NatWest cuts rates for new resi, remortgagecustomers by up to 31bps Mortgage Finance Gazette

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The high street bank says the changes cover:  

  • Purchase, with cuts of up to 16bps and 11bps on selected two- and five-year offers
  • , with reductions up to 16bps and 11bps on 90% loan-to-value two- and five-year loans
  • Buy-to-let purchase, with cuts of up to 26bps and 30bps on selected two- and five-year deals
  • BTL remortgage, with reductions of up to 30bps and 31bps on selected two- and five-year offers
  • Green BTL purchase, with cuts of up to 23bps and 21bps on selected two- and five-year loans
  • And green BTL remortgage, with reductions of up to 11bps and 31bps on selected two- and five-year deals

The lender says brokers must produce mortgage Illustrations and submit applications online for existing deals by 10:30pm on 23 February. 

It adds that for packaging assistance, brokers should consult its income and packaging guide.