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NatWest raises interest rates by 10bps

NatWest will raise interest rates by 10 basis points on a range of deals tomorrow.

Lenders are increasing prices on various products for new customers, product transfers, and additional borrowing.

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The lender's new business scope will see selected two-year and five-year fixed rates increase by 10 bps on the following categories of deals:

purchase
remortgage
High-value purchases and mortgage refinancing transactions
first time buyer
Buying stocks and refinancing your mortgage
Green purchasing and refinancing

Together has raised interest rates by up to 135 bps in a major price revision.

Clydesdale Bank also announced an interest rate hike of up to 30 basis points starting tomorrow.

And Mortgage Works will continue raising some interest rates tomorrow while lowering others.

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