Within its new business residential range, purchase, tracker and remortgage deals between 60% and 90% loan to value (LTV) will be cut by up to 0.12%.

This includes its two-year fixed rate purchase deal at 60% LTV with a £1,495 fee, which will fall from 4.14% to 4.02%.

On the new business first-time buyer side, rates will go down by 0.12%, including its two-year fixed purchase rate at 85% LTV with a £995 fee and £250 cashback, which will fall from 4.69% to 4.57%.

In its new business shared equity range, purchase products from 60% to 75% LTV will be cut by up to 0.12%. An example includes its two-year fixed purchase rate at 60% LTV with no fee decreasing from 4.55% to 4.43%.

For Help to Buy shared equity deals, remortgage products will go down by around 0.12%. Prices start from 4.38% for a two-year fixed rate and 4.02% for a five-year fixed rate.

Looking at its new business buy-to-let (BTL) range, purchase and remortgage deals up to 75% LTV will be cut by around 0.44%. Its two-year fixed purchase rate with a £995 fee will decrease by 0.44% to 4.8%.

Green mortgages and BTL green mortgages have also been cut by up to 0.12% and 0.38% respectively. This includes its two-year fixed green mortgage purchase rate at 60% LTV with a £995 fee, which will fall from 4.14% to 4.02%. Its five-year fixed rate remortgage in its green BTL mortgage range at 75% LTV with a £995 fee will decrease from 4.57% to 4.19%.

NatWest previously lowered new business rates a few weeks ago by up to 0.15%.