Barclays will increase mortgage rates by up to €7 billion on a number of residential deals tomorrow, while Natwest will take some of the buy-to-let products.
At Barclays, tomorrow’s changes will affect its buy-only products, including some Green Home and Premier deals.
Under the rate, a two-year fixed at 90% loan-to-value with an £899 fee rises by 7bps from 4.28% to 4.35%.
A fee without two years set at 90% LTV will increase by 7bps from 4.48% to 4.55%.
A two-year fixed at 95% LTV with no fee will increase by 7bps from 4.85% to 4.92% and the five-year alternative will increase by the same margin from 4.8% to 4.87%.
Separately, Natwest will remove 11 of the buy-to-let deals for purchase and remortgage tomorrow.
The lender has not revealed whether it will replace these products.
Among the purchase withdrawals are a two-year fixed rate at 75% LTV priced at 3.63% with a fee of £3,999.
It also includes a number of five-year solutions at 75% LTV—one at 4.08% with a £3,999 fee, one at 3.98% with a £4,999 fee and one at 3.88% with a £5,999 fee.
In the buy-to-let remortgage range it includes a two-year fixed rate at 65% LTV priced at 3.63% with a fee of £3,999.
Five year fixed rate remortgage deals included are 60% LTV products priced at 3.84%, 3.74% and 3.64% with costs of £3,999, £4,999 and £5,999 respectively.