NatWest cuts 87 products

Its 90% LTV residential 5-year fix has been reduced from 5.29% to 4.38% while its 60% LTV equivalent is now 2.84%, both with a £995 product fee.

On its Help to Buy range at 95% LTV its 2-year fix now stands at 5.15% while its 5-year fix is 5.39% after the two products were slashed by 0.10% and 0.30% respectively.

NatWest’s buy-to-let products have also been cut, as its 5-year fix now stands at 4.25% to 60% LTV with no fee while its 3-year fix is 3.34% to 75% LTV with a £1,995 product fee

Mark Bullard, head of sales at NatWest Intermediary Solutions, said: “We have refreshed our range of intermediary mortgages to offer brokers a more attractive choice.

“We are introducing rate cuts right across the LTV range, so whether intermediaries are dealing with first-time buyers, second or third-time movers, remortgagers or buy-to-let investors, there’ll find that the majority of our mortgages now offer even better value.”

Its residential 2-year fixes now stand at 1.84% to 60% LTV and 2.10% to 70% LTV, both with a £995 product fee.

Its 3-year fixes are 2.51% to 70% LTV and 4.13% to 95% LTV, both with a £995 product fee, while its 3-year no fee product stands at 2.69% to 70% LTV.

NatWest’s 2-year tracker has been reduced from 2.59% to 2.38% to 60% LTV with no product fee.