The lender confirmed that customers with a Help to Buy Shared Equity mortgage with another lender will be able to remortgage to NatWest on a like for like basis, keeping the same balance and term.
According to Natwest, two-year remortgage products start from 1.85% up to 60% LTV, 1.88% at 70% LTV, and 1.96% at 75% LTV and five-year fixed rates are available at 2.15% up to 60% LTV, 2.44% at 70% LTV and 2.26% at 75% LTV.
The Bank has also reduced rates across its residential purchase and remortgage products.
Two-year fixed rates have seen reductions of up 28bps at 90% LTV to 3.07% and 22bps at 95% LTV to 3.35%, both with no product fee.
High-LTV five-year fixes have been cut by up to 43bps and now start at 3.57% up to 90% LTV and 3.81% at 95% LTV, both fee-free.
Semi-exclusive five-year fixed rate purchase and remortgage products have also seen reductions of up to 25bps.
Mark Bullard, head of sales at NatWest, said: “We are constantly improving our products to ensure our proposition is the best it can be in current market conditions. Today’s launch demonstrates our commitment to continuous improvement.
At the same time we’ve taken the opportunity to make some significant rate reduction across our core and semi-exclusive range.”
