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Natwest raises rates at 60-75 per cent LTV

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  • 03/11/2021
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Natwest raises rates at 60-75 per cent LTV
Natwest has increased the rates on its new business mortgages at 60 to 75 per cent loan to value (LTV) by as much as 0.15 per cent.

 

Changes include the two-year fixed rate purchase product at 60 per cent LTV with no fee, which has increased from 1.26 per cent to 1.31 per cent. 

The option with a £995 fee and £150 cashback has increased to 1.18 per cent from 1.08 per cent. 

Products at 70 and 75 per cent LTV with a £995 fee have both gone up by 0.05 per cent to 1.23 per cent. 

Across the two-year fixed rate remortgage offering at 60 per cent LTV, the product with a £995 fee and £150 cashback has risen to 1.18 per cent, while the fee-free option with £100 cashback has gone up to 1.39 per cent. Both signify increases of 0.15 per cent. 

Both the £995 fee-paying and fee-free options for a five-year fixed purchase mortgage at 60 per cent LTV have increased by 0.1 per cent to 1.23 per cent and 1.38 per cent respectively. 

Five-year fixed rate remortgages at 60 per cent LTV have increased by 0.05 per cent. The fee-free option with £150 cashback is now priced at 1.39 per cent while the £995 fee paying option has a rate of 1.18 per cent. 

Across its green mortgages, Natwest has increased rates on two and five-year fixed rate purchase and remortgages at 60 and 75 per cent LTV by up to 0.15 per cent. 

Changes come into effect from tomorrow.  

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