In its core range, NatWest’s five-year fixed purchase deal at 90% LTV will reduce 0.24% to 6.09%, while its two-year fix at 80% LTV for purchases and remortgage will reduce 0.10% to 3.69%.

The two-year fixed rate at 75% LTV for purchase and remortgage will be cut from 3.99% to 3.79% and its two-year tracker will reduce by 0.1% to 3.39%.

In addition, NatWest has cut rates in its corporate range, with its two-year fixed rate at 90% LTV for purchase mortgages down by 0.10% from 5.79% to 5.69%.

Two of its tracker mortgages will see rate increases.

These are NatWest’s core range 18-month tracker at 75% LTV for purchase and remortgage, up by 0.10% to 2.79%, with the fee also increasing from £499 to £999.

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Its corporate range two-year tracker at 60% LTV for purchase and remortgage will rise by 0.16% to 2.45%.

Graham Felstead, head of intermediary channel at NatWest Intermediary Solutions, said: “We have continued to support the first-time buyer market by offering 90% LTV mortgages and accepting applications from government-backed shared equity schemes, so I am delighted with the rate reductions on our 90% LTV mortgages in both our core and corporate ranges.”