	nat west cuts mortgage rate for new borrowers national westminster bank plc nwbl l announced a pct reduction in the mortgage  rate applicable to new mortgages taken out from june the new rate is pct apr annual percentage rate pct including fees for normal repayment mortgages and pct including fees for endowment and pension mortgages a spokesman for nat west said the position for existing mortgages is being kept under active review in the light of market conditions and an announcement will be made as soon as possible reuter 
