Natwest will increase select new business and existing customer rates by as much as 0.75 per cent in some instances.
The changes will come into force tomorrow with mortgage illustrations and application submissions due by 10:30pm tonight for existing deals.
In its new business range, select residential purchase and remortgage rates have gone up by around 0.3 per cent.
This includes its five-year fixed rate at 90 per cent loan to value (LTV) which has gone from 5.19 per cent to 5.49 per cent. It is subject to a £995 fee.
In its first-time buyer range, increases of 0.3 per cent have also been applied with its two-year fixed rate purchase deal at 90 per cent LTV going from 5.56 per cent to 5.86 per cent. It comes with £995 product fee and £250 cashback.
On the existing customer side, rate rises of up to 0.75 per cent will be made, including its two-year fixed rate switcher deal at 80 per cent LTV which rises from 4.99 per cent to 5.74 per cent. It comes with £995 product fee.
Its fee-free five-year fixed rate switcher deal at 75 per cent LTV has increased by 0.7 per cent to 5.39 per cent.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
