Kent Reliance for Intermediaries has launched a new residential mortgage proposition for brokers with clients who need flexibility around complex income streams.

Where appropriate the new offering could deploy the use of higher income multiples. 

Clients who may be suited to the proposition may include professionals with sustainable incomes that will increase due to attaining professional qualifications, clients who provide evidence of regular bonuses and/or those with more than one form of income. 

The new range will be available in two- and five-year fixes up to 95% LTV (excluding added fees). Rates start from 4.29% and the maximum loan allowed is £1.5m.

OSB group intermediary director Adrian Moloney says: “Now more than ever, the value of a specialist mortgage broker cannot be overlooked, especially for clients who may already be paying high monthly rents, but are unable to access home ownership through the high street as they need a multi-income stream to be considered.  

“This new flexible residential range is another example of us working with our broker partners and using our in-house expertise to handcraft positive lending solutions for clients.”