee £995, cashback £250
    • [FO24379] 70% LTV, increasing by 15bps from 1.43% to 1.58%, product fee £995, cashback £250
    • [FO24380] 75% LTV, increasing by 15bps from 1.43% to 1.58%, product fee £995, cashback £250
    • [FO24381] 80% LTV, increasing by 20bps from 1.79% to 1.99%, product fee £995, cashback £250
    • [FO24382] 85% LTV, increasing by 35bps from 2.44% to 2.79%, product fee £995, cashback £250
  • 5 year fixed rate purchase
    • [FO24383] 60% LTV, increasing by 10bps from 1.45% to 1.55%, product fee £995, cashback £250
    • [FO24384] 70% LTV, increasing by 15bps from 1.69% to 1.84%, product fee £995, cashback £250
    • [FO24385] 75% LTV, increasing by 15bps from 1.69% to 1.84%, product fee £995, cashback £250
    • [FO24386] 80% LTV, increasing by 25bps from 1.95% to 2.20%, product fee £995, cashback £250
    • [FO24387] 85% LTV, increasing by 25bps from 2.64% to 2.89%, product fee £995, cashback £250

Exclusive

Residential – New Products

  • 2 year fixed rate purchase
    • [FO24410] 60% LTV, 1.33%, product fee £995, cashback £250
    • [FO24409] 70% LTV, 1.53%, product fee £995, cashback £250
    • [FO24408] 75% LTV, 1.53%, product fee £995, cashback £250
    • [FO24411] 80% LTV, 1.94%, product fee £995, cashback £250
    • [FO24412] 85% LTV, 2.74%, product fee £995, cashback £250
  • 5 year fixed rate purchase
    • [FO24413] 60% LTV, 1.50%, product fee £995, cashback £250
    • [FO24414] 70% LTV, 1.79%, product fee £995, cashback £250
    • [FO24415] 75% LTV, 1.79%, product fee £995, cashback £250
    • [FO24416] 80% LTV, 2.15%, product fee £995, cashback £250
    • [FO24417] 85% LTV, 2.84%, product fee £995, cashback £250

Existing Customer

Core Range

Residential – Rate Changes

  • 2 year fixed rate switcher
    • [FO24418] 60% LTV, increasing by 5bps from 1.24% to 1.29%, product fee £995
    • [FO24419] 70% LTV, increasing by 5bps from 1.39% to 1.44%, product fee £995
    • [FO24420] 75% LTV, increasing by 5bps from 1.39% to 1.44%, product fee £995
    • [FO24421] 80% LTV, increasing by 10bps from 1.69% to 1.79%, product fee £995
    • [FO24422] 85% LTV, increasing by 26bps from 1.93% to 2.19%, product fee £995
  • 5 year fixed rate switcher
    • [FO24423] 60% LTV, increasing by 2bps from 1.42% to 1.44%, product fee £995
    • [FO24424] 70% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
    • [FO24425] 75% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
    • [FO24426] 80% LTV, increasing by 5bps from 1.99% to 2.04%, product fee £995
    • [FO24427] 85% LTV, increasing by 15bps from 2.40% to 2.55%, product fee £995

End dates

There are no changes to end dates

Transitional arrangements

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 23 September, 2020.

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must e-mail your BDM by midday on Thursday 24 September 2020. Requests received after this time will not be considered.

Your email must include in bullet points:

• Your details – name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason for paper application – If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
• State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange

Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 28 September 2020 for your rate to be honoured:

FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED

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