NatWest revamps range

It will be reducing rates on some of its 2 and 5-year 75% LTV residential deals and increasing rates of between 10-30bps on other residential deals.

The residential deals that are having their rates reduced are a 2-year fixed rate which decreases to 2.55% from 2.69% and a 5-year fixed rate, decreasing to 3.65% from 3.75%.

And a further 29 deals see an increase of 10bps.

Mark Bullard, head of sales, NatWest Intermediary Solutions, said: “We are continuing to receive a really good level of business from intermediaries.

“Having taken the opportunity to review our portfolio we are introducing changes that reflect current market conditions and will help us to balance our mix of business.”