NatWest Intermediary Solutions has made rate changes to a select number of its fixed rate deals.
It has cut the rate on its ‘no product fee’ 85% LTV, two-year fixed rate by 10bps from 3.75% to 3.65%. There is no product fee.
It has also made an increase on the rates of its two two-year fixed rate 60% LTV deals, as follows:
- Five-year fixed rate has increased to 2.95% from 2.88 %, 60% LTV, £995 product fee
- Five-year fixed rate has increased to 3.25% from 3.19%, 60% LTV, no product fee
Mark Bullard, head of sales, NatWest Intermediary Solutions, said: “It’s been a great start to the year reflecting the confidence intermediaries currently have for the mortgage market’s prospects.
“These changes enable us to achieve a good balance of business in terms of LTV and volume.”