Related topic: NatWest

The bank has appointed managing directors for its Premier and everday banking teams, alongside a COO of retail banking.

Buy-to-let rates have also reduced by up to 0.24%.

The lender has also reduced buy-to-let purchase and remortgage rates by up to 12bps.

The announcement marks the bank’s first major acquisition since returning to private ownership.

NatWest has also launched a dedicated WhatsApp channel to support mortgage brokers and intermediaries. 

The bank has introduced more sub-4% fixed rates.

Remortgage rates have seen the largest reductions.

NatWest also announces new affordability criteria for new build and interest-only mortgages. 

The lender has also reduced first-time buyer rates and increased green mortgage and further advance rates.

The new suite of products will allow existing customers to apply for additional borrowing outside of their product transfer window and anytime during their mortgage term.