Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

NatWest Raises Mortgage Rates by Up to 27 Basis Points

NatWest has announced increases to its mortgage rates of up to 27 basis points, effective from 17 July 2026. This move follows recent rate hikes by Barclays, Nationwide, Coventry Building Society, and Virgin Money.

For standard residential purchases, NatWest’s lowest two-year fixed rate at 60% loan to value (LTV) is now 4.3% with a £995 fee. The lowest fixed rate for residential remortgages is 4.43% for a two-year green remortgage product at 60% LTV, also with a £995 fee. First-time buyer rates start at 4.65% for a two-year fixed mortgage at 85% LTV, with a £995 fee.

NatWest’s highest LTV residential products are available at 95% LTV, with rates starting from 5.3% for a two-year fix and 5.16% for a five-year fix, both of which are fee-free.

According to L&C Mortgages, some of the recent increases are equivalent to a £40-per-month rise in payments. The report notes that while there had been recent reductions in fixed rates, several major lenders have now announced increases to their fixed-rate deals.

These changes may impact letting agents and inventory clerks, as higher mortgage rates can affect landlord costs and the affordability of new property purchases or remortgages. The rate changes are part of a broader trend among UK lenders in response to market conditions.