For shared ownership, all product fees have been eliminated, and rate reductions have been applied to 95% and 100% mortgage to shared value (MSV) fixed rates.

Now includes;

95% LTV lending in our income flexibility range, loans available up to £1.5million

Relaunching our extra flexibility range up to 85% LTV

Reducing 85% and 90% LTV fixed rates in core residential

Find out more: https://t.co/MCvyLL4Tvw

*For intermediaries only pic.twitter.com/ZizgmRYSsc

— KRFI Mortgages (@KRFI_Mortgages) March 15, 2024

For buy-to-let, Kent Reliance has reduced 80% LTV fixed rates by 50bps. The full range now starts from 4.59% and is applicable to all property types, including houses in multiple occupation (HMOs) with up to 20 lettable rooms.

“With the current economic backdrop, we were keen to provide some positive product options for brokers as we understand the challenges they are facing across the board,” said Adrian Moloney (pictured), group intermediary director at the OSB Group.

“At the end of the day, there are always clients wanting to transact, whether it’s for the next step towards a family home or an investment property so it’s important, as a lender, that we listen and adapt accordingly.  For example, our income flexibility products were designed to help newly qualified professionals, looking to purchase their first home but needing flexibility around income multipliers.”

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