Natwest will increase new business and existing customers rates by up to 0.65 per cent from tomorrow.
To secure existing deals, brokers will need to produce mortgage illustrations and submit applications online by 10:30pm on 29 June.
On the new business side, purchase rate will rise by around 0.35 per cent for select two and five-year deals.
In its purchase cashback range two and five-year deals at 95 per cent LTV will increase by between 16 basis points and 35 basis points and £350 cashback will be removed.
For remortgages, rate increases between up to 29 basis points will be applied, and rises of 35 basis points will be made on first-time buyer deals.
Shared equity purchase deals will rise by 0.65 per cent and Help to Buy will increase by around 59 basis points.
On the existing customer side, rate increases of up to 35 basis points will apply for two and five-year deals.
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.
