NatWest Introduces Airbnb-Friendly Mortgage Terms

In a move that is expected to provide a welcome boost to homeowners and aspiring homeowners, NatWest has introduced Airbnb-friendly mortgage terms that allow customers to homeshare and earn additional income.

The updated terms, which apply to both new and existing customers, are designed to provide a flexible income stream for homeowners who are struggling to make ends meet. According to NatWest, customers can earn up to £5,500 per year by renting out a spare room or their entire home on platforms like Airbnb.

Homeowners can now earn extra income by renting out their properties on Airbnb.

This could be a significant boost for families and households who are struggling to meet their mortgage payments. In fact, NatWest estimates that the additional income earned through homesharing could cover up to 69% of the average annual mortgage payment.

To benefit from the updated terms, customers must adhere to certain conditions set out by the bank. These include limiting the number of nights rented out to 90 per year and only using approved platforms like Airbnb.

NatWest’s updated mortgage terms offer a flexible income stream for homeowners.

By allowing homeowners to leverage their properties as an additional income stream, NatWest’s updated terms broaden the path to homeownership and provide a welcome respite for those struggling with higher interest rates.

In conclusion, NatWest’s Airbnb-friendly mortgage terms are a significant step forward for homeowners and aspiring homeowners. By providing a flexible income stream and additional earning potential, homeowners can now breathe a little easier and focus on achieving their dreams of homeownership.

NatWest’s updated mortgage terms offer a welcome boost to homeowners.