NatWest increases overpayment allowance to 20 % without incurring an ERC

Options
NatWest increases overpayment allowance to 20 % without incurring an ERC. The overpayment allowance which has increased from 10% will renew annually on the anniversary of the product draw down.

I just found this out today when I logged in to manage my mortgage so I thought I would mention it here in case anyone might benefit from knowing about the greater flexibility now available.
Meet your Ambassadors

Categories

  • All Categories
  • 343.6K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 449.9K Spending & Discounts
  • 235.8K Work, Benefits & Business
  • 608.8K Mortgages, Homes & Bills
  • 173.3K Life & Family
  • 248.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards