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Natwest ups new and existing customer rates

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  • 03/05/2023
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Natwest ups new and existing customer rates
Natwest has increased rates in its new and existing customer ranges by up to 0.81 per cent, with changes applied to residential, first-time buyer, shared equity and green mortgage deals.

The changes come into force from today.

In its core range, its residential five-year fixed remortgage rates have increased by around 0.1 per cent between 80 and 90 per cent loan to value (LTV).

This includes its five-year fixed remortgage rate at 80 per cent LTV with no fee going from 4.44 per cent to 4.54 per cent. It comes with £250 cashback.

 

First-time buyer

On the first-time buyer side, two and five-year fixed rate purchase deals between 85 and 90 per cent LTV have gone up by around 0.1 per cent.

This includes its two-year fixed purchase rate at 85 per cent LTV with no fee and £250 cashback that has jumped from 4.9 per cent to five per cent.

In its shared equity range, two and five-year fixed rate purchase deals have risen by around 0.1 per cent. For instance, its two-year fixed rate at 60 per cent LTV with no fee has gone from 4.79 per cent to 4.89 per cent.

 

Core and more

Within its core range, residential purchase and remortgage, shared equity and green mortgage deals have increased.

Its five-year fixed rate remortgage at 75 per cent LTV has increased by 0.21 per cent to 4.15 per cent. It has a product fee of £1,495.

Its Help to Buy shared equity five-year fixed rate remortgage at 75 per cent LTV has risen from 4.14 per cent to 4.35 per cent. It has a product fee of £995 and £250 cashback.

Its five-year fixed rate green mortgage at 75 per cent LTV has gone up 0.21 per cent from 3.94 per cent to 4.15 per cent. It has a product fee of £995 fee.

On the existing customer side, residential rate switcher, both two and five-year fixed rate terms have risen by as much as 0.21 per cent.

This includes its five-year fixed rate switcher at 75 per cent LTV going from 3.94 per cent to 4.15 per cent. Its product fee is £995 fee.

Its two-year tracker rate switcher deals have been cut by as much as 0.7 per cent. An example includes its fee-free two-year tracker rate switcher at 85 per cent LTV falling from 5.59 per cent to 4.89 per cent.

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