NatWest cuts mortgage rates for a third time in a fortnight as lenders keep trimming fixed deals

NatWest cut selected residential and buy-to-let rates by up to 15bps from 8 June, its third reduction in a fortnight, with TSB, Halifax and Santander also repricing down. The moves track easing swap rates and competition ahead of remortgage season, not any Bank Rate change, which holds at 3.75%. For buyers, more sub-5% two-year fixes improve affordability at the margin; for sellers, cheaper finance supports demand. But this is margin-trimming, not a base-rate fall, and could stall if swaps turn.