NatWest has also launched several core range products and has made cuts to a number of products in its corporate range.
The lender has also launched a series of 2-year fixed rate deals at 60% and 75% loan to value beginning at 3.59% at 60% LTV and 3.89% at 75% LTV.
In March, NatWest announced that its corporate range of mortgages would be available only to a panel of selected AR firms but that it would continue to monitor the situation and consider widening access to its product ranges in the future.
Following a review around 200 directly authorised firms will now have access to the corporate range. Those firms that will have access have been informed.
Mark Bullard, head of sales at NatWest Intermediary Solutions, said: “We are operating in a rapidly changing market and have to make sure that we are able to manage and control the volume and mix of business we receive to preserve our service standards.
“We pledged to review the situation and whilst we continue to take a measured approach, we are pleased to be able to widen access to our corporate range to a sizeable chunk of the DA market.
“We will continue to monitor the situation with a view to making the corporate range accessible to more intermediary firms. In the meantime, by introducing some new deals to our core range, those DAs and ARs who do not currently have access to the corporate range will also have a greater choice of products.”
