Natwest decreases rates on core deals for existing customers

Jessica Bird

June 15, 2020

natwest product transfers

NatWest has decreased rates up to 30bps across its existing customer range.

The changes to the core range of NatWest products include rates decreased by up to 30bps on 2-year deals at 60%, 70% and 80% loan-to-value (LTV), as well as reductions of up to 30bps on 5-year deals, across 60%, 70% and 80% LTV.

These reductions will be effective from Tuesday 16 June 2020, and there will be no changes to end dates.

Mark Bullard, head of sales at NatWest, said: “We’re delighted to be making further decreases to our existing customer range.

“I’m particularly pleased that we have been able to make these changes across a wide range of LTVs for both 2 and 5-year deals.

“We’re also pleased to be making these rate reductions on the back of the successful launch of additional borrowing platform, where our brokers now have the ability to request additional borrowing at the same time as completing a product switch for their customers”

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