Natwest Mortgage Review in Ballynacanon

Natwest Mortgage Review in Ballynacanon

If you want to find the best Natwest mortgage, then be sure you read our reviews and speak to our advisors for the best advice.

Reviewing UK Mortgage Lenders in Ballynacanon

Reviewing UK Mortgage Lenders in Ballynacanon

There are many mortgage lenders in the UK, which is why you need to do research to find the best loan for you.

Natwest Mortgage Lenders  in Ballynacanon

Natwest Mortgage Lenders in Ballynacanon

Natwest are specialists when it comes to mortgages as they can offer great deals and rates, but we always recommend that you take a look at a range of providers out there.

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Natwest Mortgage Review in Ballynacanon

If you want to find a Natwest mortgage review in Ballynacanon, then you are on the right page.

Trying to get a loan can be confusing, but we provide you with specialist advice that will help you find the ideal solution for what you need.

If you’re buying your first home, completing a remortgage or trying to sell an existing home, we can help you look for a loan.

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After finding out about our Natwest mortgage review, one of our expert advisors will be appointed to provide tailored help and advice and assist with each part of finding and applying for a home loan.

Furthermore, we could provide information on 95% mortgages, including shared equity systems that can help you get a much better home than you may have thought.

Please fill in the contact form to learn more about how we can help you decide on the ideal home loan and a suitable mortgage lender.

Who is Natwest?

Natwest is one of the biggest mortgage lenders; Natwest offer a range of mortgages, decent mortgage rates and potentially generous income multiples to homebuyers across the UK.

Their customers include first-time buyers, movers and remortgagers; they offer competitive rates to thousands of borrowers. 

The Natwest Group owns Natwest, including other lenders such as RBS and Ulster Bank. 

Keep reading to learn more about what kind of mortgages Natwest offers.

What Type of Mortgages Do Natwest Offer?

Natwest offers a wide range of the best mortgage deals, including:

  • Fixed-rate mortgages
  • Tracker rate mortgages
  • Green mortgages
  • 95% LTV mortgages
  • Cashback mortgages
  • Shared ownership mortgages

Reviewing Natwest Mortgages

Reviewing Natwest Mortgages is necessary as applying for your first home and loan in Ballynacanon is often confusing, and there are lots of questions you should ask.

Our specialists are always available to answer any queries and ensure you are well informed about the complete application process.

You can also obtain guidance on extra charges, which includes legal fees and surveys that could be carried out.

Getting your first step onto the property ladder may be difficult, but there's an abundance of assistance for new buyers looking for a reasonable mortgage lender.

Shared equity lending options and many other mortgage deals can be used to assist with looking for home loans. With the assistance of a first-time buyer plan, you could purchase the house you've always wanted.

Interest Rates on Natwest Mortgages

 Natwest offers the following interest rates to new borrowers:

  • 1.43% with a £995 product fee for 2-year fixed-rate mortgages up to 60% LTV.
  • 1.83% with no product fee for 5-year fixed-rate mortgages up to 75% LTV. 
  • 1.32% with a £995 product fee for 2-year fixed green mortgages up to 60% LTV. 

The interest rate may vary, but our mortgage advisors will ensure accurate mortgage rates before submitting your mortgage application. 

Natwest's lender's standard variable rate (SVR) is 3.59%.  

Natwest Mortgage Lenders

The Help to Buy plan is available on new houses from certain home builders and gives good interest levels.

You will need to give a minimum deposit of 5%, which enables you to obtain a government equity loan of 20%, together with a 75% lender mortgage.

FIND THE BEST DEALS HERE
An additional area of this scheme https://www.amazingmortgagedeals.co.uk/help-to-buy/mortgage-scheme/coleraine/ballynacanon/ is the Help to Buy Guarantee, which has demonstrated success for people thinking about purchasing a house.

Through this, house sellers and buyers can get home loans of 95%, with 15% offered by the government.

Both newly built and current properties are included in this system phase.

Find out more about mortgage providers here - https://www.amazingmortgagedeals.co.uk/reviews/nationwide/coleraine/ballynacanon/ or speak to us today.

Natwest Pros and Cons

There are many pros and cons to consider before applying for a mortgage with Natwest:

Natwest Advantages

  • Range of mortgages.
  • Green mortgages for eco-friendly homes. 
  • Cashback incentives.
  • Fee-free products with higher interest rates. 
  • Loans of up to 5 times the borrower's income. 

Natwest Disadvantages

  • Large product fees compared to competitors.
  • Resistant to giving mortgages to individuals with a poor credit history. 
  • Additional admin fees.

Keep reading to find Natwest home loan reviews from existing customers. 

Can You Make Overpayments on Your Natwest Mortgage?

Natwest customers are allowed to pay up to 10% of their outstanding mortgage balance each year. 

However, if you exceed the 10% limit, you may face an early repayment charge, depending on your mortgage plan.

You can always check the terms and conditions of your mortgage to understand the restrictions better.

How Much Can I Borrow from Natwest?

Typically, you can borrow up to five times your annual income with Natwest.

However, whether Natwest allows you this full amount for your mortgage will depend on your financial history.

If you have had credit problems in the past, you may not be allowed a larger mortgage. 

The amount you can borrow will depend on the following details:

  • Your age
  • The size of your deposit
  • If you have existing debts
  • Where you have bad credit or a weak credit history

If you have a strong credit score, you will likely receive a larger mortgage in principle from any established lender. 

If you do not have a good credit score, it will be much harder to get a mortgage. 

Natwest Mortgages Customer Reviews

Natwest placed 5th out of fifteen on a Which? review of the best mortgage lenders around.

The review was based on customer service, quality of communication, and value for money. 

Recent Natwest mortgage reviews left by existing customers have credited Natwest as straightforward, friendly, efficient, fair, and knowledgeable. 

FAQs

What is the maximum age for a Natwest mortgage?

The maximum age at the end of the term for a standard mortgage is 75 years old. 

The maximum age for an interest-only mortgage at the end of the term is 70 years old. 

The minimum age to apply for a mortgage is 18 years old. 

What is the maximum mortgage term with Natwest?

The maximum mortgage term with Natwest is 35 years for a standard loan and 30 years for an interest-only loan. 

For buy-to-let mortgages, the maximum term for a loan is 35 years, with a maximum age of 80.

How long does a Natwest mortgage application take?

On average, the Natwest mortgage application will take around five days to complete. 

You will then have to wait to hear whether your application has been a success. 

The length of time you will have to wait may vary. 

How can I get in touch with Natwest regarding my mortgage?

You can contact Natwest or a Natwest online mortgage adviser via several methods, such as their online banking platform. 

By accessing the Contact Us tab on Natwest's website, you can select the Mortgages page, where you will find further contact details. 

Get in Touch With Our Team

We can offer assistance with anything you require regarding Natwest mortgage advice. Simply complete our contact form to get in touch immediately and discover more info on everything we can do. 

Getting your first step onto the property ladder in Ballynacanon may be difficult, but assistance is abundant for first-time buyers.

Shared equity lending options and many other deals can be used to assist with looking for home loans.

With the assistance of a first-time buyer plan, you could purchase the house you've always wanted.

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