NatWest has announced a series of rate changes across its residential purchase and remortgage ranges, effective from tomorrow 21st March.
The largest rate increase is to a two-year tracker purchase product at 60% LTV, which is rising by 40bps to 5.79% with a £995 fee.
Elsewhere in the two-year tracker range, rates are increasing by between 5-9bps.
Five-year fixed rate purchase and remortgage rates will benefit from rate cuts of up to 24bps.
Five-year fixed rate purchase products are decreasing by between 1-7bps, with the cheapest rate at 60% LTV now starting from 4.19%.
Five-year fixed rate remortgage products have reduced by up to 24bps, with the largesr reductions at 90% LTV, now starting from 5.24% with a £995 product fee or 5.30% fee-free.
Shared equity five-year fixed rates have also decreased by between 3-7bps and Help to Buy five-year remortgage products are down by up to 13bps.
Additionally, five-year purchase and remortgage rates have also reduced by up to 13bps across NatWest's residential green mortgage range.
