- NatWest Lifetime Mortgages are fixed at 4.91% for the duration
- No fees payable to brokers or advisers
- Free home valuation included
- You can choose to make monthly payments if preferred
- Lifetime product with no fixed term
- No penalties for repaying early
To find out whether a NatWest lifetime mortgage meets your needs, please complete the form below:
NatWest Lifetime Mortgage
Understanding How Lifetime Mortgages Work using the value of your home to get tax free cash with no advice fee
A lifetime mortgage is a popular type of solution for people aged 55 and over who wish to access some of the value tied up in their house. It allows you to release money from your home without needing to move or sell, offering a way to improve your finances or enjoy money for a better lifestyle during retirement.
To be eligible, your property must typically be worth at least £70,000, although this can vary between providers. The product is a form of equity release regulated by the Financial Conduct Authority and backed by membership of the Equity Release Council, which ensures important consumer safeguards are in place.
With NatWest Lifetime Mortgages you stay in your home with no monthly repayments with a cash reserve
The mortgage is secured against your home, meaning the lender places a legal charge on the property. However, you retain full ownership of your home and can continue living there for the rest of your life or until you move into long term care. At that point, the loan plus any rolled-up interest is repaid, usually from the proceeds of the sale of the property.
Understanding whether a lifetime mortgage is right for you involves careful consideration of all applicant circumstances. This includes health, income, property type, and future intentions. The process usually starts with a conversation with a regulated adviser, followed by a detailed recommendation based on eligibility details and a thorough amount calculation tailored to your situation.
A lifetime mortgage could help you repay your existing mortgage with a loan secured on your home
It’s important to ensure you’re accepting the right terms when choosing a lifetime mortgage. Features such as interest rates, drawdown options, and inheritance protection vary by provider. Engaging with a trusted adviser and comparing products as part of a series of steps will help ensure that the solution fits your needs.
In summary, a lifetime mortgage offers a flexible way to access the wealth built up in your home. For many, it’s best approached as a two step process: first, understanding the product thoroughly and reviewing suitability based on personal and financial factors; and second, selecting the most appropriate plan through an adviser who understands the whole of the market.
NATWEST BANK – STRUCTURE, REGULATION, OPERATIONS & GLOBAL PRESENCE and the no negative equity guarantee commitment
🏦 GROUP ENTITIES & SUBSIDIARIES
| Entity | Jurisdiction | Reg No. / Type | Role / Business Segment |
|---|---|---|---|
| NatWest Group plc | UK (Scotland) | SC45551 | Parent holding company |
| NatWest Holdings Limited | UK | — | Ring-fenced UK retail holdings (NatWest, RBS, Coutts) |
| National Westminster Bank plc | UK | — | UK personal & business banking |
| The Royal Bank of Scotland plc | UK | — | Retail banking in Scotland, UK business |
| Coutts & Company | UK | — | Private banking |
| Ulster Bank Limited (Northern Ireland) | UK | — | Retail banking in NI, trading name under NatWest |
| Ulster Bank Ireland DAC (ROI)* | Ireland | — | Retail banking (ceased operations Apr 2023) |
| NatWest Markets plc | UK | 90312 | Investment banking, global markets |
| NatWest Markets N.V. | Netherlands | 33002587 | Continental Europe markets |
| NatWest Markets Securities Inc. | USA (Connecticut) | FINRA, SIPC | US broker-dealer |
| NatWest Markets Securities Japan Ltd. | Hong Kong / Japan | Kin‑Sho No 202 | Japan securities business |
| RBS International Ltd | Jersey, Guernsey, IoM, Gibraltar | — | Offshore personal & institutional banking |
| Lombard North Central plc | UK | — | Asset finance |
🛡️ REGULATORY AUTHORISATIONS Impacting NatWest Lifetime Mortgages
| Entity | FCA Ref | PRA Authorised | Intl Regulators |
|---|---|---|---|
| National Westminster Bank plc | Yes | Yes | — |
| The Royal Bank of Scotland plc | Yes | Yes | — |
| Coutts & Company | Yes | Yes | — |
| NatWest Markets plc | 121882 | Yes | — |
| NatWest Markets N.V. | — | — | DNB, ECB, AFM |
| NatWest Markets Securities Inc. | — | — | FINRA, SIPC |
| NatWest Markets Sec. Japan Ltd. | — | — | JFSA (Japan) |
| RBS International Ltd | — | — | JFSC (Jersey), GFSC (Guernsey) |
🌐 OPERATING ACTIVITIES
- Retail Banking: accounts, savings, mortgages, credit cards, overdrafts, home improvements finance, property value algos
- Business Banking: SME/current accounts, lending, merchant and invoice finance, asset finance
- Private Banking: wealth management via Coutts & RBS
- Corporate & Institutional: global capital markets, derivatives, risk management
- Offshore Banking: personal/institutional in Crown dependencies
- Asset Finance: via Lombard North Central
- Brokerage: US securities trading via NatWest Markets Securities Inc
- European finance: branch services via N.V. in EU
- Investment Services: debt capital advisory, M&A, FX trading
- Digital Banking: online, mobile, API integration for retail and businesses
🌍 GLOBAL LOCATIONS & CONTACT DETAILS for no early repayment charges redemptions
NatWest Group plc (Head Office) is ideal to get a lump sum from your current property value
- 36 St Andrew Square, Edinburgh, EH2 2YB, UK
- 📞 +44 131 556 8555
- 🌐 natwestgroup.com
National Westminster Bank plc
- 36 St Andrew Square, Edinburgh, EH2 2YB, UK
- 📞 0345 888 4444 (UK general enquiries)
- 🌐 natwest.com
The Royal Bank of Scotland plc
- 36 St Andrew Square, Edinburgh, EH2 2YB, UK
- 📞 0345 366 6666 (Scotland)
- 🌐 rbs.co.uk
Coutts & Company
- 440 Strand, London, WC2R 0QS, UK
- 📞 +44 20 7967 1000
- 🌐 coutts.com
Ulster Bank Limited (Northern Ireland)
- 80 Donegall Square East, Belfast, BT1 5LQ, UK
- 📞 028 9032 7444
- 🌐 ulsterbank.co.uk
NatWest Markets plc
- Reg Office: 36 St Andrew Square, Edinburgh, EH2 2YB, UK
- Business Office: 250 Bishopsgate, London, EC2M 4AA
- 📞 +44 20 7678 8000
- 🌐 ci.natwest.com
NatWest Markets N.V. (Netherlands)
- Claude Debussylaan 94, 1082 MD Amsterdam, Netherlands
- 📞 +31 20 464 3707
NatWest Markets Securities Inc. (USA)
- Stamford, Connecticut
- 📞 FINRA directory (US broker-dealer support)
- 🌐 via natwestmarkets.com
NatWest Markets Securities Japan Ltd.
- Tokyo Branch, regulated by JFSA (Kin‑Sho No 202)
RBS International Ltd (Jersey HQ)
- 44 Esplanade, St Helier, Jersey, JE1 4BP
- 📞 +44 1534 616 300
- 🌐 natwestinternational.com
Lombard North Central plc
- 1100 Century Way, Thorpe Park, Leeds, LS15 8ZA, UK
- 📞 +44 113 306 9000
- 🌐 lombard.uk.com
📞 KEY SUPPORT CONTACTS for home finance and any family member
- NatWest Retail UK Enquiries: 0345 888 4444
- Lost/Stolen Cards: 0370 600 0459
- Coutts Client Services: +44 20 7957 2424
- NatWest Markets London (Institutional): +44 20 7678 8000
- RBS International Jersey: +44 1534 616 300
Other issues to consider:
- lifetime mortgage loan amount
- lifetime mortgage interest rate
- existing mortgage loan amount
- Impact on state benefits and other means tested benefits
- Equity release advisers’ fees on the money you release
- The inheritance protection part of the money you release
- An existing mortgage for your loved ones
- The application process showing issues with inheritance tax unless you choose early repayment