New additional borrowing process announced by NatWest

NatWest’s updated Additionla Borrowing process is a welcome change - not because it creates new borrowing options, but because it finally gives advisers access to a route clients could previously only take direct. Borrowers can now apply for additional borrowing at any point in their deal, and they can do it with broker support. That’s a big improvement. It means we can give clearer, more holistic advice without sending clients back to the lender mid-term. It’s particularly helpful for those buying now but planning future work - whether that’s improving energy efficiency or funding an extension. They don’t need to over-borrow upfront or wait for their deal to end. Of course, any borrowing is still subject to affordability and criteria checks at the time, but this shift makes NatWest far more flexible and usable for clients over the long term.

NatWest’s move gives borrowers far more flexibility. Instead of waiting until their mortgage deal is up, they can now apply for extra funds whenever they need them. That could make a real difference for families looking to improve their home or cover unexpected expenses. Overall, I think it's a good idea because more options are usually positive, especially when it can work out cheaper than a personal loan. The key is that the borrowing is secured against the home, so people should be confident they can afford the repayments.

NatWest’s move to open up Additional Borrowing outside the product transfer window is a big win for both brokers and borrowers. Until now, brokers could only support clients with further advances when tied to a rate switch, forcing many customers back to the bank directly. Removing that barrier gives borrowers genuine choice, aligns with Consumer Duty principles, and ensures clients can access funds when they need them most through the adviser they choose and trust.