Mortgage Strategy - NatWest lowers rates by up to 0.41%
NatWest has lowered rates by up to 0.41% to its new business, existing customer and additional borrowing product ranges, effective from 25 October.
The lender has made rate decreases across its purchase, high value purchase, shared equity purchase and green purchase ranges by up to 41bps and 31bps on selected two- and five-year deals.
Trinity Financial product and communications director Aaron Strutt told Mortgage Strategy magazine: “Just as we thought rates were going to rise for a bit longer NatWest has lowered them again. This is good news for borrowers especially given the concern about the upcoming budget.
“Clearly rates go up and down, but given how high rates have gone recently many are more anxious than normal especially when there is a prolonged period of price hikes.”
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