The bank said it was introducing eight new rates which would be available for new purchases and remortgages – these are summarised in the table below.
Although, initially, the 85% LTV mortgages will be reintroduced through NatWest’s direct channels, it will be offered through the bank’s intermediary channel in the coming weeks.
Lloyd Cochrane, head of mortgages at NatWest said: “We know that the recent uncertainty in the housing market has created difficulty for people seeking to own their own home, and we’re pleased to be reintroducing these new rates to support the aspirations of homebuyers and play our part in supporting the housing market.”
The lender also said, on Friday 24 July, NatWest Intermediary Solutions would be introducing rate changes to its core product range for new business customers.
| Purchase | Remortgage |
| 2 year fixed – 1.94% with £995 fee and £250 cash back | 2 year fixed – 1.94% with £995 fee and £250 cash back |
| 2 year fixed – 2.95% with no fee | 2 year fixed – 2.90% with no fee |
| 5 year fixed – 2.34% with £995 fee and £250 cash back | 5 year fixed – 2.34% with £995 fee and £250 cash back |
| 5 year fixed – 3.39% with no fee | 5 year fixed – £3.18% with no fee |
