NatWest will trim fixed-rate home loans by 13 basis points, while Darlington Building Society launches landlord products and lifts buy-to-let loan-to-value ratios.  

The high street bank will reduce rates across various product types, including purchase, remortgage, landlord, first-time buyer, shared equity, and green products, from tomorrow. 

Highlights include: 

• Two-year home purchases at 60% LTV will fall by 13bps to 4.09%, with no product fee 

• Five-year home purchases at 60% LTV will fall by 12bps to 4.08%, with no product fee  

• FTB two-year home purchases at 85% LTV will fall by 9bps to 4.39%, with no product fee and £250 cashback  

Meanwhile, Darlington Building Society has launched five-year landlord fixes and has increased the maximum LTVs from 75% to 80%, including for expat borrowers and holiday let investors from today. 

Headline rates include: 

• BTL five-year fixes at 5.19%, with a £999 fee 

• Expat BTL five-year fixes at 5.49%, with a £999 fee 

• Holiday let five-year fixes at 5.49%, with a £999 fee 

The mutual adds that all products have an income coverage ratio stress rate of pay rate plus 1%.  

Its established BTL criteria includes, no minimum income requirements, eligibility for first-time landlords, up to 90 days’ personal use for holiday lets and remortgage options for former residential properties. 

Darlington Building Society head of mortgage distribution Christopher Blewitt adds: “The increase from 75% to 80% LTV is a direct response to broker feedback and gives more room for landlords needing to raise capital or repurpose a previous residential property.  

“Whether it’s an expat looking to remortgage their former UK home into a BTL, or a holiday let owner looking to optimise cash flow, these changes give brokers another practical option.”