NatWest has announced rate increases to its existing customer product range from 13 September. 

The rate hikes range from five to 30 basis points and take place across its residential range and buy-to-let (BTL) standard switcher range. 

One of the biggest rate increases see the 85% loan to value (LTV) two-year fixed rate switcher – high value residential product with a £1,495 going up by 30 basis points to 4.03%.

In addition, the 85% LTV two-year fixed rate switcher residential product with a £995 product fee has gone up by 30 basis points from 3.79% to 4.09%.

For NatWest’s BTL standard switcher range, the two-year fixed rate switcher 75% LTV with no product fee has increased by five basis points to 4.14%.

Meanwhile, the five-year fixed rate switcher 75% LTV with no product fee has increased 11 basis points to 4.02%. 

The lender says that applications can be submitted online for existing deals until 10:30pm on 12 September.