NatWest increases number of residential rates

NatWest has made rate changes to its core and semi-exclusive ranges of residential and buy-to-let purchase mortgages and remortgages.

It has also introduced new semi-exclusive five-year residential products.

Mark Bullard (pictured), head of sales, sales: “Having reviewed our portfolio we have made some adjustments to rates to reflect the current market conditions and balance our mix of business.”

Summary of the changes:

Core Range – Residential

2 year fixed rate purchase

• [FO17091] 95% LTV, increasing by 2bps from 3.69% to 3.71% (4.0% APRC, 3.99% SVR), £0 product fee
• 5 year fixed rate purchase
• [FO17092] 60% LTV, increasing by 5bps from 1.89% to 1.94% (3.4% APRC, 3.99% SVR), £995 product fee, £250 cashback
• [FO17093] 70% LTV, increasing by 4bps from 1.94% to 1.98% (3.3% APRC, 3.99% SVR), 0 product fee
• [FO17094] 75% LTV, increasing by 4bps from 1.94% to 1.98% (3.3% APRC, 3.99% SVR), £995 product fee, £250 cashback
• [FO17096] 80% LTV, increasing by 8bps from 3.30% to 3.38% (3.8% APRC, 3.99% SVR), £0 product fee
• [FO17095] 80% LTV, increasing by 6bps from 2.04% to 2.10% (3.4% APRC, 3.99% SVR), £995 product fee, £250 cashback
• [FO17097] 85% LTV, increasing by 13bps from 2.18% to 2.31% (3.4% APRC, 3.99% SVR), £995 product fee, £250 cashback
• [FO17098] 85% LTV, increasing by 7bps from 3.43% to 3.50% (3.9% APRC, 3.99% SVR), 0 product fee
• [FO17099] 95% LTV, increasing by 9bps from 4.32% to 4.43% (4.3% APRC, 3.99% SVR), 0 product fee

Semi-Exclusives – Residential

New five-year fixed rate purchase

• [FO17101] 60% LTV, 2.35% (3.4% APRC, 3.99% SVR), £0 product fee, £500 cashback
• [FO17100] 60% LTV, 1.89% (3.3% APRC, 3.99% SVR), £995 product fee, £250 cashback
• [FO17102] 70% LTV, 1.94% (3.3% APRC, 3.99% SVR), £995 product fee, £350 cashback
• [FO17103] 70% LTV, 2.38% (3.4% APRC, 3.99% SVR), £0 product fee, £500 cashback
• [FO17104] 75% LTV, 1.94% (3.3% APRC, 3.99% SVR), £995 product fee, £350 cashback
• [FO17105] 75% LTV, 2.38% (3.4% APRC, 3.99% SVR), £0 product fee, £500 cashback
• [FO17135] 80% LTV, 2.04% (3.4% APRC, 3.99% SVR), £995 product fee, £350 cashback
• [FO17136] 90% LTV, 2.49% (3.5% APRC, 3.99% SVR), £995 product fee, £350 cashback

New five-year fixed rate remortgage

• [FO17114] 60% LTV, 1.89% (3.3% APRC, 3.99% SVR), £995 product fee
• [FO17115] 60% LTV, 2.09% (3.3% APRC, 3.99% SVR), £0 product fee
• [FO17116] 70% LTV, 1.94% (3.3% APRC, 3.99% SVR), £995 product fee
• [FO17137] 70% LTV, 2.14% (3.3% APRC, 3.99% SVR), £0 product fee
• [FO17117] 75% LTV, 1.94% (3.3% APRC, 3.99% SVR), £995 product fee
• [FO17118] 75% LTV, 2.27% (3.4% APRC, 3.99% SVR), £0 product fee

Withdrawals:

Five-year fixed rate purchase

•  [FO16802] 60% LTV, 2.19% (3.4% APRC, 3.99% SVR), £0 product fee, £500 cashback
• [FO16803] 70% LTV, 1.92% (3.3% APRC, 3.99% SVR), £995 product fee, £250 cashback
• [FO17004] 70% LTV, 2.32% (3.4% APRC, 3.99% SVR), £0 product fee, £500 cashback
• [FO16806] 75% LTV, 2.37% (3.4% APRC, 3.99% SVR), £0 product fee, £500 cashback
• [FO16805] 75% LTV, 1.92% (3.3% APRC, 3.99% SVR), £995 product fee, £250 cashback
• [FO17005] 80% LTV, 2.02% (3.4% APRC, 3.99% SVR), £995 product fee, £250 cashback
• [FO16810] 90% LTV, 2.44% (3.5% APRC, 3.99% SVR), £995 product fee

Five-year fixed rate remortgage

• [FO16813] 60% LTV, 2.09% (3.3% APRC, 3.99% SVR), £0 product fee
• [FO17010] 60% LTV, 1.89% (3.3% APRC, 3.99% SVR), £995 product fee
• [FO16815] 70% LTV, 2.14% (3.3% APRC, 3.99% SVR), £0 product fee
• [FO16814] 70% LTV, 1.94% (3.3% APRC, 3.99% SVR), £995 product fee
• [FO17011] 75% LTV, 2.22% (3.4% APRC, 3.99% SVR), £0 product fee
• [FO16816] 75% LTV, 1.94% (3.3% APRC, 3.99% SVR), £995 product fee

Rate changes:

Five-year fixed rate purchase

• [FO17107] 80% LTV, increasing by 1bps from 2.44% to 2.45% (3.5% APRC, 3.99% SVR), £0 product fee, £500 cashback
• [FO17108] 85% LTV, increasing by 16bps from 2.46% to 2.62% (3.5% APRC, 3.99% SVR), £0 product fee, £500 cashback
• [FO17110] 90% LTV, increasing by 16bps from 2.83% to 2.99% (3.7% APRC, 3.99% SVR), £0 product fee, £500 cashback

Five-year fixed rate remortgage

[FO17112] 80% LTV, increasing by 4bps from 2.24% to 2.28% (3.4% APRC, 3.99% SVR), £0 product fee

Buy-to-let – new:

Five-year fixed rate purchase

• [FO17124] 70% LTV, 2.55% (3.9% APRC, 4.49% SVR), £995 product fee

Buy-to-let – rate changes:

 Two-year fixed rate purchase

• [FO17113] 60% LTV, increasing by 22bps from 1.61% to 1.83% (4.3% APRC, 4.49% SVR), £995 product fee
• [FO17119] 70% LTV, increasing by 10bps from 1.92% to 2.02% (4.3% APRC, 4.49% SVR), £995 product fee
• [FO17121] 75% LTV, increasing by 4bps from 2.67% to 2.71% (4.3% APRC, 4.49% SVR), £0 product fee
• [FO17120] 75% LTV, increasing by 2bps from 2.05% to 2.07% (4.3% APRC, 4.49% SVR), £995 product fee

Five-year fixed rate purchase

• [FO17123] 60% LTV, decreasing by 7bps from 2.48% to 2.41% (3.8% APRC, 4.49% SVR), £0 product fee
• [FO17122] 60% LTV, decreasing by 13bps from 2.22% to 2.09% (3.7% APRC, 4.49% SVR), £995 product fee
• [FO17125] 70% LTV, decreasing by 20bps from 2.81% to 2.61% (3.8% APRC, 4.49% SVR), £0 product fee
• [FO17127] 75% LTV, decreasing by 24bps from 2.98% to 2.74% (3.9% APRC, 4.49% SVR), £0 product fee
• [FO17126] 75% LTV, decreasing by 15bps from 2.70% to 2.55% (3.9% APRC, 4.49% SVR), £995 product fee

Two-year fixed rate remortgage

• [FO17129] 60% LTV, increasing by 18bps from 2.29% to 2.47% (4.2% APRC, 4.49% SVR), £0 product fee
• [FO17128] 60% LTV, increasing by 1bps from 1.99% to 2.00% (4.3% APRC, 4.49% SVR), £995 product fee
• [FO17130] 70% LTV, increasing by 7bps from 1.99% to 2.06% (4.3% APRC, 4.49% SVR), £995 product fee
• [FO17131] 75% LTV, increasing by 2bps from 2.17% to 2.19% (4.3% APRC, 4.49% SVR), £995 product fee

Two-year fixed rate remortgage – tracker

• [TO4304] 60% LTV, decreasing by 5bps from 2.22% to 1.97% (4.4% APRC, 4.49% SVR), £0 product fee

Five-year fixed rate remortgage

• [FO17132] 60% LTV, decreasing by 9bps from 2.29% to 2.20% (3.8% APRC, 4.49% SVR), £995 product fee
• [FO17133] 70% LTV, decreasing by 1bps from 2.69% to 2.68% (4.0% APRC, 4.49% SVR), £995 product fee
• [FO17134] 75% LTV, decreasing by 12bps from 2.80% to 2.68% (4.0% APRC, 4.49% SVR), £995 product fee

There are no changes to end dates