NatWest has made rate cuts of up to 12bps on products for new business customers.
Notable reductions for purchase only products include a cut of 2bps on a 90% loan-to-value (LTV) 2-year deal and up to 6bps on selected 5-year deals respectively.
For remortgages, NatWest has made reductions of up to 5bps on selected 5-year deals and of up to of 4bps on selected high value 2-year remortgage deals.
LendInvest cuts resi bridging rates
Within its Green Mortgages range, it has reduced rates for purchase products by up to 12bps and up to 6bps on selected 2 and 5-year deals respectively.
The lender has also increased rates by up to 7bps on 70% LTV deals and reduced product fees from £1,495 to £995.
There are also rate reductions of up to 10bps on selected deals and cashback decreasing to £0 on 60% and 75% LTV deals, and increasing to £200 on 85% LTV offers.
NatWest has cut rates by up to 4bps on a 60% LTV 5-year purchase product, with cashback decreasing from £250 to £0.
In addition, it has cut its product fee from £1,495 to £995 on a 70% LTV 5-year fix, and increased its cashback offering from £0 to £200 on a 80% LTV 2-year deal.