NatWest cuts switcher rates by up to 40bps  

NatWest will cut residential rates for existing customers by up to 40 basis points from tomorrow (21 November).

Highlights of the high street lender’s reductions include:

Two-year switchers

• 60% LTV, fall by 40bps to 5.40%, with no product fee
• 85% LTV, fall by 23bps to 6.07%, with no product fee
• 90% LTV, fall by 18bps to 6.24%, with no product fee

Five-year switchers

• 60% LTV, fall by 29bps to 5.11%, with no product fee
• 75% LTV, fall by 26bps to 5.17%, with no product fee
• 75% LTV, fall by 21bps to 4.95%, with a product fee £995

The bank adds its two-year term end dates will move from 31 January 2026 to 31 March 2026.

While its five-year term end dates move from 31 January 2029 to 31 March 2029.

There are no changes to its new business rates.

Finopulse