NatWest cuts mortgage rates by up to 37bps across residential and buy-to-let
NatWest is cutting mortgage rates by up to 37 basis points, covering both residential and buy-to-let. The biggest move is on its 95% LTV five-year fix, down from 5.76% to 5.39%. It follows HSBC last week. For buyers, it's the first run of meaningful cuts since rates rose in February after the Iran conflict. The picture stays unsettled — swap rates remain higher than the start of the year.
What this means for…
Buyers· 2/3
Sellers· 1/3
Wider market· 2/3
Each axis scored 1 (minor) to 3 (major). Total 5/9.
More Rates commentary
19 Oct 2026 · Impact 6/9
Average two-year fix rises to 5.93% as mortgage deals stay on sale for only 13 days, Moneyfacts finds
15 Oct 2026 · Impact 4/9
Barclays raises six fixed rates by up to 22bps, mostly for existing customers, while trimming 90% LTV purchase fixes by up to 10bps
14 Oct 2026 · Impact 5/9
NatWest and HSBC cut selected fixed mortgage rates from 15 October, with NatWest's 90% LTV five-year fix down to 5.39%
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