Reliance Bank has refreshed its mortgage product range and maintained cashback incentives for key worker mortgage completions and shared ownership mortgage completions.
Key worker mortgage applicants now receive £400 cashback within 60 days of the date of mortgage completion with Reliance Bank. Cashback does not apply to cases where the borrowing amount is less than the £125,000 qualifying loan amount.
Shared ownership mortgage applicants receive £850 cashback within 60 days of the date of mortgage completion with Reliance Bank. Cashback does not apply to cases where the borrowing amount is less than the £75,000 qualifying loan amount.
All end dates have been extended to 30th November (30/11/2024 for all two-year fixed rate products and 30/11/2027 for all five-year fixed rate products).
Gareth Byrne (pictured), head of mortgages for Reliance Bank, said: “Its good to re-enter the market after a period of time spent improving service levels. I am pleased that we have maintained our cash back incentives for both Key Worker mortgage completions and Shared Ownership mortgage completions.”
