What’s happening
With the UK Government withdrawing the Furlough Scheme at the end of October this year, we are pleased to confirm that we have reviewed and updated the policy and treatments for customers who were furloughed due to Covid-19.
What you need to know
We will be unable to help customers who remain furloughed and cannot provide evidence of a return to work date
If evidence can be provided, this should be in the form of a letter from the customers employer stating the return date, confirm the returning income, contract basis and be on the employers letterheaded paper or be sent from a recognisable business e-mail address. The guidance is effective from Thursday 27th August 2020 for all new mortgage applications.
What you need to do
Updated guidance can be found on the NatWest Intermediary Solutions Coronavirus Hub.
Self employed policy remains the same and guidance can be found on the NatWest Intermediary Solutions Coronavirus Hub.