natwest

NatWest to make rate reductions across new customer mortgage range, including buy-to-let deals

NatWest are making a range of rate reductions across their product range for new customers.

These changes support numerous customer types, from first-time buyers to those who are looking to benefit from the Mortgage Guarantee Scheme.

NatWest are also delighted to be making a wholescale reductions of up to 146bps to their Buy to Let purchase and remortgage products.

New Business

A.       Core Range – Rate Changes

•         Buy to Let Purchase: Rate reductions of up to 58bps and 0.94% on selected 2 and 5-year deals respectively

•         Buy to Let Remortgage: Rate reductions of up to 1.34% and 1.46% on selected 2 and 5-year deals respectively

•         Purchase: Rate reductions of up to 0.10% and 0.9% on 2 and 5-year deals respectively

• First-time buyer: Rate reductions of up to 0.19% and 0.17% on 2 and 5-year deals respectively

•         Mortgage Guarantee Scheme: Rate reduction of 0.3% on 95% LTV 5-year deal

•         Green Mortgage: Rate reduction of 0.12% and 0.7% on 85% LTV 2 and 5 year deals respectively

B.       Core Range – Rate changes and cashback changes

•         Purchase: Rate reductions of up to 0.22% and 0.22% on 2 and 5-year deals respectively, with cashback decreasing from £250 to £0.

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