Need to know
This new collaboration comes as the Bank of England holds interest rates at 3.75%, signalling a shift towards tech-driven, faster borrowing in 2026
NatWest is partnering with Rightmove to offer instant verdicts on mortgages to those browsing property listings
NatWest has secured a three-year exclusive partnership with Rightmove to provide “instant” digital mortgage decisions directly within property listings. This collaboration arrives as the Bank of England holds interest rates at 3.75%, signalling a shift towards tech-driven, faster borrowing in 2026.
- Homebuyers can now receive an immediate “mortgage in principle” decision from NatWest while browsing property listings on Rightmove. This three-year exclusive deal aims to give consumers clarity on their borrowing power at the very start of their search.
- The service is integrated directly into property adverts and the Rightmove mortgages section for seamless access. Users who receive a positive digital decision can then transition straight into a full mortgage application with NatWest.
- This partnership supports NatWest’s broader commitment to lend £10 billion to first-time buyers throughout 2026. The bank intends to be present at the exact moment customers begin considering a home purchase to streamline the journey.
- On February 5, 2026, the Bank of England voted 5–4 to maintain the base rate at 3.75% despite inflation sitting at 3.4%. While a cut was avoided this month, the close vote suggests that further reductions are highly likely by spring.
- Experts predict the base rate could fall to 3.25%-3.5% by the end of the year if inflation continues to cool. Mortgage lenders have already begun pricing these expectations into fixed-rate deals, which are currently at three-year lows.
- About 1.8 million homeowners will see their fixed-rate deals expire in 2026, often facing a jump from historically low pandemic-era rates. Those switching from two-year fixes may find savings, but five-year fixers should prepare for higher monthly outgoings.
- The Financial Conduct Authority (FCA) is currently reviewing mortgage rules to help underserved groups, such as the self-employed, access the market more easily. These reforms, expected later in 2026, aim to encourage more flexible lending products and AI-driven advice.
- Current market trends show a significant rise in low-deposit options, with some lenders now offering 2% deposit mortgages for first-time buyers. This shift, combined with relaxed affordability tests, is helping to unlock the market for younger Gen Z buyers.