It fits clients needing extra flexibility
Kent Reliance for Intermediaries, part of the specialist lender OSB Group, has launched a new residential mortgage proposition to support brokers with clients who need flexibility around complex income streams and who, where appropriate, could deploy the use of higher income multiples.
This 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.
Key features of the new range include up to 95% LTV excluding added fees, rates from 4.29%, available two and five-year fixed rates, and a maximum loan size of £1.5 million.
Adrian Moloney (pictured), group intermediary director at OSB Group, said that the new flexible residential range is another example of their collaboration with broker partners.
“At Kent Reliance for Intermediaries, our underwriters are widely acknowledged as having best-in-class service as well as outstanding knowledge. Our expertise means we could provide a common-sense solution even if the case falls outside of standard criteria, with the ability to support a wide range of client types and differing income considerations,” he stated.
“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 homeownership through the high street as they need a multi-income stream to be considered.”
