ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER DEBT SECURED ON IT.
Variable Rate Loan
A simple way to borrow
The Variable Rate Loan is designed for those who are comfortable with variable interest rates, and who may want to overpay or close their loan early.
- You can repay your loan early with no redemption charges
- With a variable rate of interest if the Bank’s base rate rises or falls, your repayments will increase or decrease
- You have a range of repayment options available to you so this loan can be tailored to best suit your needs
Your Relationship Manager will work with you to help you understand the process and to clearly explain all costs.

Summary of features
Loan term
Minimum loan term of 3 months, maximum 25 years
Variable rate interest
Linked to the NatWest International base rate for the life of the loan. There's no early redemption charge.
Repayment types
Capital & Interest, Capital only and Interest only options available
Important information
- An arrangement fee may apply, based on deal size and complexity.
- A security fee may be charged if any security is taken based on the complexity of the security.
- Security may be required. Product fees may apply. Over 18s only.