Compare the best NatWest home owner loan deals online
Natwest offer the opportunity for their existing mortgage customers to borrow more – up to 90% loan to value of their property in some cases. This money can then be used for almost any purpose, with a few exceptions such as land purchases or generating business capital.
For the latest home loan deals see the latest deals above or contact us on 0117 313 8872 or complete our loan enquiry form
Applying for a NatWest Home Loan
To apply for a Natwest Home Loan you must:
- Have a Natwest mortgage which you are paying back on a Capital and Interest Repayment basis
- Want to borrow less than 90% of your home’s value, including your existing mortgage
- Want to borrow a minimum of £10,000
- Understand that as with your mortgage, the money borrowed is secured against your home – which means that if you fail to make the correct repayments, you could put your house at risk
Benefits of a NatWest home loan
Features of NatWest home loans include:
- Extended repayment period – repay the loan as you repay your mortgage
- Consolidate your loan and mortgage payments into one monthly repayment
- Fund a home improvement scheme that could add value to your property
Potential drawbacks of a NatWest home loan
Although a Natwest home loan can be a useful option, it’s not the right choice for everyone. Points to consider when choosing a Natwest home loan include:
- As with your mortgage, the loan is secured against your home. Therefore, you may lose your home if you cannot maintain your repayments.
- Bear in mind that taking out a home loan will increase your overall mortgage debt and may mean that your mortgage takes longer to repay
For the latest home loan deals see the latest deals above or contact us on 0117 313 8872 or complete our loan enquiry form
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. If you are at all unsure of the suitability of a particular product for your circumstances you should seek independent financial advice.