NatWest mortgages are available to over 18s. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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Info for a second property
Here are our second home mortgage options
How much Stamp Duty would I pay on a second home?
If you buy an additional property in England or Northern Ireland, you may have to pay a Stamp Duty surcharge. This is an extra percentage of Stamp Duty on top of the normal rate.
Other similar charges may apply in Scotland and Wales.
Buying a holiday home
Your lender will need proof that one of your properties is used as your main home.
You'll also have to explain the purpose of the second property.
You can then apply for a second residential mortgage to help buy your new home.
If you get a mortgage for a holiday home, you won't be able to rent it out. If you're intending to rent it out, you should apply for a commercial loan.
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Buying a property to rent out
Look into the condition and location to make sure it's a sound investment.
The amount you earn in rent will have to exceed an agreed percentage of your monthly mortgage repayments.
Some lenders will limit the amount you can borrow to buy a rental property, or the number of buy to let mortgages you can have.
Learn more about buy to let mortgage eligibility at NatWest.
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Thinking of buying at auction?
If you're considering buying a property at auction, our guide can help you understand what's involved and what costs you may have to cover.
Check our mortgage calculator and get an AIP
Find out how much you could borrow
Our calculator can help you see how much you may be able to borrow and what different mortgages could cost you.
Get an Agreement in Principle
You can get a free, personalised indication of how much you may be able to borrow for a second property, and it won't impact your credit score.