Switching to a new NatWest mortgage rate is usually a quick and straightforward process for existing customers. Our free mortgage product transfer service helps you secure a new mortgage rate up to four months before your current mortgage product ends, protecting you against future rate rises while allowing you to benefit if rates improve before completion.
When can I switch my NatWest mortgage rate?
NatWest allows eligible existing customers to reserve a new mortgage product up to four months before their current mortgage deal expires.
Booking your new mortgage rate early can protect you against future interest rate increases while still giving you the opportunity to switch to a lower NatWest product if rates improve before your new mortgage completes.
How our NatWest mortgage switch process works
- Contact our team by telephone or complete our secure online enquiry form.
- We obtain details of the mortgage products available specifically for your NatWest mortgage account.
- We provide a clear summary of your available mortgage options.
- We explain the advantages of each product and answer any questions you may have.
- Once you have selected your preferred mortgage product, we arrange for your formal NatWest mortgage offer to be issued.
Benefits of a NatWest mortgage product transfer
- Secure your new mortgage rate up to four months before your current deal ends.
- No additional underwriting is normally required for a straightforward product transfer.
- You can usually switch to a lower NatWest product if rates improve before completion.
- No legal work is normally required.
- The process is generally quicker and simpler than arranging a remortgage.
Property valuations
For properties valued at up to £350,000 with a loan-to-value of up to 60%, NatWest will generally use its House Price Index valuation. Outside these limits, NatWest may obtain an updated valuation using one of its approved valuation methods, with the cost normally met by the lender.
Why use our service?
- Our NatWest mortgage product transfer service is completely free of charge.
- We review the mortgage products available specifically for your account.
- We explain your options in clear, straightforward language.
- We manage the application from start to finish.
- Where appropriate, we can also compare your NatWest mortgage options with products available across the wider UK mortgage market.
A mortgage secured against your home is a regulated financial product. We therefore need to collect some background information before progressing your mortgage rate switch. Our secure online application takes only a few minutes to complete.