Rates effective 24th June
New Business product rates – effective from 24th June
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ONLY FOR USE BY MORTGAGE INTERMEDIARIES
As a reminder, you have 14 calendar days to upload all requested packaging. The day the case is submitted to us counts as day 1. If we don’t receive the full packaging within this timeframe, the application will need to be rekeyed.
Shared Ownership applications are not eligible for Free Legal products and should not be selected.
Rates effective 13th June. Expired COB 23rd June
New Business product rates and range guide – expired COB 23rd June
Rates effective 13th June
Standalone Additional Borrowing product rates – effective from 13th June
Important notice for Additional Borrowing: The maximum loan size shown in the rate sheet refers to the total mortgage amount. For additional borrowing, the maximum loan amount is £500,000.
Rates effective 8th June. Expired COB 12th June
Standalone additional borrowing product rates and range guide – expired COB 12th June
Important notice for Additional Borrowing: The maximum loan size shown in the rate sheet refers to the total mortgage amount. For additional borrowing, the maximum loan amount is £500,000.
Launch of new Shared Equity products and changes to our New Business product range
Effective 24th June we’re launching new 85% and 90% LTV Shared Equity purchase products and making rate reductions on our New Business product range.
New Shared Equity products
We’re launching new shared equity purchase products increasing our shared equity LTV from 75%, which could make it easier for more First-Time Buyers to get onto the property ladder.
· 2 and 5 year products available.
- Minimum loan size of 25k for all new products.
- Help to Buy remortgages will remain at 75% LTV.
For more information on our Shared Equity criteria, please visit our A-Z lending criteria page.
Rate change summary
You can download a PDF of our updated product range.
Submitting business to us
You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 11:59pm on Tuesday 23rd June. If the application isn't fully submitted by this time you’ll need to select a product from our new range.
For packaging assistance, please have a look at our Income and Packaging Hub. You can keep up to date with our current service levels here.
Existing customers
How to select Existing Customer products:
You can view deals available to your customer in the Broker Portal.
Once you’ve logged into the broker portal:
- Select ‘Create NatWest Product Switch’.
- Confirm your customer’s consent.
- Input your customer’s Mortgage account number, Date of Birth, Surname and Postcode.
- Confirm your customer’s details.
- If applicable, confirm if your customer is looking for additional borrowing and switch.
- You’ll then be taken to ‘Choose a new mortgage deal’ page, where you will see what deals are available for your customer.