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.
ONLY FOR USE BY MORTGAGE INTERMEDIARIES
NatWest to make rate increases to both New and Existing customer ranges
Effective 28th October we are making the following changes to our New and Existing product ranges.
New Business
Rate Changes
- Purchase: Rate increases of 10bps on selected 2 and 5 year deals respectively
- Remortgage: Rate increases of 10bps on selected 2 and 5 year deals respectively
- Shared Equity – Purchase: Rate increases of 10bps on selected 2 and 5 year deals respectively
- Help to Buy Shared Equity – Purchase: Rate increases of 10bps on selected 2 and 5 year deals respectively
- Help to Buy Shared Equity – Remortgage: Rate increases of 10bps on selected 2 and 5 year deals respectively
- Green Purchase: Rate increases of 10bps on selected 2 and 5 year deals respectively
- Green Remortgage: Rate increases of 10bps on selected 2 and 5 year deals respectively
Existing Customer
New Products
- Switcher: 4 new low LTV switcher products, covering both 2 and 5 year deals
Rate Changes
- Switcher: Rate increases of 10bps on selected 2 and 5 year deals respectively
- Switcher – High value: Rate increases of 10bps on selected 2 and 5 year deals respectively
Withdrawals
- Switcher: Withdrawal of 4 low LTV products, covering both 2 and 5 year deals
- Switcher – High value: Withdrawal of 4 low LTV products, covering both 2 and 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.