Kent Reliance for Intermediaries unveils new products and lower rates

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The lender, which is part of specialist lending and retail savings group OneSavings Bank plc, said the range offered lower rates and newly-introduced fixed arrangement fees on the residential products.

Adrian Moloney, group sales director at OneSavings Bank, said: “The announcement today shows our continued commitment to our intermediary partners, even in today’s challenging environment.

“Kent Reliance for Intermediaries has always been a constant player within the market and we will always strive to support our brokers in the best way that we can, by listening and adapting accordingly.

“Our experience and knowledge, combined with our common-sense lending, manual underwriting and individual case assessments, means we are far better placed to help brokers find the buy to let or residential loan they need for their client’s individual circumstances.”

Highlights of the new product range include new buy-to-let products designed to support the limited company landlord with rates from 3.04%.

It also offers residential rates starting at 3.29% with fixed £995 arrangement fees and the shared ownership rates start at 4.04%.

The specialist lender has also retained its large loan product range offering loans of between £1 million and £3 million to 75% LTV with rates starting from 3.69%.

Steve Olejnik, managing director of Mortgages for Business, said: “Kent Reliance for Intermediaries announcement of lower rates across a number of key product ranges is positive for the wider market and shows their commitment to providing good value to their customers.

“Clearly Kent Reliance for Intermediaries are the leading specialists in their field, who we know from personal experience, are able to deal with the most complex of situations flexibly but with that all important personal touch.”