In the core range the rates on its two year fixed rate 70% and 80% LTV remortgages have been realigned to the equivalent purchase product rates. The 70% LTV remortgage has been reduced by 0.10% to 3.50% and the 80% LTV remortgage has been reduced by 0.50% to 5.29%.
Its 2 year fixed rate 80% LTV purchase product has increased by 0.10% to 5.29% with the two year tracker and five year fixed rate 60% LTV mortgages increasing by 0.20%.
In its corporate range it has reduced and aligned the rates on both its 2 year fixed rate 75% LTV purchase and remortgage products to 3.64%. It has increased the rates on its two year fixed rate 60% LTV purchase and remortgage products and the two year tracker 60% LTV remortgage by 0.20%.
Details of the changes to the NatWest Intermediary Solutions range:
RATE CHANGES
Core range
• Purchase: 2 year fixed will increase to 5.29% from 5.19% (4.0% SVR, 4.5% APR), 80% LTV, with a £999 arrangement fee until 28 February 2013.
• Remortgage: 2 year fixed will decrease to 3.50% from 3.60% (4.0% SVR, 4.1% APR), 70% LTV, with a £499 arrangement fee until 28 February 2013.
• Remortgage: 2 year fixed will decrease to 5.29% from 5.79% (4.0% SVR, 4.4% APR), 80% LTV, with a £999 arrangement fee until 28 February 2013.
• Remortgage: 2 year tracker will increase to 2.19% [NatWest base rate +1.69%](4.0% SVR, 3.9% APR) from 1.99%, 60% LTV, with a £999 arrangement fee until 28 February 2013.
• Remortgage: 5 year fixed will increase to 4.19% (4.0% SVR, 4.2% APR), from 3.99% 60% LTV, with no arrangement fee until 30 November 2016.
Corporate range
• Purchase: 2 year fixed will decrease to 3.64% (4.0% SVR, 4.2% APR) from 3.84%, 75% LTV, with a £999 arrangement fee until 28 February 2013.
• Purchase: 2 year fixed will increase to 2.95% (4.0% SVR, 4.0% APR) from 2.75%, 60% LTV, with a £699 arrangement fee until 28 February 2013.
• Remortgage: 2 year fixed will decrease to 3.64% (4.0% SVR, 4.1% APR) from 3.89%, 75% LTV, with a £999 arrangement fee until 28 February 2013.
• Remortgage: 2 year fixed will increase to 2.95% (4.0% SVR, 4.0% APR) from 2.75%, 60% LTV, with a £699 arrangement fee until 28 February 2013.
• Remortgage: 2 year tracker will increase to 2.55% [NatWest base rate +2.05%](4.0% SVR, 3.8% APR) from 2.35, 60% LTV, with no fee until 28 February 2013.
