NatWest & Halifax Make Mortgage Rate Reductions

Halifax and NatWest have both updated their residential mortgage ranges, with NatWest also making improvements to their buy-to-let product options. All changes come into effect from today (22/04).

Halifax have made reductions of up to 0.19% to their purchase range, with remortgage products seeing improvements of up to 0.10%. NatWest reductions of up to 0.50% apply to a variety of purchase, remortgage, buy-to-let and 'green' products.

Updates mean both lenders now have leading 2 year purchase Fixed rates at 60% loan-to-value of 3.94%. Other highlights include a 4.15% 5 year Fixed rate with £995 fee at 75% loan-to-value from NatWest and 4.53% 5 year Fix with £999 fee at 90% loan-to-value from Halifax.

These latest changes follow recent trends of 2 year products becoming much closer aligned with longer term options, particularly at the slighty lower end of the LTV market.

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