NatWest mortgages are available to over 18s. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
When you're looking for a home, not just any house will do. It needs to feel like home. And that’s the same for a mortgage. It's important to not just look at the balance and the mortgage term. Instead, think of your own personal situation and what’s right for you, for example, does a tempting low rate mortgage have a large product fee?
From fixed rate to interest only, we offer a whole range of mortgages.
The interest rate is fixed for this mortgage. So you’ll pay the same amount for a set period – e.g. two or five years.
This means you'll know exactly how much your payments will be, so you can plan a monthly budget to help keep your spending on track.
For a set period, often two, three or five years, your interest rate will rise and fall in line with another interest rate. This is typically the Bank of England’s base rate.
If the rate drops, your monthly payments will reduced but if the rate goes up, your mortgage payment will too.
Thinking of buying a property and renting it out? Then a buy to let mortgage could be right for you. Buy to let is similar to standard mortgages, but the interest rates tend to be higher. You may also have to put down a bigger deposit.
Buy to let mortgages can have fixed or tracker rates.
You'll only pay the interest on your mortgage and nothing on the capital you borrowed. At the end of your term, you’ll still owe the full amount, so it’s important to have a repayment plan in place.
We don’t offer this type of mortgage to all our customers and specific terms and conditions may apply.
An offset mortgage allows you to link your savings and current account to your mortgage.
You'll only pay interest on the difference between your mortgage and the balance of your savings account.
Plus, you'll still have full access to your savings.
When your initial mortgage deal is over, the standard variable rate (SVR) is the rate that you'll move onto. Your monthly mortgage payments will also change.
If you don't want to go onto the SVR, you can shop around towards the end of your current deal, for another mortgage.
