Following a comprehensive review, its mortgage portfolio now includes a brand 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. There is also a competitive new shared ownership range including 100% lending available against the share.
John Eastgate, Sales and Marketing Director, 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.”
John continues:
“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.”
Kent Reliance recently won the prestigious What Mortgages award for Best Buy to Let provider 2014.
