The specialist lender said it could offer up to 100% of the share loan from a minimum of £50,000 and up to £1 million to allow first-time buyers with small deposits a chance at purchasing a property.

What’s more, the products in the range, which are available up to 75% loan-to-value (LTV), have reverted back to the Bank of England base rate tracker of 4.5%.

The move by Kent Reliance, which is part of OneSavings Bank, comes hot on the heels of the announcement its sister brand, Precise Mortgages, has re-introduced its Help to Buy product range.

James Chidgey, new homes relationship manager at Mortgage Advice Bureau, said Kent Reliance for Intermediaries’ return to the shared ownership sector was a ‘welcome’ step.

“They’ve been a big supporter of new build through shared ownership for a number of years, adding their specialist bank approach to the sector with manual underwriting expertise, and can be relied upon for their consistent and flexible decisions,” he added.

Meanwhile, Adrian Moloney, group sales director of OneSavings Bank said the return of the shared ownership product range meant it was able to support an even wider range of customers.

He added: “Many mainstream lenders’ more rigid criteria and automated underwriting can struggle to support lending in this space. It’s vital therefore for our broker partners that they know they can turn to us for flexible criteria and propositions that match up to their client’s needs.”