NatWest ups 95% LTV rates amid changes to mortgage range

NatWest has made a number of rate changes to some of its higher LTV residential mortgages and one buy-to-let mortgage in its core range.

The bank’s head of sale’s Mark Bullard says: “Brokers are currently enjoying a very competitive marketplace which is great news for them and their customers. We continue to actively manage our product portfolio to meet the demands of intermediaries and offer a broad range of attractive deals.”

From tomorrow, 3 May, the following rate changes will apply:

Residential 2 year fixed rate purchase

95% LTV increasing by 5bps from 4.09% to 4.14% (APRC 3.7%, SVR 3.75%), £0 product fee

 Residential 5 year fixed rate purchase

85% LTV decreasing by 10bps from 2.73% to 2.63% (APRC 3.3%, SVR 3.75%), £995 product fee

90% LTV decreasing by 10bps from 3.03% to 2.93% (APRC 3.3%, SVR 3.75%), £995 product fee

95% LTV increasing by 6bps from 4.59% to 4.65% (APRC 3.7%, SVR 3.75%), £0 product fee

Buy-to-let 2 year fixed rate mortgage

60% LTV decreasing by 13bps from 1.95% to 1.82% (APRC 3.6%, SVR 4.25%), £1,995 product fee