NatWest increases mortgage rates for second time this week

The lender has increased higher-LTV mortgage rates.

Related topics:  Mortgages,  NatWest
Rozi Jones | Editor, Financial Reporter
31st January 2025
natwest bank

NatWest has announced a new round of rate increases across its residential mortgage range.

The Bank has increased two and five-year fixed rates between 80-90% LTV by up to 0.11%. NatWest previously decreased rates in this LTV bracket earlier this week, alongside rate hikes at lower LTVs.

As part of the latest changes, two-year fixed rates at 80% and 85% LTV have increased by up to 8bps, now starting from 4.70% with a £1,495 fee, 4.75% with a £995 fee, and 5.03% fee-free.

90% LTV two-year fixes have risen to 5.15% with a £995 fee and 5.45% fee-free.

Five-year fixed rates at 80% LTV have risen by 10bps, available from 4.54% with a £1,495 fee and 4.59% with a £995 fee.

90% LTV five-year fixes have also increased by up to 10bps, to 4.80% with a £995 fee and 4.91% fee-free, while a 95% LTV fee-free product is up by 11bps to 5.30%.

NatWest has also increased first-time buyer rates at 85% and 90% LTV by up to 0.10%, reversing the cuts made earlier this week.

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