NatWest Intermediary Solutions is increasing its maximum loan to value (LTV) for remortgage applications with additional borrowing (excluding unsecured debt consolidation).

It is returning its maximum LTV back to 90%, up from 80%.

If any element of the loan request is to consolidate debts, then the maximum LTV remains at 80%.

Secured borrowing/second charges (including shared equity and ownership staircasing requests) are not considered as debt consolidation, and can be offered up to 90% LTV.

If, following the property valuation the LTV exceeds 80% and debt consolidation has been requested, the loan amount will need to be reduced to return below 80% LTV

If any element of the remortgage is for debt consolidation, the maximum LTV remains at 80%.

Luke Christodoulides, Head of corporate accounts, said: “We are consistently reviewing our proposition at NatWest Intermediary Solutions to ensure we can support a wide variety of customer types. This move highlights our support for the higher LTV market, and we’ll continue to demonstrate this support in the near future.”