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Joint Loans

Take on life together with a joint personal loan

Representative 5.9% APR

Fast and simple joint personal loans with NatWest

Get a quote with no credit score impact

If you both have a NatWest current account and you're looking for a joint loan, in most cases we’ll confirm the loan amount and rate at the start of your application with no impact on your credit score.

Apply in minutes

It can take as little as 10 minutes to apply for a NatWest loan online. We'll ask you to log in to Online Banking so have your details handy.  We will also pre-fill some of your details to make the journey easier.

Money in your account the same day

You could get your joint loan funds on the same day if you apply online, are unconditionally accepted and both parties sign their loan documents before 5.45pm Mon – Fri.

If we need to contact you for some additional information, it can take a little longer. 

About joint loans

Whether you’re working on a big dream or a little emergency, a joint personal loan could be an option if you’re looking to borrow money with a partner, family member or friend.

If approved, you could use a joint loan to: 

What to expect on your joint loan journey

We think it is important to let you know what you will need and what you will see in your joint loan application journey.

The first applicant will need to provide the following details for both applicants;

·         Address history for last 3 years

·         Income and expenditure details.

Once they have got their quote and completed the application, we will notify the second applicant to log in online or via their mobile app into the application.  This will allow them to check and confirm they are happy and sign their documents.

When both applicants have signed the credit agreement, we will carry out some final checks and release the funds if everything is in order.

Linking your finances

Taking on any new debt is a big decision, especially when you’re doing it as a team.

If you’re approved, your credit files will be linked and future lenders may take both your scores into account before approving you for any other borrowing. 

It’s also key to know that if the person you’re taking a loan with defaults on a payment or the entire loan amount, you will be responsible for the full payment amount. 

Borrowing terms

This is the length of time over which your personal loan agreement is in place. Our minimum and maximum terms for certain loan amounts are shown below.

Loan calculator

Home improvement loans are available over an extended term, up to 10 years.

How much would you like to borrow?

Representative 50  APR

The Representative APR changes based on the amount you borrow. You can borrow more than £7,500 over a period of up to 8 years.

Representative 50  APR

The Representative APR changes based on the amount you borrow.

How long would you like to repay?

20 Months

Representative Example

Borrowing

£7,500

Over

0 months

Monthly repayment

£137.55

Total repayment

£8,253.00

Representative

3.9

% APR

(Annual Percentage Rate)
Interest rate

3.9

% p.a.

(Fixed)

The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. We will never offer you a rate exceeding 29.9% p.a. (fixed), regardless of loan size. This means you're not guaranteed to get the rate you see in the calculator. 

The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. We will never offer you a rate exceeding 29.9% p.a. (fixed), regardless of loan size. This means you're not guaranteed to get the rate you see in the calculator. 

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What does APR mean?

APR can be confusing. Grab a cuppa, take a few minutes and read our guide to APR for some help.

Can I pay off my loan early?

Get a free personalised quote

If you both have a NatWest current account and you're looking for a joint loan, in most cases we’ll confirm the loan amount and rate at the start of your application with no impact on your credit score.

Let's get ready to apply

Before you apply, we need to check you're happy with a few things.

First, you can apply online if you:

  • are 18+ and a UK resident with a NatWest current account (held for 3+ months)
  • have not been declared bankrupt in the last 6 years
  • have not applied for a personal loan with us within the last 28 days.

Now please read a few other important things:

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application. 

Ready to apply?

Do you have NatWest online banking?
If you know your online banking details we can pre-fill some of your info - making the application process faster.
Are you applying on your own?

Great, let's get started

You're about to start your application so just a heads up:

To apply for a joint loan applicants must both:

  • be 18+ and a UK resident;
  • hold a NatWest current account for at least 3 months+
  • have not been declared bankrupt in the last 6 years; and
  • not have applied for a loan in the last 28 days
  • You'll need your Online Banking details to log in

The main applicant (the person about to start the application) should have both of your addresses, incomes and outgoings to hand. 

Let’s get you signed up for Online Banking

You’ll need to sign up for online banking with us in order to apply for a loan. The good news is that it normally takes only 5 minutes and all you’ll need is your sort code, account number and your NatWest Debit Card, if you have one.

 

Once you’ve registered, select ‘next’ to log in and apply for a loan.

Are you applying on your own?

Fantastic, you're all set!

Just a heads up - You will need your online banking details to log in and apply.

You're about to start your application so just a heads up:

To apply for a joint loan applicants must both:

  • be 18+ and a UK resident;
  • hold a NatWest current account for at least 3 months+
  • have not been declared bankrupt in the last 6 years; and
  • not have applied for a loan in the last 28 days
  • You'll need your Online Banking details to log in

The main applicant (the person about to start the application) should have both of your addresses, incomes and outgoings to hand. 

Other joint options...

Joint mortgages

Interested in a shared mortgage? Find out more about joint mortgages. Criteria apply, over 18s.

Joint bank accounts

Needing a shared bank account? Find out more about joint bank accounts. Criteria apply.

Joint savings

Saving towards a joint goal? Find out more about joint savings accounts. Criteria apply.