NatWest will lower select residential, first-time buyer, shared equity and green mortgage deals by around 0.19% from 3 September.
On the residential side, purchase and remortgage deals on two and five-year terms from 60% loan to value (LTV) to 85% LTV will fall by around 0.19%.
This includes its two-year fixed residential mortgage rate at 80% LTV, which will decrease by 0.19% from 5.04% to 4.85%. It has a product fee of £1,495 and cashback of £250.
Within its residential first-time buyer range, two and five-year fixed purchase rates at 85% LTV will go down by up to 0.13%.
An example includes its two-year fixed purchase rate at 85% LTV which will go down by 0.13% to 4.92%. It has no fee and £250 cashback.
NatWest’s shared equity deals from 60% to 75% LTV will fall by around 0.19%, including its five-year fixed purchase rate at 75% LTV with no fee which will decrease from 4.44% to 4.25%.
The lender’s Help to Buy shared equity remortgage products at 60% LTV and 75% LTV will decrease by around 0.17%. Its two-year fixed remortgage rate at 75% LTV with £995 fee and £500 cashback will decrease from 5.12% to 4.95%.
Residential green mortgage products, both purchase and remortgage, will contract by around 0.18%. An example includes its five-year fixed purchase rate at 75% LTV with £995 fee will go down from 4.11% to 3.93%.
NatWest previously changed rates around two weeks ago, changing select new business rates, including residential, first-time buyer and green mortgage deals, by up to 0.16%.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
