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NatWest cuts intermediary ratesNatWest Intermediary Solutions is cutting rates on of its three-year fixed-rate mortgages from today.

Rates on the residential deals, which carry a £995 product fee, will be cut by between six and 20 basis points.

This means that its three-year fixed rate to 60% loan-to-value will now have a sub-2% initial rate of 1.93%.

Rate changes:

60% LTV reducing by 11bps from 2.04% to 1.93%

70% LTV reducing by 7bps from 2.25% to 2.18%

75% LTV reducing by 20bps from 2.50% to 2.30%

80% LTV reducing by 20bps from 2.68% to 2.48%

85% LTV reducing by 6bps from 3.19% to 3.13%

90% LTV reducing by 16bps from 3.89% to 3.73%

All deals are three-year fixed-rate with a £995 product fee, and available both for purchases and remortgages.

Paul Kane, acting head of sales, NatWest Intermediary Solutions said: "2015 has been a record year for us with mortgage applications from intermediaries continuing to grow.

"Tomorrow's rate reductions come on hot on the heels of the introduction recently of our new emailing of customer documentation facility, which has been very well received."


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