Kent Reliance has unveiled major changes to its mortgage range.
Its mortgage portfolio now includes a new large loan residential product range and new standard and specialist buy-to-let large loan products for landlords looking to borrow more than £1m.
The OneSavings Bank plc business is also offering a new shared ownership range including 100% lending available against the share.
John Eastgate, sales and marketing director at OneSavings Bank, said: “We’ve used the review as an opportunity to strengthen our proposition to the large loan and affordable housing markets. Our 75% LTV large loan product has been very successful and we are confident that the introduction of an 80% LTV option will be equally well received by brokers.
“These loans will continue to be reinforced by our flexible underwriting and assessed on a case by case basis as this approach has resonated well with our intermediary partners.
“We are also delighted to launch a refreshed shared ownership range to provide mortgages for affordable housing an essential element of fully functioning housing market. Again we listened to our partners to give their clients the opportunity of part-owning a property to get that all important first step on the ladder.”
