Reliance Bank joins MCI Club - Mortgage Strategy

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Reliance Bank has joined MCI Mortgage Club’s lender panel, it has announced today.

Formed in 1890 as the Salvation Army Deposit Bank, the lender says that social good remains its priority, and indeed MCI says that it can now offer its members more ethical choice.

Earlier this month, MCI Club added OneFamily to its panel.

MCI Club head Phil Whitehouse says: “It is a testimony to MCI’s growing popularity with lenders and intermediaries that we are one of a very small number of mortgage clubs that can distribute Reliance Bank mortgage products in the intermediary market.

“Reliance Bank are renowned for their high levels of customer service. MCI’s growing membership will be delighted by the opportunities to place more complex cases with a lender that has high levels of customer satisfaction at their heart.”

In further news, Reliance Bank says that it is accepting desktop valuations for properties for up to 75 per cent LTV.

On this, Reliance Bank head of mortgages Gareth Byrne says: “I am delighted to announce that we continue our pro-active approach to supporting the UK housing market during these challenging times.”


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