NatWest cuts rates for new resi, remortgage customers by up to 31bps   – Mortgage Finance Gazette

The high street bank says the changes cover:  

• Purchase, with cuts of up to 16bps and 11bps on selected two- and five-year offers
• , with reductions up to 16bps and 11bps on 90% loan-to-value two- and five-year loans
• Buy-to-let purchase, with cuts of up to 26bps and 30bps on selected two- and five-year deals
• BTL remortgage, with reductions of up to 30bps and 31bps on selected two- and five-year offers
• Green BTL purchase, with cuts of up to 23bps and 21bps on selected two- and five-year loans
• And green BTL remortgage, with reductions of up to 11bps and 31bps on selected two- and five-year deals

The lender says brokers must produce mortgage Illustrations and submit applications online for existing deals by 10:30pm on 23 February. 

It adds that for packaging assistance, brokers should consult its income and packaging guide.