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NatWest to cut rates by up to 30bps

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NatWest Intermediary Solutions is cutting rates on a number of products from its core residential range by up to 30bps from tomorrow.

The rate on its two-year tracker up to 75 per cent LTV is being cut from 3.45 per cent to 3.15 per cent, with no product fee.

The rate on the five-year fix up to 75 per cent LTV is being cut by 20bps, from 3.35 per cent to 3.15 per cent.

In total, the rates on 18 of the lender’s 60 per cent, 70 per cent and 75 per cent LTV purchase and remortgage deals are being reduced.

NatWest Intermediary Solutions head of sales Mark Bullard says: “From the start of the year we have been building a more attractive range of products for the broker market in support of our greater appetite to lend. So, I am pleased to be able to further improve the value that intermediaries can offer their clients.”

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