fbpx

Kent Reliance extends offering within HMO and MUFB range

Jake Carter

November 19, 2020

FTBs

Kent Reliance for Intermediaries, part of the OneSavings Bank group, has extended its offering within its HMO and MUFB range to include 10 bedrooms or units.

According to the lender, the decision stems from wanting to create greater choice to its intermediary partners who are seeking solutions for larger HMO and MUFB cases.

Products within its HMO and MUFB range start from 3.79%, are available up to 75% LTV to £3m on one to six bedrooms/units, and up to 70% LTV to £1.5m on seven to 10.

In addition, the lender accepts limited company structures and those with less than perfect credit profiles.

Dawn Mirfin, group underwriting director at OneSavings Bank, said: “As a specialist lender, we’ve got the ability and experience to consider applications that other lenders may not be able to, because we look at each loan application individually and make a judgement based on the case’s own merits.

“Our service levels reflect our professional expertise and we’re pleased that our current buy-to-let service levels remain strong with AIPs assessed within 24 hours and a full underwrite within four days.”

Doug Hall, director at 3mc, added: “It is great news that Kent Reliance for Intermediaries is expanding their HMO and MUFB range.

“One of the many reasons we continue to work so successfully with this award winning team is that they have the expertise and service ability to deliver clear and consistent case decisions.

“These key factors ultimately enable our brokers to achieve timely and positive outcomes for their clients.”


Sign up to our daily email