A minimum loan amount of £25,000 applies on all deals.

Its Help to Buy: Mortgage Guarantee Scheme will also see the rate on the 95% loan-to-value (LTV) two-year fixed no-fee product cut by 10 bps to 3.81%.

Residential rates are being cut by 5 to 25bps on two-year fixed rates and between 6 to 24bps on five-year fixes. The three-year fixed rate 60% LTV fee product is also reducing by 6 bps.

Rates on the standard residential remortgage three-year fixed rate 60% and 70% LTV fee products are reducing by 5 bps and the two-year buy-to-let fixed rate for purchase and remortgage sees cuts of between 19 to 23 bps.

Mark Bullard (pictured), head of sales, NatWest Intermediary Solutions, said: “Having broadened our product range in recent months, I am delighted that we are able to introduce a significant number of rate reductions – between 5bps – 25bps – across the full LTV range. We continue to have an appetite to lend and have maintained an attractive range of mortgages offering brokers and their customers a great choice whether they are first time buyers, homebuyers, remortgaging or buy-to-let investors.”

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