2.56% APR Fixed NatWest Equity Release Schemes

Natwest equity release lifetime mortgage

No problems if you still have a mortgage.  Lifetime discounted rate of 2.56%

  • Tax-free lump sum or monthly income with a Natwest Equity Release Plan
  • No monthly payments unless you want to pay interest only called RIO
  • Stay in your own home
  • Use the money for anything you like – help your family, have a holiday or buy something you have always wanted

How much cash can I release?

You can borrow 65% of your home’s valuation. As an example, if your home is valued at £210,000 you can get £136,000.

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no negative equity guarantee

 

free equity release calculator

 

specialist equity release adviser

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one lump sum can effect means tested benefits

Challenging to mortgage property titles can include properties built on contaminated land, properties with any kind of structural defect, damp, dry or wet rot, properties with structural problems, corrugated iron construction and concrete panel houses.

 

when you are 85 years old you may need to move into long term care

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Does Natwest do Lifetime Mortgages?

Yes, Natwest does lifetime mortgages at 1.56% APR.

Common loan to value percentage ratios of Lloyds interest only mortgages for people over 70, HSBC later life interest only mortgages over 75, Post Office RIO mortgages over 75, L&G interest only mortgages for people over 60, Bank of Scotland equity release schemes for people over 70 and Nationwide equity release schemes for people over 70 are 45%, 55% and 65%.

Common retirement mortgage products include Lloyds Bank RIO mortgages, HSBC retirement mortgages, Post Office mortgages over 65, L&G equity release plans and Nationwide BS mortgages for over 60s.

Does Natwest offer Equity Release Under 55?

Yes, Natwest Equity Release Under 55 is 1.56% APRC.

Does Natwest bank do a lifetime mortgage?

Yes, a Natwest lifetime mortgage is a great equity release product for people that don’t want to make monthly repayments.

Does Natwest bank offer equity release advice and the types of equity release including home reversion?

Yes, if you want to release tax free cash without early repayment charges a Natwest bank qualified equity release adviser may be able to help you get a good one off lump sum.

 

Debt Consolidation Loans Poor Credit

 

Regular mortgage optional repayments based on the youngest homeowner

Common retirement loan offerings include Lloyds help to buy for over 60s, Barclays Bank mortgages for people over 50, Natwest interest only mortgages for over 60s, Legal and General help to buy for over 60s and Nationwide Building Society pensioner mortgages over 70s.

You can contact our business team 24 hours a day, 7 days a week.

UK: 03457 11 44 77

Overseas: +44 3457 11 44 77

Minicom: 0800 404 6161

Address and phone:

Natwest

1 Princes Street
London
Inner London
EC2R 8BP
Customer support centre: 03457 888 444
(Int’l: +44 (0) 179 224 4609)
Opening times
Mon 08:30 – 17:30
Tues 08:30 – 17:30
Weds 10:00 – 17:30
Thurs 08:30 – 17:30
Fri 08:30 – 17:30
Sat Closed
Sun Closed

Loan to value for equity release?

You can borrow 60% of your home’s valuation. As an example, if your home is worth £190000 you can release £114000.  You may need to seek advice and make sure you get award winning service from a company that has a firm reference number and is authorised and regulated by the financial conduct authority.

Does Natwest do Retirement Mortgages?

Yes, Natwest Retirement Mortgages are 1.56% APR.

Does the Natwest equity release mortgage have a good interest rate?

Yes, the 2.56% fixed for life rate is a great market value offer including to pay off your existing mortgage.

How much does equity release cost?

There are no advice fees, no arrangement fees, no regular payments, no early repayment charge and a free valuation.  When releasing equity you just pay the interest and the amount you owe will grow over time.

Retirement Mortgage Calculator

Debt Consolidation For Bad Credit

Are equity release mortgages interest rates influenced by the value of your property?

Yes, financial advisers will tell you the ability to pay off your outstanding mortgage and raise cash as part of retirement planning will require property prices in your area and legal ownership of your home to be appropriate.

Finding help when it’s necessary for re-mortgage or use Natwest Equity Release or other equity release products?

It’s usual to find people searching for awful credit remortgage loans, remortgages poor credit history or can I get a remortgage with bad credit history however secured loan lenders like Metro Bank Plc are keen to see proof of income in the form of two letter, payslips or accounts.

Proof of income for a mortgage or secured loan – equity release loan:

Loan companies such as Prestige Finance, Masthaven or Equi finance often accept paperwork to show monthly income with

  • wage slips
  • P60s

Tough to finance home titles include properties built or converted into dwellings more than 10 years ago, properties with a large number/scale of outbuildings, properties with a small number of solar panels or a wind turbine on the land for domestic use, properties with flying or creeping freeholds which comprise over 15% of the total floor area and properties where Japanese Knotweed is present.

Types of subprime credit and the equity release council

Lenders such as Natwest Equity Release, United Trust Bank or Norton Finance can often give loans to people with

  • County Court Judgements
  • Default notices
  • Discharged Bankrupt

Opportunity for secured loans from an equity release provider

It’s usually a lower overall cost to get a second charge loan than a refinance.

Hard to mortgage property types include difficult roof structures, properties with single skin brickwork where the single skin comprises more than 20% of the surface area of the external walls, properties with minimum floor area of 30 square metres, studio flats outside the M25 and freehold flats (England, Wales, Northern Ireland).

Qualifying for impaired credit company options:

  • Secure Trust Bank have two equity release options
  • Foundation Home Loans based on your property value
  • Hanley Economic Building Society independent legal advice
  • Secure Trust Bank’s existing customers based on the value of your home
  • BlueZest financial adviser for the property ladder
  • Tesco Bank property wealth with minimum age
  • Skipton Building Society financial conduct authority
  • Pepper loans a type of equity release
  • Untied trust bank drawdown lifetime mortgage

Difficult to finance property types can include properties in poor condition, properties where tenants live in a self-contained part of the property, right to buy – properties in England, Wales and Northern Ireland, commonhold properties and properties with single skin brickwork.

Common remortgage durations with Hanley Economic Building Society and Natwest Equity Release

  • Five years
  • 15 years
  • 25 years
  • 20 years

Charges and compound interest based on personal circumstances

  • valuation fees
  • lenders fees
  • broker fees

Finding help when it’s necessary for a homeowner loan

  • Independent Advisor
  • Loan Broker
  • Release Equity specialist

It is often found to see people seeking out where to get a mortgage with bad credit, adverse credit mortgage lenders the UK or horrible credit mortgage loans however home loan lenders like Platform BTL are keen to see paperwork to show monthly income in the form of investment statements, bank statements or pay stubs.

Some of the most common LTV ratios of Virgin Money lifetime mortgages for over 55s, Shepherds Friendly lifetime mortgages for over 60s, Sainsburys interest only lifetime mortgages for over 60s, Skipton Building Society mortgages for over 65, West Bromwich Building Society help to buy for over 60s and Progressive Building Society interest only lifetime mortgages for over 70s are 35%, 55% and 70%.

Loan to Value for your main residence

It’s common to find people looking for loan to value percentages of 60%, 65% or even as much as 95% however its hard to get 95%.  For equity release, 50% is common depending on the age of the youngest property owner.

Seeking guidance when it’s necessary for fast remortgage for home improvements and inheritance protection

It is common to find individuals searching for bad credit remortgage loans, adverse credit remortgages UK or remortgages for poor credit history however home loan lenders like Magellan Homeloans are keen to see evidence of affordability in the form of bank statements, sa302 documents or DWP letter.

Charges for 2nd charge loans

  • booking fee
  • application fees

Some of the most common loan to value ratios of LVE later life borrowing schemes over 55, More2Life help to buy for over 60s, OneFamily over 60 lifetime mortgages no fees, Yorkshire Bank mortgages for over 70s, Principality Building Society mortgages for 60 plus pensioners and Sun Life mortgages over 65 are 40%, 60% and 65%.

Lenders terms and rates for Buy to let Residential Property including for subprime credit

  • Discounted rate mortgages Newbury
  • Flexible mortgages Halifax

The lender will want to know if the property is a Freehold house or a Leasehold flat and if the occupier is a person over 55 or under 55.