NatWest has announced further rate cuts across its residential and buy-to-let mortgage ranges.
Most rates in its residential range have reduced by between 14-20bps, with its lowest price five-year fixed rate down to 3.89% with a £1,495 fee and 3.94% with a £995 fee, both at 60% LTV. These follow the launch of a 3.97% five-year fixed rate last week.
Two-year fixed rates now start from 4.28% at 60% LTV with a £1,495 fee.
Rates across NatWest's two and five-year fixed rates for purchase, remortgage and high value, alongside tracker products, have reduced by 0.20%.
Two and five-year first-time buyer rates at 85% and 90% LTV have also reduced by 20bps, while shared equity rates have decreased by between 14-20bps.
In NatWest's buy-to-let range, two-year fixed rates at 60% LTV have reduced by 62bps to 3.99% with a £3,499 fee, by 42bps to 4.67% with a £995 fee, and by 31bps to 4.97% fee-free.
Two-year fixed rate buy-to-let remortgage products are down by up to 0.76%, with the largest cut to a 60% LTV product with a £3,499 fee, now at 4.05%.
Five-year fixed rate buy-to-let products have reduced by up to 0.35%, now starting from 4.15%.
In addition, residential and buy-to-let green mortgage products have reduced by between 0.10% and 0.42%.
