NatWest has made a series of changes across its product portfolio for both new business and existing customers.
The changes are as follows:
New Business:
Core Range – New Products
- Green Purchase: 3 new purchase products, covering both 2 and 5 year deals
- Green Remortgage: 1 new 5 year 60% LTV remortgage product, with £350 cashback
Core Range – Rate Changes
- Purchase: Rate reductions of up to 13bps and 12bps on 2 and 5 year deals respectively
- First Time Buyer: Rate reductions of up to 10bps and 11bps on selected 2 and 5 year deals
- Mortgage Guarantee Scheme: Rate reduction of 13bps and 10bps on 95% LTV 2 and 5 year deals
- Buy to Let – Purchase Rate reductions of up to 14bps on selected 2 year deals
- Buy to Let – Remortgage: Rate reduction of 4bps on 60% LTV 2 year deal
- Green Remortgage: Rate reduction of 1bps on 60% LTV 2 year deal
Core Range – Cashback Changes
- Green Purchase: Cashback increasing from £250 to £350 on selected 5 year deals
- Green Remortgage: Cashback increasing from £250 to £350 on selected 5 year deals
Core Range – Withdrawals
- Tracker Purchase: Withdrawal 70% and 75% LTV 2 year tracker products
- Tracker Remortgage: Withdrawal of a 70% LTV 2 year product
Existing Customers:
Core Range – Rate Changes
- Switcher: Rate reductions of up to 3bps and 5bps on 2 and 5 year deals respectively
- Switcher – High Value Rate reductions of up to 3bps and 5bps on 2 and 5 year deals respectively
- Switcher – Buy to Let Rate reductions of up to 69bps and 84bps on 2 and 5 year deals respectively