Natwest lifetime mortgage options for UK Homeowners in 2021 including RIO

natwest interest only mortgage rio

  • 1.97% MER
  • £279 valuation fee
  • No lenders fees
  • No brokers fee for a Natwest Lifetime Mortgage
  • Remove money from your property
  • No regular monthly payments unless you want to make them RIO
  • Help a member of your family buy their own home that they couldn’t afford otherwise

Rates as low as 1.97% with fixed rates for the lifetime of the mortgage of 2.03%.

No fees apart from a small valuation fee.

  • Your Requirements

  • Please enter a number from 4000 to 200000000.
  • Please enter a number from 50000 to 10000000.

natwest equity releaseCustomer Reviews and Example Cases

santander retirement mortgages

Sophie G from Aberdeen

The financial advisor I’ve had for 25 years said I could save inheritance tax by getting £350,000 of equity release. The money was lent at a very low-interest rate close to 2% and competitive with normal mortgages you would get by proving income. I have saved a lot of tax.

natwest interest only mortgage

Mrs E from London

My mortgage needed to be repaid to the existing lender. I thought I was going to lose my house. Thanks to Concise I got equity release to pay off my mortgage.

natwest life
natwest interest only mortgages

  • Your Requirements

  • Please enter a number from 4000 to 20000000.
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Customer Reviews


David P

With my power of attorney, I got equity release on my father’s house to pay for disability provisions including a lift and a new kitchen.

mr-g natwest interest only mortgage

Mr G from Kent

I got an interest-only lifetime mortgage and gave my sons £100,000 each so they could put a deposit down on a home. My money made it possible for them to get a very good mortgage deal, especially one son who is not well paid.

natwest equity release

Mrs L from Nottingham

I had to pay a valuation fee and a solicitor’s fee, but no lender or broker fees for my lifetime mortgage. As I was divorcing my husband of 30 years the money went to him for his share of the house. I am happy now as I am secure, and I do not need to move from my home.

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Mr Smith from Kendal

My financial advisor told me that I should get equity release and gift money to my 5 children now as it would save a massive amount of inheritance tax.

natwest interest only mortgages

Mrs V from Hastings

I had spent my life running up credit cards and loans then getting interest-only mortgages to pay off the debt. I got to retirement age and still owed the bank £160,000. The term was about to expire, and I could not afford the payments on my pension anyway.

I got £180,000 equity release and now I am more comfortable with no monthly repayments and I spent £20,000 on a new bathroom and kitchen. I now know I can stay in my home.

Natwest equity release

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Natwest Lifetime Mortgage

The 1st and 2nd charge lender will want to know if the property is a Freehold house or a Leasehold flat with share of freehold and if the resident is a Private Tenant.

Crown Mortgages interest-only RIO

One Family Drawdown Lifetime Mortgages

Just Drawdown Lifetime Mortgages

  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • Saga Equity Release Plans
  • Bridgewater Equity Release Schemes
  • L&G Legal & General Flexible Max Plus
  • HSBC Equity Release Plans
  • More 2 Life Flexi Choice Voluntary Payment Super Lite
  • TSB Equity Release
  • Bridgewater Equity Release Schemes
  • L&G Legal & General Flexible Max Plus
  • Nationwide Equity Release Plans
  • More to Life Flexi Choice Voluntary Payment Super Lite
  • Lloyds Bank Equity Release
  • TSB Equity Release
  • NatWest Interest Only Lifetime Mortgage
  • Royal Bank of Scotland Equity Release Plans
  • Pure Retirement Classic Drawdown Lite Plan
  • Stonehaven Equity Release Plan
  • More 2 Life Tailored Choice Plan

Wealthy business owners who could benefit from equity release tax planning

  • Manufacture of cordage, rope, twine and netting Whittlesey
  • Manufacture of non-electronic measuring, testing etc. equipment, not for industrial process control Knutsford
  • Factoring Hornsea
  • Production of ice cream Darlington
  • Undifferentiated goods-producing activities of private households for own use Aylsham
  • Collection of non-hazardous waste Basingstoke
  • Test drilling and boring Chatham
  • Manufacture of trailers and semi-trailers Southall
  • Collection of hazardous waste Great Dunmow
  • Manufacture of cleaning and polishing preparations Walton-on-Thames
  • Portrait photographic activities Colyton
  • Reproduction of video recording Leigh-on-Sea
  • Events of conference organisers Cullompton
  • Treatment and disposal of dangerous waste Rothwell
  • Mixed farming Folkestone
  • Manufacture of other non-distilled fermented beverages Bedale
  • Research and experimental development on social sciences and humanities Newton Abbot
  • Manufacture of essential oils Alcester

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UK Equity Release Providers – Natwest lifetime mortgage

  • Key Retirement
  • Crown
  • the Telegraph

natwest mortgage valuation fee

Drawbacks of Interest Only Lifetime Mortgages

Home reversion schemes can reduce the value of your estate. Monthly payment equity release may impact the ability to get state benefits. You may need to pay a broker’s fee, and some products expose you to changes in interest rates.

How much is it common to release from a home – lifetime mortgage NatWest

  • 50% home reversion schemes Fortify Insurance Solutions
  • 60% loan to value (LTV) lumpsum lifetime mortgages Lifetime Mortgage from L&G
  • 55% loan to value (LTV) monthly payment equity release 1st Stop Home Loans
  • 25% LTV monthly payment lifetime mortgage Earl Shilton Building Society
  • 55% loan to value home reversion schemes More2Life
  • 40% loan to value lump sum lifetime mortgages Prudential
  • 25% loan to value lumpsum lifetime mortgages Masthaven
  • 25% loan to value lumpsum lifetime mortgages Halifax

Legal & General - Flexible Indigo

It is very regular to find individuals looking for home reversion schemes, a Natwest lifetime mortgage, monthly payment lifetime mortgage or interest-only lifetime mortgages, however, Age Concern like AIG Life is keen to see paperwork to show your circumstances in the form of pension statements.

Natwest Lifetime Mortgage Over 55

Towns where a Natwest Lifetime Mortgage are routine

  • Reading
  • Exmouth
  • Tickhill
  • Wath-upon-Dearne
  • Wimbledon
  • Painswick
  • Liskeard

Rural towns

  • Bourne
  • West Ham
  • Adlington
  • Loughton
  • Cheltenham
  • Wantage

What percentage can be released?

The more aged you are and the more illnesses you have you are, the more tax-free money you can release.

These are the contact details of Natwest direct NOT Concise Finance

National Westminster Bank Plc. Registered in England and Wales (Registered Number 929027), Registered Office: 250 Bishopsgate, London EC2M 4AA. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

NatWest is entered on the Financial Services Register, and its Register number is 121878. The Financial Services Register can be accessed at NatWest’s registered VAT number is GB 243852752.

NatWest adheres to the Standards of Lending Practice which are monitored and enforced by the LSB. Find out more at

If you are not satisfied with any NatWest product or service, we have a complaint handling procedure that you can use to resolve such matters. NatWest is covered by The Financial Ombudsman Service. If you are still not satisfied after following the NatWest procedures, you can ask the Ombudsman to review the complaint.

You can find out more about The Financial Ombudsman Service in a leaflet available from any branch or by telephoning NatWest. Alternatively, you can write to Financial Ombudsman Service, Exchange Tower, London, E14 9SR or telephone 020 7964 1000.