NatWest has increased rates by up to 5 basis points across its new business products, effective tomorrow (15 May).

In the lender’s core residential range, a two-year fix at 75% loan-to-value (LTV) will increase by 5 basis points from 5.17% to 5.22% with no fee while the 90% LTV has gone up from 5.41% to 5.46% with a fee of £995.

A five-year fix at 80% LTV has risen by 5 basis points from 4.68% to 4.73% with a fee of £995.

For first-time buyers (FTBs), NatWest has upped the rate on a two-year fix at 90% LTV from 5.75% to 5.80% with no fee and £250 cashback while the five-year fix 90% LTV went up by 5 basis points from 5.12% to 5.17% also with no product fee and £250 cashback.

Rates have also been increased on products in the shared equity residential range. A two-year fix at 60% LTV has risen from 4.97% to 5.02% with a fee of £995 and £250 cashback.

The Help to Buy shared equity residential range has also seen increases of 5 basis points.

The two-year fix remortgage 60% LTV has increased from 5.32% to 5.37% with no fee and £500 cashback while the same five-year fix remortgage has changed from 4.77% to 4.82%.

The green mortgage range has also seen rate rises of 5 basis points across its two- and five-year fixed rate purchase products.

Two-year term end dates move from 31 August to 30 September 2026 and five-year term end dates move from 31 August to 30 September 2029.