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.
Effective from the 8th October, NatWest will be making rate changes across our new and existing customer ranges.
For our new business products they have made rate increases of up to 15bps on purchase deals and 20 bps on remortgage deals respectively.
In regards to our existing customer range, they have made rate increases of up to 25bps and 15bps on their 2 and 5 year switcher deals respectively.
The summary of the rate changes are as follows:
New Business
Core Range
- Purchase: Rate increases of up to 15bps on selected 2 and 5 year deals respectively.
- Remortgage: Rate increases of up to 20bps on selected 2 years and up to 15bs on selected 5 year deals.
- Remortgage – High Value: Rate increases of up to 10bps on selected 2 and 5 year deals respectively.
Exclusives
• Purchase: Rate increases of up to 8bps on selected 2 years and up to 15bs on selected 5 year deals.
Existing Customer
Core Range
- Switchers: Rate increases of up to 25bps on selected 2 year deals and up to 15bps on selected 5 year deals
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.