Company Overview
NatWest is one of the UK's leading retail and commercial banks, serving over 16 million customers across personal, private, and business banking. Part of NatWest Group PLC, the bank has a rich heritage dating back to 1968 and is committed to championing potential in communities across England and Wales.
Key Highlights
- Founded in 1968 through merger of National Provincial Bank and Westminster Bank
- Part of NatWest Group PLC, one of the UK's largest financial services groups
- Serves over 16 million customers with comprehensive banking services
- Leading provider of green mortgages and sustainable finance solutions
- Strong commitment to digital innovation and customer experience
Purpose-Led Banking
NatWest is committed to championing potential by helping customers, communities, and businesses thrive. Their purpose-led approach focuses on supporting customers through life's key moments, including homeownership and property investment.
Mortgage Products
Residential Mortgages
- Fixed-rate mortgages (2, 3, 5, and 10-year terms)
- Tracker mortgages following Bank of England base rate
- Offset mortgages linking savings to mortgage balance
- First-time buyer mortgages with low deposit options
- Green mortgages with rate discounts for energy-efficient homes
- Help to Buy equity loan mortgages
- Shared ownership mortgages
Specialist Products
- Buy-to-let mortgages for property investors
- Professional mortgages for key workers
- Self-build mortgages for custom property projects
- Lifetime mortgages for equity release
- Commercial property finance
Green Mortgages
Rate discounts for energy-efficient properties
Digital First
Award-winning mobile app and online services
Offset Options
Link savings to reduce mortgage interest
Expert Support
Dedicated mortgage advisors and specialists
Key Features & Benefits
Unique Selling Points
- Leading provider of green mortgages with competitive rate discounts
- Comprehensive offset mortgage range linking savings to mortgages
- Award-winning digital banking platform and mobile app
- Strong commitment to sustainability and climate action
- Extensive branch network and relationship banking
- Integrated banking services including current accounts and savings
Green Mortgage Benefits
- Rate discounts of up to 0.25% for energy-efficient properties
- Additional benefits for EPC rating A or B properties
- Support for eco-friendly home improvements
- Contribution to carbon reduction and sustainability goals
- Free energy efficiency reports and guidance
Advantages
- Industry-leading green mortgage products
- Comprehensive offset mortgage options
- Award-winning digital banking services
- Strong brand reputation and reliability
- Extensive support and advisory services
- Competitive rates and flexible terms
Considerations
- Mainstream bank with standard lending criteria
- May not suit complex or specialist cases
- Arrangement fees on some mortgage products
- Limited availability in Northern Ireland
- High street bank processing times
Lending Criteria
Eligibility Requirements
- Age: 18-70 years at application, maximum age 75 at end of term
- Income: Minimum £20,000 per annum for residential mortgages
- Employment: Employed, self-employed, or retired with proof of income
- Residency: UK residents with at least 3 years UK address history
- Deposit: Minimum 5% for residential, 25% for buy-to-let
Assessment Criteria
- Maximum loan-to-income ratio of 4.5 times annual income
- Comprehensive affordability assessment including all expenditure
- Credit score and history evaluation with bureau checks
- Stress testing at current rate plus 3% buffer
- Property valuation and location risk assessment
- Detailed review of existing financial commitments