You are here: Home - Mortgages - Remortgage -

Natwest cuts rates launching 0.99 per cent five-year deal

0
Written by:
17/08/2021
Natwest has cut the rates in its purchase and remortgage range by up to 0.1 per cent and has removed selected green mortgage products from its range.

The changes are effective from today and include a 0.05 per cent reduction to its five-year fixed rate purchase product at 60 per cent loan to value (LTV) to 0.99 per cent.

Both its two-year fixed rates at 70 per cent LTV and 75 per cent LTV in its purchase range have gone down from 1.07 per cent to 1.03 per cent.

Its 80 per cent LTV purchase product has decreased from 1.63 per cent to 1.58 per cent, whilst its two-year fixed rate at 85 per cent LTV has been cut from 1.85 per cent to 1.81 per cent.

Natwest has also reduced its two-year fixed rate purchase product at 90 per cent LTV from 2.23 per cent to 2.13 per cent.

On the remortgage side the lender has slashed the rates for its five-year fixed rate at 60 per cent LTV from 1.04 per cent to 0.99 per cent, and its two-year fixed rate remortgage has fallen from 1.63 per cent to 1.58 per cent.

The lender is also removing some of its products in its green mortgage purchase range, including its five-year fixed rate 60 per cent LTV, which had a rate of 1.03 per cent.

It is also eliminating its two-year fixed green mortgage purchase product, which had a rate of 1.07 per cent, as well as its two-year fixed rate at 85 per cent LTV which had a rate of 1.84 per cent.

In its green remortgage range Natwest is removing its five-year fixed rate at 60 per cent LTV, with a rate of 1.03 per cent.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Flight cancelled or delayed? Your rights explained

With no sign of the problems in UK aviation easing over the peak summer period, many will worry whether holida...

Rail strikes: Your travel and refund rights

Thousands of railway workers will strike across three days this week, grinding much of the transport system to...

How your monthly bills could rise as the base rate reaches 1.25%

The Bank of England has raised the base rate to 1.25% as predicted – the fifth consecutive rise in just six ...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week