NatWest for Intermediaries has released a product update. For their latest products visit the product page on their website or the news section of their intermediary website. A summary of the changes is below. Contact us for more information.
NatWest to make rate reductions on deals for new and existing customers
Effective from Friday 5 February 2021 we are delighted to announce that we will be making a range of rate decreases across our new and existing customer product ranges.
These changes are across a wide variety of LTV bandings and support numerous customer types, from those looking to purchase or remortgage or for first time buyers and customers looking at Green Mortgages.
New Business
Core Range
- Purchase: Rate reductions of up to 21bps and 16bps on selected 2 and 5 year deals respectively.
- Remortgage: Rate reductions of up to 14bps and 15bps on selected 2 and 5 year deals respectively.
- Remortgage – High Value: Rate reductions of up to 2bps on selected 2 and 5 year deals respectively.
- First Time Buyer – Purchase: Rate reductions of 5bps and 15bps on 80% LTV 2 and 5 year deals respectively.
- Green Mortgages: Rate reductions of 16bps and 3bps on 85% LTV 2 and 5 year deals respectively.
Existing Customer
Exclusives
- Products Switchers: Rate reductions of up to 9bps and 5bps on 2 and 5 years deals respectively
You can download a PDF of the updated product ranges on our Website. For a full summary of the changes, including transitional arrangements, visit the Latest News section on our home page.