The lender will offer a two-year fixed rate product at 3.89% on buy-to-let mortgages up to 75% LTV from Friday August 2. It will also offer a discount offset product at 3.99% up to 70% LTV.
NatWest Intermediary Solutions has also cut rates across its range including a number of 90% LTV products. Its fee-free three-year fix will be available at 4.99% with the five-year equivalent at 5.05%, both available up to 90%.
Full product changes:
– Three-year fixed rate is decreasing to 4.99% from 5.15%, 90% LTV, £0 product fee
– Five-year fixed rate is decreasing to 4.85% from 4.99%, 90% LTV, £995 product fee
– Five-year fixed rate is decreasing to 5.05% from 5.39%, 90% LTV, £0 product fee
– Three-year fixed rate is decreasing to 2.34% from 2.40%, 60% LTV, £995 product fee
– Three-year fixed rate is decreasing to 2.40% from 2.55%, 70% LTV, £995 product fee
– Two-year fixed rate is decreasing to 2.40% from 2.55%, 75% LTV, £995 product fee
– Three-year fixed rate is decreasing to 2.60% from 2.79%, 75% LTV, £995product fee
– Five-year fixed rate is decreasing to 3.09% from 3.15%, 75% LTV, £995 product fee
– Five-year fixed rate is increasing to 2.79% from 2.75%, 60% LTV, product fee decreasing to £995 from £1495
Mark Bullard, head of sales at NatWest Intermediary Solutions, said: “This portfolio change shows our further commitment to the intermediary channel providing an even stronger proposition for our business partners.
“This in addition to our strong service offering builds on our increasing appetite to grow mortgage lending.”
