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Sunday, February 22, 2026
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NatWest to lift restrictions on Buy To Let landlords

NatWest is announcing changes in its Buy to Let mortgage proposition and lifting all restrictions on landlords renting to tenants who are in receipt of housing benefits.

The decision comes after the bank conducted an extensive review of our Buy to Let policies, to better understand the market and challenges that landlords and their tenants face.

NatWest is grateful that Shelter and the Residential Landlords Association agreed to work with the bank in shaping its understanding of the challenges that their stakeholders face and submitted information and insight that fed directly into the review.

Speaking about the changes announced today, Ian McLaughlin, Managing Director of Home Buying & Ownership at NatWest, said: “I am pleased that we are introducing these changes and extending our policy to support smaller landlords in this segment of the market. We would like to thank Shelter and the Residential Landlord’s Association for their thoughtful and thorough contributions to the review, to help us better understand the market in this area, and bring our policies in line with those in our commercial segment.”

John Stewart, Policy Manager for the Residential Landlords Association, said: “We warmly welcome today’s announcement from NatWest. Around 20 per cent of all private sector tenants are in receipt of benefits and we need to do all we can to support them to find the homes they need. NatWest’s decision will make it easier for landlords to rent to benefit claimants, and agree long term tenancies where suitable. We urge other lenders to follow this lead.”

These changes will affect new and existing Landlords with fewer than ten properties. The outcome of the review extends NatWest’s policy, and brings it in line with its policies for commercial buy to let customers, who have more than 10 properties.

The bank has also decided to extend the maximum length of time of assured shorthold tenancy from 12 months to 36 months, which allows landlords to offer tenants the security of longer tenancies.

The policy change will apply from today to both new and existing customers and will apply to NatWest, Royal Bank of Scotland and Ulster Bank.

Disclaimer

This article is for media use only and is not a financial promotion.
Your property may be repossessed if you do not keep up repayments on your mortgage.
NatWest, Royal Bank of Scotland and Ulster Bank mortgages available to over 18s.

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