Kent Reliance for Intermediaries has launched a number of new residential mortgages for purchase and remortgage as well as bringing out new Shared Ownership options.
It has also reissued its ‘income flexibility’ range.
The new residential products consist of two-, three-, and five-year fixes at up to 90% LTV.
Two- and three-year fixes start at 5.99%, while the five-year range begins at 5.69%, with an option of paying either a £995 or 0.25% fee, depending on the size of the minimum loan – £50,000 or £1.5m, respectively.
Kent Reliance’s new Shared Ownership range is also available as two-, three-, or five-year fixes and at up to 75% LTV with a 100% share value option available.
Rates here begin at 6.14% and each product charges a £399 fee.
The income flexibility range covers 75% LTV to 85% LTV borrowing across two-, three-, and five-year fixes, with rates starting at 6.49%.
As with the new residential products, a fee of £995 or 0.25% applies, depending on the loan amount taken out.
OSB Group intermediary director Adrian Moloney says: “This new residential range illustrates our on-going 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 business development management 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.”
