Log in start you customer's product transfer application.
NatWest existing mortgage customers may be able to do additional borrowing. It’s a quick and easy process. The new borrowing will be secured against their home. Longer terms are available which could be more affordable for many customers. If your customers existing mortgage deal is expiring/expired they can apply to have their current mortgage and the new borrowing secured under one mortgage deal making it easier to manage one payment.
Customers must have a mortgage with NatWest.
They must be resident in the UK.
They must be up to date with their current mortgage payments.
Only available through intermediaries if applied for in conjunction with a Product Transfer. At least one sub-account must be eligible to switch. Our Product Transfer window is four months.
Minimum additional borrowing: £10,000.
Maximum additional borrowing: £500,000.
Maximum LTV: 90%.
Where the customer is using the any funds for Debt Consolidation, maximum LTV: 80%.
Maximum age – 75 at the end of the term.
Maximum term – the term can be from 3 years to 40 years.
Any additional borrowing must be taken on Capital and Interest Repayment.
Our Packaging Requirements for additional borrowing are the same as those for new business applications.
Where additional borrowing is being raised for home improvements we may require additional information. Please see Home Improvements on our A-Z.
Send additional borrowing supporting documents with the customer’s existing mortgage account number in the email to: PackagingExceptions@natwest.com.
We’ll use a variety of valuation tools to get an up-to-date valuation.
You’ll be paid a procuration fee for additional borrowing.
The additional borrowing and the product transfer will be processed separately.
The procuration fee (minimum £250) for the additional borrowing will be paid first, once the funds are released.
Please see Procuration Fees.
Who can update me on the progress of my customer's additional borrowing application?
You can call our Broker line on: 0345 600 0205 (Relay UK: 18001 0345 600 0205) for an update on your customer's application.
The line is open Monday – Friday, 9am to 5pm.
At present, additional borrowing applications are not shown on Case Tracking.
System support:
Contact the Business Development Team via phone or LiveTALK