NatWest cuts rates across 196 mortgage products by up to 0.20%

NatWest has announced rate reductions across 196 residential and buy-to-let mortgage products.

Available from tomorrow, the changes mean the bank is now offering 16 residential mortgage deals below 5%.

In the lender's residential purchase range, rates have reduced by up to 0.17%, with two and five-year fixed rates at 60% LTV now starting from 4.87%.

Residential remortgage rates are down by up to 0.20%, with two-year rates now starting from 4.94% and five-year rates from 4.98%.

In NatWest's first-time buyer range, 85% LTV and 90% LTV are down by up to 0.12%, with green purchase and remortgage rates decreasing by up to 0.20%, starting from 4.87%.

Buy-to-let rates have decreased by up to 0.15%, with green purchase and remortgage rates at 65% LTV now available below 5%.

Standard buy-to-let purchase rates at 75% LTV are also now below 5%, with two-year fixed rates from 4.59% with a £3,999 product fee and five-year rates from 4.74% with a £5,999 fee.

The lowest buy-to-let remortgage rate is a five-year fixed rate at 4.49% with a £5,999 fee.