Effective from today, Wednesday, May 3rd, 2023, NatWest has implemented rate changes for new and existing customer products across a range of its mortgage options.
This move is expected to impact the core range, first-time buyer, shared equity, and Help to Buy: shared equity products.
In the core range, residential rate changes include increases of 10-20 basis points (bps) for 5-year fixed-rate remortgages and 2-year fixed-rate purchases at various loan-to-value (LTV) tiers.
First-time buyer products, including 2-year and 5-year fixed-rate purchases, will also see rate increases of 10 bps across the board.
Shared equity residential rate changes involve increases of 10 bps for both 2-year and 5-year fixed-rate purchases at select LTV levels.
Finally, Help to Buy: shared equity residential products will see 2-year fixed-rate remortgages experience rate increases of 10 to 20 bps at various LTV tiers.
