The Latest Breaking News from NatWest

The new scheme will be rolled out to RBS customers later in the year.

Banking giant pledged to put safeguards in place to help ensure lending is affordable and scheme will be closely regulated

The new funding deal means the capital will not have to repaid in full until 2040 rather than previously in three

First UK high street bank moves into lucrative yet unregulated payment sector

People will be able to keep track of payments and see how much they owe through NatWest’s mobile app

The bank said it would put safeguards in place to help make sure lending is affordable

The bank is planning on launching the new product in summer 2022 and said it will put safeguards in place to help ensure lending is affordable.

Anyone looking for some extra help with the cost of living crisis could consider switching deals like the one offered by NatWest, though you will need to transfer £1,250 in order to get it

"We’ve seen the house plant trend skyrocket since the beginning of the pandemic"

NatWest, one of the biggest mortgage lenders in the UK, is part of the NatWest Group (formerly called the Royal Bank of Scotland Group). The group incorporates NatWest, RBS and Ulster Bank. NatWest is around 52% owned by the government after it was bailed out during the 2008 credit crunch.

RSM UK’s debt advisory team helped Thomas Plant Hire Limited secure deal from HSBC, NatWest and Barclays