Legal & General Home Finance announces new agreement with NatWest

Interest-only mortgage customers of NatWest will be offered Legal & General Home Finance’s lifetime mortgages

The agreement will see Legal & General offer its lifetime mortgages, including its Optional Payment Lifetime Mortgage (OPLM) as a potential solution for NatWest interest-only borrowers aged 55 and above who are at the end of their mortgage term and unable to repay their loan. The agreement adds to existing arrangements with Virgin Money, Santander and The Co-operative Bank.

NatWest will offer interest-only customers who may benefit, the opportunity to speak with Legal & General’s specialist partner for advice on whether a lifetime mortgage would be suitable for them. As well as NatWest customers, other Royal Bank of Scotland customers will also be included in the scheme.

Read the full press release via the link below

Steve

We are committed to raising awareness about the transformative impact housing wealth could have to help these borrowers, enabling them to pay off their mortgage debt and enjoy the retirement they’ve always wanted, while remaining in the home they love. We’re delighted to be collaborating with NatWest...

Steve Ellis, CEO, Legal & General Home Finance

For further information

Margrit Williams

Interim PR & Communications Director, Legal & General Retirement Institutional

Legal and General Retirement

T: +44 (0)20 3128 1299

Send email

Nick Seymour

Rostrum Agency

T: 020 7440 8670

Send email

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