Brokers updates

May 18 2018 - Residential near-prime ranges available to all brokers

Near-prime available to all brokers
/
Kent Reliance

Our residential near-prime ranges
are now available to all brokers

Dear Partner

We are pleased to announce the extension of our near-prime residential proposition to all brokers from 9am Friday 18 May 2018.

Rates for the ranges start from 3.19% with up to a maximum 90% LTV, available for remortgages and purchases – this includes first-time buyers.

Our near-prime ranges include

  • No value limits on CCJs, arrears or defaults
  • Debt Management Plans accepted where satisfactorily conducted for a minimum of 12 months
  • Communication, Utility & Mail Order account performance ignored where the account balance is less than £500 (single or in aggregate)
  • Loans available from £100,000 to £500,000
  • Max age 85*
  • No minimum income for contractors
  • 1-year self employment accepted

Please view our complete Product Guide for more information.

*At the end of term.


Please provide the following documentation on all applications

  • Signed applicant declaration
  • Signed insurance declaration
  • Fully completed Direct Debit Mandate
  • Proof of income
  • Latest three calendar month’s personal bank statements for all applicants, plus last three month’s business bank statements for self-employed applicants

If these documents are not supplied this will lead to a delay in assessing your client's mortgage application and may result in the product being unavailable.


The near-prime range will be available from 9am on Friday 18 May 2018.

For more information, please contact your Business Development Manager.

Kind regards

Adrian Moloney

Sales Director

Kent Reliance for Intermediaries - OneSavings Bank PLC


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krbs, Kent Reliance Banking Services and Kent Reliance are trading names of OneSavings Bank plc. OneSavings Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (registered number 530504). Registered in England and Wales (company number 7312896).

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© OneSavings Bank plc 2018.
krbs, Kent Reliance Banking Services and Kent Reliance are trading names of OneSavings Bank plc. Registered in England and Wales (company number 7312896). Registered office: Reliance House, Sun Pier, Chatham, Kent, ME4 4ET. OneSavings Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (registered number 530504). We subscribe to the Financial Services Compensation Scheme and the Financial Ombudsman Service.

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