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RBS & NatWest cuts rates again.
1 September, 2008
RBS & Natwest have cut rates by up to 0.35% on fixed and tracker mortgage rates to new customers and existing customers switching deals.
These deals are available through RBS and NatWest branches and via RBS and NatWest Mortgages Direct. Announcing the changes, Andy Fell, Director of Branch Mortgages at the Bank, commented "We cut our fixed and tracker rate mortgages at the beginning of August and this second rate cut shows our continued commitment to helping borrowers in these uncertain times, be they first time buyers or existing customers.
The largest cuts are on the five year fixed rates for either house purchase or re-mortgage, although to get the 5.89% rate on offer an LTV of 75% will be required.