The changes to NatWest’s new business rates will come into force from 22 August.

Within its new business core residential range, select rates will change by up to 0.16%. This includes its five-year fixed remortgage rate at 60% LTV with no fee, which will fall from 4.31% to 4.15%. Its five-year fixed purchase rate at 90% loan to value (LTV) with a £995 fee will increase from 4.68% to 4.83%.

In its new business first-time buyer range, pricing will go up by around 0.15%. For instance, a five-year fixed purchase rate at 90% LTV will rise from 4.68% to 4.83%. The deal has a £995 fee and £250 cashback.

On the new business Help to Buy side, rates will fall by around 0.16%. Its five-year fixed rate remortgage deal at 60% LTV with no fee and £500 cashback will fall from 4.46% to 4.3%.

Green mortgage deals will go down by around 0.1%, including its five-year fixed rate remortgage at 60% LTV with a £995 fee and £250 cashback, which will go down from 4.1% to 4%.

Sponsored

Are you up to date with the latest vulnerability requirements?

Sponsored by Halifax Intermediaries

The changes come off the back of NatWest making changes to its existing customer range on 20 August.

 

HSBC lowers rates with sub-4% deals available

HSBC has lowered select rates, including residential, first-time buyer, homemover, remortgage, buy to let (BTL) and international residential and BTL deals.

Residential existing customer switching and existing customer borrowing more from 60% to 95% LTV will reduce, and prices start from 3.84%.

For first-time buyer products, including energy-efficient deals, two-, three- and five-year deals from 60% to 95% LTV will decrease and begin from 4.14%.

Residential homemover deals, including two-, three- and five-year deals with no fee and standard products, from 60% to 90% begin from 4.14%. Similar changes have been made to equivalent energy-efficient deals.

Two-, three- and five-year residential remortgage deals with no fees and standard fees from 60% to 90% LTV will fall, and pricing starts from 4.14%.

For residential remortgage energy-efficient two- and five-year products from 60% to 90% LTV, rates start from 4.14%.

Residential remortgage cashback two- and five-year deals from 60% to 90% LTV will go down, and rates start from 4.29%.

For BTL existing customer switching and BTL existing customer borrowing more, two- and five-year fixed rate fee-free and standard deals from 60% to 75% LTV will reduce. Pricing starts from 4.49% in both ranges.

BTL purchase and remortgage two- and five-year deals with no fee, a £1,999 fee and a £3,999 fee from 60% to 75% LTV will fall. Purchase rates begin from 3.99%, while remortgage deals start from 3.94%.

Within its international residential range, two-, three- and five-year fixed standard and fee-saver deals between 60% and 75% LTV will decrease. Rates start from 4.64%.

On the international BTL side, two- and five-year fixed fee-saver and standard deals from 60% and 75% LTV will go down. Pricing begins from 4.94%.

HSBC lowered residential and BTL rates last week, with sub-4% deals available.