NatWest cuts rates
NatWest has reduced rates on selected core and semi-exclusive residential and buy-to-let products.
These include reductions of up to 0.22% on its semi-exclusive 2-year fixed rate purchase deals and up to 0.31% on its semi exclusive 5-year buy-to-let fixed rate remortgage deals.
Mark Bullard, head of sales said: “We have taken this opportunity to review our proposition to ensure it is in line with current market conditions.
“We are delighted to be introducing some significant rate reductions across our product portfolio, which we believe further emphasises our commitment to the broker market.”
For its new business products there’s a250 cashback across its 2 and 5-year fee based products.
There are rate reductions of up to 0.26% across its 2 and 5-year fee and 95% LTV no fee products.
For its remortgage range there’s selected rate reductions across its 2 and 5-year fee products and for buy-to-let there’s rate reductions of up to 0.50% across its 2 and 5-year buy-to-let products, purchase and remortgage.