natwest mortgage rates

NatWest increases mortgage rates for existing customers

Effective from tomorrow (5th March), NatWest has made changes to its existing customer product range.

The lender has made increases of between 0.05% and 0.10% on selected 2-year and 5-year deals.

In the 2-year fixed rate category, for mortgages with a 60% loan-to-value (LTV), interest rates are increasing by 0.05%.

This includes a rate increase from 4.94% to 4.99%, with no accompanying product fee; from 4.64% to 4.69%, with a product fee of £995; and from 4.84% to 4.89%, with a product fee of £495.

In the 75% LTV category, NatWest made a 0.05% increase from 4.74% to 4.79%, accompanied by a product fee of £995.

In the 5-year fixed rate category, for mortgages with a 60% LTV ratio, interest rates increased by 0.10%.

This includes a deal rising from 4.24% to 4.34%, with a product fee of £995; from 4.34% to 4.44%, with a product fee of £495; and from 4.44% to 4.54%, with no product fee.

For mortgages with a 75% LTV ratio, select rates will see a 0.05% increase, from 4.69% to 4.74%, without any associated product fee, or by 0.10%, from 4.49% to 4.59%, with a product fee of £995.

Finally, for mortgages with a 90% LTV ratio, selected rates will increase by 0.05%, rising from 5.39% to 5.44%, with no product fee.

Brokers will be able to product mortgage illustrations and submit applications online for existing deals up to 10:30 tonight (Monday 4th March).

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