NatWest has entered a three-year partnership with Rightmove to become the platform’s exclusive mortgage lender.
From April, NatWest will power Rightmove’s Mortgage in Principle service, allowing users to assess how much they may be able to borrow as part of their property search.
The lender’s offering will sit alongside Rightmove’s existing affordability tools, including mortgage, stamp duty and renovation calculators, as well as property valuation services.
Rightmove said the move is intended to help buyers understand their budgets earlier in the process and provide agents with better qualified enquiries.
Solange Chamberlain, CEO retail banking at NatWest, said: “Partnering with Rightmove ensures NatWest can be there for customers at the exact moment they’re thinking about buying a home – combining our mortgage expertise, with a seamless digital experience.
“As we look to grow further, this new partnership expands the way customers can start their relationship with NatWest and will help us make homeownership a reality for even more people – bringing more joy and less stress to the home buying process.”
Johan Svanstrom, CEO at Rightmove, commented: “Our aim is to give people more confidence when they’re moving home. We help consumers to better understand what they can afford earlier in their home-moving journey, which in turn also helps estate agents or home developers have more qualified discussions with them. We’re excited to be partnering with NatWest as we continue to invest in innovative digital solutions to help make things quicker and more simple for everyone involved.”
