NatWest - Extension period for new build properties


​NatWest have launched an offer extension to their Intermediary New Build proposition.

Article date: 09/03/2018

For customers arranging their mortgage through an intermediary, they will allow advisers to request an extension to an existing mortgage offer, at any point within the initial 6 month offer period. This means that customers could have a total offer period of up to 12 months.

Advisers can request an extension by populating an offer extension template where they will need to provide a declaration confirming any detrimental financial change to the customer’s circumstances, since the initial assessment.

The offer extension will be valid for 6 months from the point the extension is agreed.

For more information, please visit LiveTalk.