RBS Intermediary Partners (RBS IP) will re-launch on Monday 2 December, more than three years after the channel closed in 2010.
The RBS Group will re-launch RBS IP, which will go on to become the mortgage intermediary business of Williams & Glyn’s.
Its mortgage products will initially be distributed through appointed representatives of Tenet Group and Personal Touch Financial Services
RBS IP will offer mortgages from 60% to 95% LTV, including a range of deals for purchases and remortgages. It will also offer buy-to-let for first-time buyers, homeowners and landlords.
It will be headed by Alasdair McDonald, who has over 25 years experience of the UK mortgage market having previously held other positions within the RBSG, Intelligent Finance and Newcastle Building Society.
McDonald said: “We have an experienced team of mortgage professionals ready to work with intermediaries from Tenet Group and Personal Touch in offering customers an additional route to applying for a mortgage with RBS Group.
"I’m excited by the prospect of working with our intermediary partners and look forward to helping as many customers as we can with their mortgage.”
RBS IP will be based in Birmingham with a team of phone-based business development managers supported by a sales support team that includes LiveTALK.
Members of the RBS IP team have been recruited from within the RBS Group.
Mortgage applications submitted to RBS IP will be processed in the same way as those from NatWest Intermediary Solutions.
TenetLime managing director Gemma Harle said: “This is excellent news for TenetLime and we are delighted to have been invited to play such an important part in RBS’s new intermediary strategy.
“Our members can look forward to an enhanced, dedicated service and an exciting range of bespoke products, to further improve service to their clients.”
Harle assured members who currently use NatWest that the facility would continue in the short-term until the transition was finalised.
Personal Touch Financial Services was established in 1994 and offers technical and regulatory support to more than 400 highly-qualified member firms, with a focus on the mortgage and protection sector.
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