Natwest is reducing the rates across its new business and existing customer rates by up to 0.45 per cent.
The changes are effective from tomorrow.
Within its new business range, its core residential products, including purchase and remortgage deals, will be lowered by around 0.45 per cent.
This includes its no-fee five-year fixed purchase rate at 95 per cent loan to value (LTV) which will fall from 6.84 per cent to 6.39 per cent.
First-time buyer products will be lowered by around 0.28 per cent. Its five-year fixed rate purchase product at 85 per cent LTV will go from 5.72 per cent to 5.44 per cent and comes with £995 fee and £250 cashback.
Shared equity deals, including Help to Buy products, will go down by around 0.25 per cent, with its five-year fixed rate at 5.62 per cent cut by 0.25 per cent to 5.37 per cent. It comes with £995 fee and £250 cashback.
Green mortgages will decrease by around 0.2 per cent, with its two-year fixed rate at 60 per cent LTV falling from 6.09 per cent to 5.89 per cent. It comes with £995 product fee.
Within its existing customer range, two and five-year fixed rate switcher products up to 90 per cent LTV will decrease by around 0.1 per cent.
This includes its fee-free five-year fixed rate switcher at 75 per cent LTV will go from 5.79 per cent to 5.69 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.
