Help to Buy mortgage guarantee
Help to Buy will dramatically cut the time it takes for aspiring homeowners to achieve their homebuying goal.
We expect to help 25,500 homebuyers in the next three years. With an average mortgage of £140,000, the total lent by RBS and NatWest is likely to exceed £3.5bn.
Some people we interviewed about trying to buy a home have been trying to get onto the housing ladder for years, while others depend on help from their parents to save for a deposit.
Listen to the views of those looking to become homeowners
Guarantee backed mortgages
RBS and NatWest are among the first mortgage lenders to offer guarantee backed mortgages from the start of the scheme. We offer a range of competitive 95% mortgages only available to first and next time buyers through Help to Buy.
Ross McEwan RBS Group CEO
“We are committed to helping as many people as possible across Britain to get on with their lives, to buy their first home, to move to a bigger house as their family grows. That’s why RBS fully support the Help to Buy mortgage guarantee scheme.”
Following the disposal of a portfolio of Irish real estate loans announced on 16 December 2014, The Royal Bank of Scotland Group plc (RBS) has announced the agreement to dispose of a further portfolio of loans to an entity affiliated with Cerberus Capital Management, L.P.. The disposal of this portfolio represents the final material transaction for RBS Capital Resolution (RCR) in Northern Ireland.
Forget 2014. Back then, the UK and US were the fastest-growing G7 economies. Now the UK has slipped into deflation and US growth appears to be stalling. In contrast, the eurozone’s surpassing expectations, with support from the ‘Hero’s’ at the European Central Bank. Europe’s not just become an arena for staging an annual high-camp pop-fest you know. Congratulations to Sweden.
The Royal Bank of Scotland plc reaches settlements with US Department of Justice and the Federal Reserve in relation to misconduct in its Foreign Exchange Business. Below are details of the settlements, disclosure notices in relation to activities in our Corporate and Institutional Banking business and Q&As with further details.
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