NatWest cuts rates by up to 34 basis points | Mortgage Strategy

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NatWest has made rate cuts across a number of its ranges, with up to 34 basis points removed within its core purchase mortgage selection.

Reductions are present also in the lender’s remortgage, remortgage at high value, first-time buyer (FTB) and green mortgage ranges.

Standout changes in each are as follows:

In the core purchase range, the 75% LTV two-year fix with zero fee has had 33 basis points removed, taking the rate to 1.85%.

On a five-year fix, the 60% LTV product with zero fee has had the headline 34 basis point cut, taking the rate to 1.59%, and the 75% LTV mortgage with zero product fee has had both a 24 basis point cut – giving a new rate of 1.95% – and cashback added at £250.

In NatWest’s remortgage range, the 90% LTV two-year fix with zero fee has received a 14 basis point reduction, moving the rate to 3.30% and, the 85% LTV five-year fix with zero fee has had a 26 basis point cut, providing a new rate of 3.03%.

And in the high value remortgage range, the 60% LTV two-year fix with a product fee of £1,495 has had a 5 basis point cut, which takes the rate to 1.03%.

In the FTB range, the 80% LTV two-year fix with £995 fee and £500 cashback has had 4 basis points removed, taking it to 2%.

Finally, in the green mortgage range, the biggest change is the 85% LTV five-year fix with £995 fee and £250 cashback receiving an 8 basis point cut to 2.74%.


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