NatWest has made rate reductions on selected core and semi-exclusive residential products.
Reductions of up to 15bps are available across its product portfolios for both new and existing customers.
Mark Bullard, head of sales, said: “These changes once again underline our commitment to the intermediary market. I’m pleased that we have been able to make rate reductions across our product range on a variety of LTV bandings.”
Changes are as follows:
New Business:
Intermediary Exclusives:
- Purchase: Rate reductions of up to 15bps on selected 5 year deals
- Remortgage: Rate reductions of up to 6bps on selected 5 year deals
Core Range:
- Purchase: Rate reductions of up to 6bps on selected 5 year deals
- Remortgage: Rate reductions of up to 10bps on selected 5 year deals
Existing Customers:
Core Range
- Switcher: Rate reductions of up to 6bps on selected 5 year deals
End dates:
- 2 Year Term End Dates Moving from 31 March 2022 to 30 June 2022
- 5 Year Term End Dates Moving from 31 March 2025 to 30 June 2025