NatWest lifts resi, switcher and BTL rates by up to 75bps | Mortgage Strategy

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NatWest Intermediary Solutions has lifted rates across a broad range of its mortgages, including residential, switcher and buy-to-let loans for new and existing customers by up to 75 basis points.  

Notable changes for new customers among the high street bank’s residential range include a two-year fixed-rate purchase at 90% LTV, rising by 35bps to 6.34%, with no product fee.  

A two-year fixed-rate remortgage at 85% LTV, lifts by 35bps to 6.14%, with a £995 product fee.  

A five-year fixed-rate purchase at 90% LTV, increases by 35bps to 5.64%, with a £995 product fee.  

And a five-year fixed-rate remortgage at 80% LTV, rises by 35bps to 5.89%, with no product fee.  

A first-time buyer two-year fixed-rate purchase at 90% LTV, lifts by 35bps to 6.14%, with a £995 product fee and £250 of cashback.  

And a FTB five-year fixed-rate purchase at 85% LTV, increases by 35bps to 5.89%, with no product fee and £250 of cashback.  

A BTL two-year fixed-rate purchase at 75% LTV, rises by 35bps to 6.02%, with a £1,495 product fee.  

And a BTL two-year fixed-rate remortgage at 60% LTV, lifts by 35bps to 6.30%, with no product fee.  

For existing customers, a residential two-year fixed-rate high value switcher at 60% LTV, increases by 75bps to 5.56%, with a £1,495 product fee.  

A residential two-year fixed-rate switcher at 75% LTV, lifts by 75bps to 5.69%, with a £995 product fee.  

A five-year fixed-rate switcher at 75% LTV, rises by 70bps to 5.54%, with no product fee.  

A BTL two-year fixed-rate switcher at 75% LTV, increases by 70bps to 5.69%, with a £995 product fee.  

And a five-year fixed-rate switcher at 60% LTV, lifts by 65bps to 5.49%, with no product fee.  

The lender says there are no changes to end dates. It adds that these changes come into effect immediately, but applications submitted prior to these rate hikes remain unaffected. 


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