NatWest Bank Mortgage Lender
NatWest Bank – UK Mortgage Lender
The NatWest Bank’s antecedents date back to the 1650s via the National Provincial Bank, founded in 1833 and the Westminster Bank, founded in 1836. These two banks merged in 1968 to form the National Westminster Bank. National Westminster Home Loans was set up in 1980. In 2000, the Royal Bank of Scotland took over NatWest, which, at the time, was the largest takeover in British banking history.
The NatWest Bank has around 2,600 branches throughout the UK.
Mortgage Products
Fixed Rate Mortgages: 2 year, 3 year and 5 year fixed rate mortgages and remortgages.
Tracker Mortgages: 2 year base rate tracker mortgages and remortgages.
Standard Variable Rate Mortgage: a variable rate mortgage where monthly repayments go up and down in line with the lender’s base rate.
Buy to Let Mortgages: 2 year and 5 year fixed rate mortgages and remortgages; 3 year and lifetime base rate tracker mortgages and remortgages.
Equity Release Mortgages: lifetime fixed rate mortgages are available for over 60s wishing to release capital from their homes.
As one of the large high street banks, NatWest has the advantage of being able to offer an extensive range of products and ease of communication. As well as the traditional mortgage offerings there are also 100% mortgages, buy to let mortgages and life time mortgages. Overseas investors are also catered for with mortgages available for properties in Spain.
Other products include current accounts, personal loans and credit cards. Investment products are also extensive including several funds and bonds which can be taken out independently of mortgages.
Category: Property Finance, Property News
