From today, NatWest is making changes to its new business product range, which includes rate increases of up to 30bps on residential purchase deals and 19bps on buy-to-let mortgages.
In its core residential range, two-year fixed rates have risen by up to 30bps, now starting from 4.22% at 60% LTV with a £1,495 product fee, 4.27% with a £995, and 4.49% fee free.
For 75% LTV, two-year fixes start from 4.44% with a £1495 fee, 4.49% with a £995 fee, and fee-free from 4.78%. 80% LTV products are available from 4.59% with a £1495 fee, from 4.64% with a £995 fee, and fee-free from 4.90%.
85% LTV products now start from 4.63% with a £1495 fee, from 4.68% with a £995 fee, and from 4.94% for a fee-free option.
90% LTV products have increased by 10bps from 5.39% to 5.49%, for a fee-free product and by 5bps from 5.14% to 5.19% with a fee of £995.
Some of the lender's five year products have reduced - including 60% LTV products now start from 4.14%, with a product fee of £1,495, from 4.19% with a product fee of £995 or 3.99% to 4.29% for those that carry no product fee, while others - including 75% and 90%, starting at 4.44% and 4.78% respectively - have increased.
A number of the lender's remortgages have increased by 15bps, now starting at 4.-7% for a 5-year fixed rate at 60% LTV with £1,495 product fee and £250 cashback.
Changes have also been made to the lender's Help to Buy and shared equity products, as well as buy-to-lets.
