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RBS plans Intermediary Partners brand relaunch and mortgage lending boost

  • 29/07/2013
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RBS plans Intermediary Partners brand relaunch and mortgage lending boost
The Royal Bank of Scotland is to relaunch its RBS Intermediary Partners brand later this year as part of wider plans to increase mortgage lending.

The group consolidated all lending through mortgage brokers into the NatWest Intermediary Solutions brand at the start of 2010.

However, with the mortgage market now growing once more the lender has announced plans to bring RBS Intermediary Partners back to the market later in 2013.

Previously RBS IP had dealt solely with house purchase mortgages while the NatWest brand concentrated on buy-to-let.

However, the lender told Mortgage Solutions that both brands would offer products from across the market. It added that the it was not planning any changes to the NatWest Intermediary Solutions proposition.

“With the funding in place to increase our lending, this new channel will give us even more opportunity to save our customers money on their mortgage or help them with their dream move,” a spokesperson said.

Last week RBS announced plans to increase its lending in the coming years. In addition, both RBS and NatWest have launched promotional campaigns and have started a recruitment drive for new mortgage advisers.

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