The main bank range deal offers £250 cash back and at least one mortgage applicant must have an active NatWest or RBS current account into which at least £1,000 has been paid each month for the last three months.
The changes include a two-year fixed rate with £250 cash back on both purchase and remortgage, which is reducing from 2.79% to 2.49% at 60% LTV, with the product fee up from £995 to £1,495.
Rate changes to its core products include a cut from 3.29% to 3.19% with a £250 cash back on purchases and remortgages at 60% LTV with no product fee.
Mark Bullard, head of sales, NatWest Intermediary Solutions, said: “I am very pleased that we have been able to improve the rates on some of our more popular mortgages. We have one of the broadest mortgage portfolios supporting the intermediary sector that not only offers great choice, but also added benefits such as cash back, higher LTVs or the option for interest-only to those applicants that already have a banking relationship with NatWest or RBS through our main bank and current account ranges.”
