On the residential side, purchase and remortgage deals on two and five-year terms from 60% loan to value (LTV) to 85% LTV will fall by around 0.19%.

This includes its two-year fixed residential mortgage rate at 80% LTV, which will decrease by 0.19% from 5.04% to 4.85%. It has a product fee of £1,495 and cashback of £250.

Within its residential first-time buyer range, two and five-year fixed purchase rates at 85% LTV will go down by up to 0.13%.

An example includes its two-year fixed purchase rate at 85% LTV which will go down by 0.13% to 4.92%. It has no fee and £250 cashback.

NatWest’s shared equity deals from 60% to 75% LTV will fall by around 0.19%, including its five-year fixed purchase rate at 75% LTV with no fee which will decrease from 4.44% to 4.25%.

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The lender’s Help to Buy shared equity remortgage products at 60% LTV and 75% LTV will decrease by around 0.17%. Its two-year fixed remortgage rate at 75% LTV with £995 fee and £500 cashback will decrease from 5.12% to 4.95%.

Residential green mortgage products, both purchase and remortgage, will contract by around 0.18%. An example includes its five-year fixed purchase rate at 75% LTV with £995 fee will go down from 4.11% to 3.93%.

NatWest previously changed rates around two weeks ago, changing select new business rates, including residential, first-time buyer and green mortgage deals, by up to 0.16%.