NatWest has made rate reductions across mortgage rates for both new and existing customers, effective from tomorrow (2nd July).
For new business purchase mortgages, there will be a decrease of up to 0.23% on selected 2-year deals and up to 0.12% on 5-year deals.
Remortgage products will see rate decreases of up to 0.13% and 0.8% on selected 2-year and 5-year deals, respectively.
High-value purchase mortgages will benefit from rate reductions of up to 0.10% for 2-year deals and 0.6% for 5-year deals, while high value remortgages will see decreases of up to 0.13% and 0.8% for the same periods.
First-time buyers will experience rate reductions of up to 0.5% on selected 2-year deals and 0.6% on 5-year deals.
Shared equity purchase products will have rate decreases of up to 0.8% on 2-year deals and 0.12% on 5-year deals.
In addition, Help to Buy shared equity remortgages will see rate reductions of up to 0.6% on selected 2-year and 5-year deals.
For buy-to-let investors, purchase mortgage rates will decrease by up to 0.3% on 2-year deals and 0.7% on 5-year deals.
Remortgage rates for buy-to-let properties will see more significant reductions of up to 0.18% for 2-year deals and 0.14% for 5-year deals.
Green purchase mortgages will benefit from rate decreases of up to 0.6% on 2-year and 5-year deals, while green remortgages will see reductions of up to 0.6% on 2-year deals and 0.8% on 5-year deals.
Additionally, buy-to-let green purchase mortgages will benefit from rate reductions of up to 3% on 2-year deals and 0.7% on 5-year deals, and buy-to-let green remortgages will see decreases of up to 0.18% and 0.14% on 2-year and 5-year deals, respectively.
For existing customers, switcher products will experience rate reductions of up to 0.8% on selected 2-year deals and 0.7% on 5-year deals.
The lender has urged brokers looking submit applications online for existing deals to do so before 10:30pm tonight (Monday 1st July).
