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NatWest cuts interest rates by up to 0.15%

NatWest has reduced rates by up to 0.15% for new businesses and existing customers.

The lender's new two-year fixed rate purchase, high 80% loan-to-value (LTV) with £995 product fee fell by 10 basis points to 4.55%.

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The 80% LTV for a two-year fixed rate remortgage (with £250 cashback) has been reduced by 15bps to 5.20%.

5 year fixed rate purchase 90% LTV with product fee of £995 reduced by 10bps to 4.55%.

Other First Time Buyer (FTB) home changes include a two-year fixed rate with a 90% LTV reduced by 10bps to 5.10% with a £995 product fee and £250 cashback.

The LTV on a 5 year fixed purchase 90% with £995 product fee and £250 cashback drops by 10bps to 4.55%.

Lenders' buy-to-let (BTL) scope will also be reduced. The 60% LTV for the two-year fixed rate remortgage (including £995 product fee) fell by 8bps to 4.66%.

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