NatWest has announced a comprehensive reduction in mortgage rates, effective from 25th October, affecting various residential, buy-to-let, and green mortgage offerings.
In the core residential range, 2-year fixed rate purchase products will see significant reductions, with rates at 60% loan-to-value (LTV) dropping by as much as 0.33% to 3.99%, while the 75% LTV product will be reduced by up to 0.41% to 4.14%.
High-value products have also been adjusted, with a 60% LTV option decreasing by 0.33% to 4.14% with a £995 product fee.
NatWest’s 5-year fixed rate products are also seeing cuts, with a high-value 75% LTV rate now starting at 4.04%, down by 0.31%.
The 85% LTV products will see similar reductions, bringing rates down by up to 0.24% to 4.24% with a £995 product fee.
Additionally, first-time buyer options and shared equity offerings are being adjusted, with reductions of up to 0.41% across various LTV brackets.
Buy-to-let rates have also been adjusted, with reductions of up to 0.10% for both 2-year and 5-year products.
Green mortgage rates, which reward energy-efficient homes, have similarly been cut, with reductions ranging up to 0.41% for both purchase and remortgage products.
