RBS Intermediary Partners has reintegrated with NatWest Intermediary Solutions with immediate effect.
RBS says this change will primarily only affect brokers who use RBS Intermediary Partners.
The reintegration of the RBSIP brand into the core bank will mean that from 18 May only NatWest-branded mortgage products will be available to members of Tenet, PTFS and Ingard.
A spokesman for the RBS group says these brokers will also benefit from the new business development manager partnership model, which has been adopted by NWIS. This model was introduced at the end of last year.
This ensures that brokers have access to both field and phone-based BDMs.
The bank says it also has a support team in place to make this transition as simple as possible and to ensure there is little impact for customers.
Originally, these two brands were separated after European regulations stipulated that RBS had to hive off a number of its branches in England and Wales. It included the RBS Intermediary Partners brand as part of this sale in 2013.
RBS head of intermediaries Graham Felstead says: “We are pleased to welcome back the brokers from Tenet, PTFS and Ingard and are looking forward to continuing to build on these relationships.”
