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NatWest increases core and exclusive BTL rates

by Kevin Rose
15 October 2020
New low tracker from the Chelsea
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NatWest is making rate changes across its core and exclusive ranges for buy-to-let products.

The changes are effective from 16 October.

For both core and exclusive ranges, NatWest is introducing a rate increase of 70bps on all buy-to-let products.

The summary of the rate changes are as follows:

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New Business

Core Range

Buy To Let

Rate Changes

2 year fixed rate purchase

  • [FO24512] 60% LTV, increasing by 70bps from 1.35% to 2.05%, product fee £995
  • [FO24513] 60% LTV, increasing by 70bps from 2.24% to 2.94%, product fee £0
  • [FO24514] 70% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995
  • [FO24515] 70% LTV, increasing by 70bps from 2.56% to 3.26%, product fee £0
  • [FO24516] 75% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995
  • [FO24517] 75% LTV, increasing by 70bps from 2.67% to 3.37%, product fee £0

2 year fixed rate remortgage

  • [FO24525] 60% LTV, increasing by 70bps from 2.77% to 3.47%, product fee £0
  • [FO24524] 60% LTV, increasing by 70bps from 1.60% to 2.30%, product fee £995
  • [FO24526] 70% LTV, increasing by 70bps from 1.85% to 2.55%, product fee £995
  • [FO24527] 70% LTV, increasing by 70bps from 3.02% to 3.72%, product fee £0
  • [FO24528] 75% LTV, increasing by 70bps from 1.98% to 2.68%, product fee £995
  • [FO24529] 75% LTV, increasing by 70bps from 3.07% to 3.77%, product fee £0

5 year fixed rate purchase

  • [FO24519] 60% LTV, increasing by 70bps from 2.67% to 3.37%, product fee £0
  • [FO24518] 60% LTV, increasing by 70bps from 2.05% to 2.75%, product fee £995
  • [FO24521] 70% LTV, increasing by 70bps from 2.88% to 3.58%, product fee £0
  • [FO24520] 70% LTV, increasing by 70bps from 2.18% to 2.88%, product fee £995
  • [FO24522] 75% LTV, increasing by 70bps from 2.18% to 2.88%, product fee £995
  • [FO24523] 75% LTV, increasing by 70bps from 3.07% to 3.77%, product fee £0

5 year fixed rate remortgage

  • [FO24531] 60% LTV, increasing by 70bps from 2.94% to 3.64%, product fee £0
  • [FO24530] 60% LTV, increasing by 70bps from 2.05% to 2.75%, product fee £995
  • [FO24533] 70% LTV, increasing by 70bps from 3.38% to 4.08%, product fee £0
  • [FO24532] 70% LTV, increasing by 70bps from 2.31% to 3.01%, product fee £995
  • [FO24535] 75% LTV, increasing by 70bps from 3.47% to 4.17%, product fee £0
  • [FO24534] 75% LTV, increasing by 70bps from 2.32% to 3.02%, product fee £995

Exclusive

Buy To Let

Rate Changes

2 year fixed rate purchase

  • [FO24536] 60% LTV, increasing by 70bps from 1.60% to 2.30%, product fee £995, cashback £250
  • [FO24537] 60% LTV, increasing by 70bps from 1.81% to 2.51%, product fee £0
  • [FO24539] 70% LTV, increasing by 70bps from 2.34% to 3.04%, product fee £0, cashback £250
  • [FO24538] 70% LTV, increasing by 70bps from 1.74% to 2.44%, product fee £995, cashback £250
  • [FO24540] 75% LTV, increasing by 70bps from 1.74% to 2.44%, product fee £995, cashback £250
  • [FO24541] 75% LTV, increasing by 70bps from 2.34% to 3.04%, product fee £0, cashback £250

2 year fixed rate remortgage

  • [FO24549] 60% LTV, increasing by 70bps from 2.18% to 2.88%, product fee £0, cashback £250
  • [FO24548] 60% LTV, increasing by 70bps from 1.62% to 2.32%, product fee £995, cashback £250
  • [FO24551] 70% LTV, increasing by 70bps from 2.36% to 3.06%, product fee £0, cashback £250
  • [FO24550] 70% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995, cashback £250
  • [FO24552] 75% LTV, increasing by 70bps from 1.87% to 2.57%, product fee £995, cashback £250
  • [FO24553] 75% LTV, increasing by 70bps from 2.38% to 3.08%, product fee £0, cashback £250

5 year fixed rate purchase

  • [FO24542] 60% LTV, increasing by 70bps from 1.92% to 2.62%, product fee £995, cashback £250
  • [FO24543] 60% LTV, increasing by 70bps from 2.12% to 2.82%, product fee £0, cashback £250
  • [FO24545] 70% LTV, increasing by 70bps from 2.47% to 3.17%, product fee £0, cashback £250
  • [FO24544] 70% LTV, increasing by 70bps from 2.21% to 2.91%, product fee £995
  • [FO24547] 75% LTV, increasing by 70bps from 2.57% to 3.27%, product fee £0, cashback £250
  • [FO24546] 75% LTV, increasing by 70bps from 2.26% to 2.96%, product fee £995, cashback £250

5 year fixed rate remortgage

  • [FO24554] 60% LTV, increasing by 70bps from 1.98% to 2.68%, product fee £995, cashback £250
  • [FO24555] 60% LTV, increasing by 70bps from 2.14% to 2.84%, product fee £0, cashback £250
  • [FO24556] 70% LTV, increasing by 70bps from 2.27% to 2.97%, product fee £995, cashback £250
  • [FO24557] 70% LTV, increasing by 70bps from 2.56% to 3.26%, product fee £0, cashback £250
  • [FO24558] 75% LTV, increasing by 70bps from 2.27% to 2.97%, product fee £995, cashback £250
  • [FO24559] 75% LTV, increasing by 70bps from 2.56% to 3.26%, product fee £0, cashback £250
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  • MORTGAGES
    • Mortgage type
      • Discount mortgages
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    • Conveyancing
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    • Green Mortgages
    • Help to Buy
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    • Overseas
    • Regulation
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    • Holiday Let
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  • G.I.
  • LATER LIFE
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      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI

© 2022 Bedazzled Media Limited.
Company Number 11335497. Registered Office: Unit 1, E.M.P. Building, 4 Solent Road, Havant, Hampshire PO9 1JH

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