Kent Reliance relaunches income flexibility offering with new resi range
The range includes lower rates, higher LTVs up to 90% with low deposit options and a reduced minimum loan.
"We’re confident it will be a timely boost for those clients with varied income sources, including self-employed and contractors"
Kent Reliance for Intermediaries has launched a new residential mortgage range which includes the return of its income flexibility proposition.
The range includes lower rates, higher LTVs up to 90% with low deposit options and a reduced minimum loan, offering brokers wider access to a variety of lending solutions for their clients.
Two, three and five-year fixed rates start from 5.69% and the income flexibility range has returned with LTVs up to 90%.
Minimum loan sizes now start from £50,000 and the entire range is available for purchase and remortgage, including day one remortgages.
Also launching are new shared ownership products with rates from 6.14% and up to 100% share value available.
Adrian Moloney, intermediary director at OSB Group, said: “This new residential range illustrates our ongoing commitment to brokers and we’re confident it will be a timely boost for those clients with varied income sources, including self-employed and contractors, who may be struggling to find a financial solution due to their particular circumstances.
“With our best in class BDM team coupled with our award winning manual underwriters, brokers can be confident that if there is a solution to their client’s cases then we will actively work with them to find and secure it.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Iress
Iress announces major upgrade to Xplan Mortgage platform
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
Lloyds
Lloyds partners with Connells and LMS to launch fully digital homebuying journey
FCA
FCA sued over compensation scheme that 'significantly underestimates harm'
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance
FCA
FCA announces changes to streamline senior managers regime