NatWest Intermediary Solutions is making a series of changes to its product ranges, including cutting rates on its Help to Buy products by up to 0.25 per cent.

As well as this, the lender has removed the £250 cashback incentive from a number of its core range of residential remortgage products, specifically within its two- and five-year fixes.

The 60 per cent LTV, 70 per cent LTV, and 75 per cent LTV HTB remortgage two-year fixed rates have all had 0.25 per cent slashed from their rates, with the latter product going from 2.33 per cent to 2.08 per cent.

The 60 per cent LTV, 70 per cent LTV, and 75 per cent LTV five-year fixes of the same mortgage type have received the same treatment, with the 75 per cent LTV product rate being reduced from 2.40 per cent to 2.15 per cent.

Other cuts in the new business core range of products range from 0.01 per cent to 0.24 per cent.

Cuts of 0.25 per cent also reside within the lender’s exclusive residential range. Here, the 60 per cent LTV, 70 per cent LTV, and 75 per cent LTV two-year fixes for a HTB remortgage have been cut by 0.25 per cent too. The highest LTV product here has seen its rate cut from 1.96 per cent to 1.71 per cent.

Alongside these changes, NatWest Intermediary Solutions has removed an 80 per cent LTV two-year fix remortgage at 1.45 per cent from the market, alongside a handful of five-year fixes ranging from 70 per cent LTV to 80 per cent LTV.

NatWest Intermediary Solutions head of sales Mark Bullard says: “We’re delighted to be making our third tranche of rate reductions this month.

“In particular, we have sharpened up our offering to new business customers, especially those looking at HTB or to purchase their new home.”