NatWest is making rate changes across both its New and Existing Customer ranges.
For their new business products the lender is reintroducing a selection of broker exclusive two and five-year fee based purchase products.
It has also made rate increases to their new business purchase products and switcher products respectively.
Mark Bullard, head of sales at NatWest, said: “We are pleased to re-introduce some broker exclusives as well taking the opportunity to review our proposition to ensure it is in line with current market conditions.”
Rate changes are as follows:
New Business:
Core Range:
- Purchase: Rate increases of up to 35bps on selected 2 year deals and up to 25bps on selected 5 year deals
Exclusives:
- Purchase – New Products: Launch of 2 & 5 year fee based purchase products
Existing Customer:
Core Range
- Switchers: Rate increases of up to 26bps on selected 2 year deals and up to 15bps on selected 5 year deals