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Compare Natwest Loans

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  • Remortgage your House
  • Best Finance Rates Guaranteed
  • Fast and Easy Enquiries
  • Compare Natwest Mortgages
  • Best Rates for Remortgages
  • Compare Natwest Loans
  • Best Rates in the UK

Bridging Loans from NatWest

Bridging loans are normally used for property transactions. These loans are designed to aid people who are moving house and who wish to purchase a brand-new home before they’ve sold their existing home. When a property owner’s equity is locked up in a mortgage, bridging finance can be used to fund the purchase of a new property without having to wait.

A bridging loan can be especially useful for property managers, developers and people buying auction property. Home-movers may be planning to use a bridging loan to cover a break in a property chain so that they can purchase a brand-new property whilst waiting for a new mortgage to be arranged.

However, it is always important to remember that taking out a bridging loan does not ensure you will get a mortgage in the future.

How Does a NatWest Bridging Loan Compare to a Secured Bank Loan?

Overview

Bridging loans differ from traditional loan products as they are only for short-term funding issues, whereas long-term loans tend to have more general purposes. Bridging finance is also a lot quicker to arrange, with the funds being transferred to a borrowers account in a matter of days, compared to a number of weeks where more traditional methods of funding are concerned.

Interest Rates

When you compare the cost of a NatWest bridging loan against the more conventional types of property finance, there are certain factors that should be taken into consideration.

What To Consider

Bridging loan size – Bigger loans tend to have higher interest rates because they pose a bigger risk to the loan provider.

Repayment terms – If you decide to take out a closed bridging loan and you have set a concrete date for repayment, the amount of interest you can expect to pay will increase accordingly.

Close bridging loans vs. Open bridging loans – Closed bridging loans have the completion date set in stone, which minimises risk and reduces the interest rate. In comparison, open bridging loans have no fixed repayment date.

Property value – The value of your security will also affect the rate of interest applied to your loan. Again, the more risk a lender faces, the higher the interest will be.

Apply for a Bridging Loan Online

The first step in making an application for a bridging loan is to provide the lender with some basic information. Simply enter the type of bridge loan you want, the property you intend to use as security and your personal details into our online loan application form and when we have received your request for bridging finance we will then contact you for any additional details we require in order to process your application.

Bridging Loan Calculator

Our calculator is fast and simple to use and shows the relevant interest charges and various other costs associated with your bridging loan. There are numerous bridging finance companies who charge many different rates of interest along with a host of other charges. These charges can differ substantially, thus making it hard to supply a bridging finance quoting system online that’s capable of giving quotes for all circumstances. A bridging calculator is meant as a guide only and should be used accordingly. You can also use our online bridge loan calculator to compare NatWest bridging products with financing packages from other providers.

In addition to the interest, you will need to pay a collection of different charges when you apply for a bridging loan, including some or all of the following:

Charges Explained

  • Broker fees: If you use a broker, these cover the cost of hiring their services when searching for a suitable loan.
  • Valuation fees: These cover the property surveyor’s costs for performing a valuation of your property.
  • Legal costs: In most instances, these legal are charged at a set rate and are used to cover your bridging finance provider’s solicitor fees.
  • Exit fee: Approximately 1% of the loan should you decide to repay early; not every loan provider will charge an exit fee.
  • Arrangement fee: The expense of setting up the loan, which roughly equates to 1-2% of the loan.
  • Repayment fees: The cost of the paperwork at the end of your loan.

Development Finance at NatWest

NatWest offers an extensive range of development finance services, open to small and large businesses in England and Wales. Having contributed to the successful completion of thousands of ambitious projects, NatWest has built impressive expertise in such areas as:

  • Commercial property investment
  • Residential property investment
  • House building and residential development
  • Office builders and commercial property development
  • Hotel and hospitality financing
  • Purpose built student accommodation
  • Extensive landed estates

Along with the provision of dynamic development finance services, NatWest also offers a comprehensive consultancy for property developers. Eligibility is considered on a case-by-case basis, as are rates and overall borrowing costs.

However, if you’re looking for the very best development finance deals the UK market has to offer, you need to consider every deal available.

Unbeatable Deals from Leading Lenders

Here at Donkey Finance, we offer a 100% independent market comparison service for development finance customers. If you’re looking to secure development finance for any purpose, we’ll find the best possible loan to suit your needs.

Our exclusive network extends to dozens of major lenders and independent specialists across the UK. With our help, you’ll gain quick and easy access to an unbeatable development finance deal, with the most competitive interest rates and the lowest borrowing costs. Coupled with our unrivalled experience in the specialist lending sector, you’re in safe hands with the experts at Donkey Finance!

Tailored Development Finance

Like NatWest, we go the extra mile to create bespoke development finance solutions for every customer. By taking into account your objectives and your current financial position, we’ll link you with the most appropriate lender for your needs.

We’re also proud to specialise in accessible development finance for borrowers with imperfect credit histories. If you’re able to provide sufficient security to cover the loan, acceptance is almost guaranteed! Whatever your circumstances, we’ll do whatever it takes to organise the loan you need at an affordable price.

Whether you’re ready to go ahead or looking to ask a few questions on development finance, we’d be happy to hear from you. Contact the team at Donkey finance today for an obligation-free consultation.

Mortgages from NatWest

Regardless of whether you are an experienced investor or a first-time buyer, a mortgage calculator will give you a clear indication of the cost of borrowing when purchasing a new home or buy-to-let property. Online mortgage calculators are

Natwest Commercial Mortgages

A commercial mortgage is used to purchase a business or to purchase business premises. Commercial mortgage lenders usually need a down payment of 25% to 40% of the total value and mortgage terms can run for one year, up to forty years. Applying for a commercial mortgage is based on your company’s ability to make the repayments.

You will find that commercial mortgage lenders will usually examine your company before they quote you an interest rate. Typically they look at past performance, the current position and long-term future strategies. The rate of interest you are given might be based on these variables and might be greater if the underwriter recognises higher risk in the proposal.

You might need to offer a comprehensive business plan which demonstrates that you can make monthly repayments, and a professional appraisal will usually be required.

Buy to Let Mortgages from Natwest

Knowing if you are eligible for a buy to let mortgage from NatWest will help you to make investment decisions. If you are a UK resident between 18-70 years old, have an income of more than £25,000, and have a large enough deposit, then you may be considered. You can’t own more than nine buy to let properties and there are limits on how much money you can borrow. Finally, you must borrow a minimum of £25,000 over three years and the property has to be worth more than £50,000 and be habitable.

Application Procedure

NatWest makes it easy to apply for a buy to let mortgage either by making an appointment to come into the office or completing the application online. If you opt to apply online, then you will not be able to ask a staff member specific questions about your application; if you want additional help, then you need to come in. While mortgage lenders will not recommend a specific type of mortgage for you, they will be able to provide you with the information that you need to make a good decision based on your answers to questions. This leaves the final decision up to the borrower.

Help-to-Buy Loans from NatWest

Help to Buy is a scheme funded by the government that can help first-time buyers to get on the property ladder, with a small deposit of only 5%.

How Does the Scheme Work?

There are two ways you could benefit from this scheme:

  • Equity loans – where the government lends first-time buyers and existing homeowners money to purchase a new build property.
  • Mortgage guarantee – where the government guarantees your mortgage provider that it will cover part of any losses they may sustain if the mortgage isn’t being paid back

Commercial Loans from NatWest

A commercial loan is typically used to cover operational costs that a company may otherwise be unable to afford or fund.

When Are Commercial Loans Useful?

Commercial loans are used for a variety of different scenarios:

  • International expansion
  • Turnarounds & pre-packs
  • MBOs (Management buy-outs)
  • Funding a new contract

Our Online NatWest Loan Calculator

A loan calculator compares loans which are to be paid back between one and twenty-five years. The APR you will have to pay will depend on your circumstances, and can vary from 3.2% and 99.9%. You can compare the cost of various borrowing options by altering the amount required, loan term and interest rate.

You could also enter your personal budget and the calculator will tell you how much you’ll be able to borrow over a given period of time. Loan calculators can be used for all loan types, from home and business loans to secured and unsecured loans.

Secured Loans from NatWest

These loans are only offered to people that have a mortgage. Sometimes homeowner loans are referred to as a secured loan because the loan is secured, which could be repossessed should payments not be made. This lowers the risk to the lender, which may result in preferential rates of interest, however, presents a huge risk to the debtor who may lose their home if repayments have defaulted.

How Much Can I Borrow?

The amount you can borrow may vary, but homeowner loans are normally available from £10k to £500k. Homeowner loan lenders feel more confident giving loans to borrowers who are prepared to offer higher levels of security.

How Quickly Do I Have to Settle My Homeowner Loan?

Due to the huge amount of credit associated with a homeowner loan, repayments can be spread over a period of up to thirty years. This long-term could mean that debtors could take advantage of low-interest rates, however, remember that more interest will be paid if you chose to take advantage of a longer borrowing term.

Can Homeowner Loans Be Paid off Early?

Yes, there is the opportunity to pay off a homeowner loan early, but doing so might incur an early settlement charge, which will be added to the balance at the time that a settlement figure is requested.

Auction Finance at NatWest

NatWest Bank takes a somewhat unusual approach to the subject of auction finance. Despite offering plenty of helpful advice for those considering buying a property at auction, NatWest doesn’t actually offer specific auction finance products. There’s an extensive range of residential and commercial mortgages to choose from, but no targeted auction finance services.

For the prospective buyer, this could prove problematic. The reason is that when looking to buy a property at auction, time is always a factor. In most instances, full payment for the property must be made within a matter of days. Otherwise, you run the risk of not only losing the sale, but forfeiting the deposit paid on the day.

NatWest Bank is a popular choice for more traditional mortgage products, but may not be a suitable lender for auction finance.

Fast Access Auction Finance

The best auction finance deals bring two key characteristics to the table – affordability and timeliness. Here at Donkey Finance, we go the extra mile to maximise both for every customer.

Whatever your requirements, we’ll set you up with your ideal loan in the fastest possible time. From application submission to receipt of the funds you require, you’ll be looking at a matter of days, not weeks. In addition, we compare deals from lenders across the UK to keep borrowing costs as low as possible. From major lenders to the smallest independent specialists, we’ll consider every available option to find you an unbeatable deal.

It takes just a quick call to get started – reach out to a member of the team at Donkey Finance today.

Dynamic Borrowing for Property Purchase

Whatever type of property you are interested in buying, there are various funding solutions to consider. Even if your credit history is anything but perfect, we’ll do whatever it takes to set you up with a competitive deal.

We’d be delighted to provide you with a pressure-free, obligation-free consultation to discuss your requirements in more detail. Pick up the phone, or contact the team at Donkey Finance by e-mail any time.

Career Loans at NatWest

NatWest has grown to become one of the most popular lenders on the High Street for those considering career loans. Open to individuals currently training for a professional qualification, career loans are designed to cover essential costs while studying.

Career loans at NatWest are currently available only to those studying for a career in medicine, legal services and other select professions. The maximum loan value is set at £25,000, with both fixed and variable interest rates available. Repayment of career loans at NatWest doesn’t begin until the course has been completed, with no loan setup fees payable at any time.

But while NatWest may offer competitive career loans for future professionals, we strongly advise comparing all available options before going ahead.

Comparing Career Loans

It’s worth remembering that it isn’t just major lenders like NatWest that offer career loans. In fact, dozens of independent specialists across the UK could offer you better deals. It’s simply a case of comparing the career loans market in its entirety – precisely where we can help.

Donkey Finance offers a comprehensive range of brokerage services for the discerning borrower. Having built an exclusive network of specialist lenders across the country, we’re uniquely positioned to provide you with the best possible deal. Even if your financial history isn’t exactly spotless, we’ll ensure you’re offered a fair deal to suit your requirements.

If a personal loan could help get your career off to the best possible start, we’re standing by to offer our full support.

Honest, Impartial Advice

As an independent specialist, you can count on Donkey Finance to provide you with the honest and objective advice you need. We’re always happy to provide obligation-free, pressure-free consultations to discuss the available options.

Once again, the importance of comparing the UK market to find the best possible deal cannot be overstated. If you’d prefer to have the experts do it on your behalf, we’re standing by to step in.

Contact the team at Donkey Finance today to discuss your requirements in more detail.

About NatWest

Overview

National Westminster Bank, normally referred to as NatWest, is a member of the Royal Bank of Scotland Group. Credited with introducing innovations like telephone banking to the industry in the 1980s, NatWest currently employs around 33,000 people and operates hundreds of branches across the United Kingdom.

Financial Services

  • Bridging Loans
  • Commercial Loans
  • Mortgages
  • Homeowner Loans
  • Career Development Loans

How To Apply

While many of the financial products and services provided by NatWest can be applied for online, others require in-person meetings or telephone consultations. In any case, we can help you pinpoint and apply for the perfect product for your needs. Give a member of our customer support team a call today, or send us an email with an outline of your loan requirements.

Apply Now

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