NatWest raising rates by up to 35 basis points | Mortgage Strategy

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NatWest is increasing rates by up to 36 basis points tomorrow as well as launching a number of broker exclusives.

Current deals will be available until 10.30pm this evening.

From tomorrow NatWest will be raising the following two-year fixed rates for purchase in its new business range:

  • 60 per cent LTV, increasing by 10bps from 1.28 per cent to 1.38 per cent, product fee £995, cashback £250
  • 70 per cent LTV, increasing by 15bps from 1.43 per cent to 1.58 per cent, product fee £995, cashback £250
  • 75 per cent LTV, increasing by 15bps from 1.43 per cent to 1.58 per cent, product fee £995, cashback £250
  • 80 per cent LTV, increasing by 20bps from 1.79 per cent to 1.99 per cent, product fee £995, cashback £250
  • 85 per cent LTV, increasing by 35bps from 2.44 per cent to 2.79 per cent, product fee £995, cashback £250

The following five-year fixed rates for purchase will also rise:

  • 60 per cent LTV, increasing by 10bps from 1.45 per cent to 1.55 per cent, product fee £995, cashback £250
  • 70 per cent LTV, increasing by 15bps from 1.69 per cent to 1.84 per cent, product fee £995, cashback £250
  • 75 per cent LTV, increasing by 15bps from 1.69 per cent to 1.84 per cent, product fee £995, cashback £250
  • 80 per cent LTV, increasing by 25bps from 1.95 per cent to 2.20 per cent, product fee £995, cashback £250
  • 85 per cent LTV, increasing by 25bps from 2.64 per cent to 2.89 per cent, product fee £995, cashback £250

NatWest is introducing the following broker exclusive two-year fixed rates for purchase:

  • 60 per cent LTV, 1.33 per cent, product fee £995, cashback £250
  • 70 per cent LTV, 1.53 per cent, product fee £995, cashback £250
  • 75 per cent LTV, 1.53 per cent, product fee £995, cashback £250
  • 80 per cent LTV, 1.94 per cent, product fee £995, cashback £250
  • 85 per cent LTV, 2.74 per cent, product fee £995, cashback £250

The following exclusive five-year fixed rates for purchase are also launching:

  • 60 per cent LTV, 1.50 per cent, product fee £995, cashback £250
  • 70 per cent LTV, 1.79 per cent, product fee £995, cashback £250
  • 75 per cent LTV, 1.79 per cent, product fee £995, cashback £250
  • 80 per cent LTV, 2.15 per cent, product fee £995, cashback £250
  • 85 per cent LTV, 2.84 per cent, product fee £995, cashback £250

Within its residential product transfer range for existing customers the following two-year fixed rates are increasing:

  • 60 per cent LTV, increasing by 5bps from 1.24 per cent to 1.29 per cent, product fee £995
  • 70 per cent LTV, increasing by 5bps from 1.39 per cent to 1.44 per cent, product fee £995
  • 75 per cent LTV, increasing by 5bps from 1.39 per cent to 1.44 per cent, product fee £995
  • 80 per cent LTV, increasing by 10bps from 1.69 per cent to 1.79 per cent, product fee £995
  • 85 per cent LTV, increasing by 26bps from 1.93 per cent to 2.19 per cent, product fee £995

The following five-year fixes for product transfer will also rise:

  • 60 per cent LTV, increasing by 2bps from 1.42 per cent to 1.44 per cent, product fee £995
  • 70 per cent LTV, increasing by 5bps from 1.59 per cent to 1.64 per cent, product fee £995
  • 75 per cent LTV, increasing by 5bps from 1.59 per cent to 1.64 per cent, product fee £995
  • 80 per cent LTV, increasing by 5bps from 1.99 per cent to 2.04 per cent, product fee £995
  • 85 per cent LTV, increasing by 15bps from 2.40 per cent to 2.55 per cent, product fee £995

 


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