Mortgage Rate Articles

NatWest increases mortgage rates – Mortgage Strategy

 · Rate rise fears: Other borrowers are braced for increases in mortgage rates after the hike at RBS-NatWest But with banks are facing increased costs, others are likely to follow suit with rate.

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NatWest increases mortgage rates. On its semi-exclusive residential range, its five-year purchase rate has been increased from 2.46 per cent to 2.62 per cent, again at 85 per cent LTV. This does not have a product fee and offers 500 cashback. Its new deals include a five-year fix at 2.35 per cent, (60 per cent LTV) for purchases.

Only for use y mortgage intermediaries NWIS Mortgage Rates Existing Customer Rates Effect From 9th November 2018 Product Mortgage Type LTV Rate Product fee aprc repayment type cash Back ERC Yes/No SVR Minimum Loan Non Standard Max Loan Product Code Core Range 2 Yr Fixed Switcher 60% 1.55% £995 3.9% C&I / Int Only £0 Yes 4.24% £10,000 £.

More than 40 products are seeing rates cut with more than a dozen reduced by 50 basis points while many others are also being trimmed by at least 20 basis points. NatWest is also marginally increasing 16 product rates – with five basis points being the biggest increase.

NatWest will increase rates by up to 1.04% tomorrow as part of a wider refresh of its core and semi-exclusive residential and buy-to-let products. The lender’s 5-year Help to Buy shared equity remortgage to 75% LTV will jump from 3.59% to 4.63% with no product fee and 500 cashback.

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NatWest and TSB increase rates ahead of expected base rate rise 24.10.17 Anticipating a base rate rise from the Bank of England, several lenders including TSB and NatWest have increased rates on their fixed-rate residential and buy-to-let mortgages.

Mortgage Rates Moved Slightly Lower This Week Home buyers saw mortgage rates edge lower again this week, with rates remaining well below year ago levels. "Modestly weaker consumer spending and manufacturing data, along with continued jitters around trade policy, caused interest rates to decline throughout the yield curve," said Sam Khater, Freddie Mac’s chief economist.