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- Press Releases
In a further boost for residential brokers, specialist lender Precise, part of OSB Group, has bolstered its residential range and introduced a number of rate reductions, added LTV bands and expanded fee options.
Continue readingPrecise, part of OSB Group, is celebrating the 1st birthday of its broker mobile app, which was unveiled as a “first of its kind” app within the specialist lending arena when it first launched. The key objective was to provide registered brokers with a number of time saving features to ensure they had access to the most up to date case information at their fingertips.
Continue readingAs part of its on-going support for the specialist residential sector, Precise has increased borrowing potential and is now able to lend up to 6 times loan to income (LTI) for eligible residential customers.
Continue readingSpecialist commercial lender InterBay, part of OSB Group, has introduced joint representation to their legal process to help speed up cases, supported by an updated conveyancer panel.
Continue readingInterBay, part of leading specialist lender OSB Group, has made a number of significant changes which include rate reductions, lower minimum loan amount and a new range of owner occupier products to help support brokers with commercial clients.
Continue readingESG has been a buzzword on the lips of corporate Britain for some years now. But it is not enough for companies simply to pay lip service to their Environmental, Social and Governance responsibilities.
Continue readingOSB Group has donated £2,000 and colleagues from the Wolverhampton offices have given their time to help local charity The Albrighton Trust create a new garden which commemorate the year of the King’s Coronation and its own 30-year anniversary.
Continue readingSpecialist lender Precise, part of OSB Group, has made reductions of up to 16bps on 2 and 3-year fixed rate residential products to support brokers with first time buyers, those looking to move home and remortgage customers.
Continue readingLeading specialist lender, Precise, has completed a developer exit deal with Clifton Private Finance on behalf of a client seeking short term finance, while they sold their new build properties.
Continue readingSpecialist lender, InterBay, has completed an £8m commercial lending case covering almost 40,000 sq ft in the heart of London. The case involved nine consecutive terraced buildings, each divided into four units with mixed usage including: office, retail and leisure.
Continue readingSpecialist lender OSB Group is launching Rely, a new dedicated buy to let lending brand which has been developed to support investment towards a thriving Private Rented Sector.
Continue readingLeading specialist lender, Precise, has completed a £1.7m bridging finance deal which was used to prevent a residential chain break. With chain breaks cited as the top reason for needing bridging finance in 2024, bridging finance is widely recognised as being a financial solution when customers need a fast fix.
Continue readingSpecialist lender Precise, part of OSB Group, has refreshed its residential product range with lower rates and even more £0 fee options, making it an attractive option for first-time buyers looking to minimise their upfront costs.
Continue readingSpecialist commercial lender InterBay, part of OSB Group, has helped a higher education organisation to acquire an additional teaching building in London as they seek to expand their portfolio.
Continue readingSpecialist lender Precise, part of OSB Group, has bolstered its residential product range with new limited edition products to further enhance its improved residential offering.
Continue readingSpecialist lender, Precise, has delivered a bridging loan in just 7 working days from decision in principle to completion, helping to fund the build of a new family annexe to an existing residential property.
Continue readingLeading specialist lender Precise, part of OSB Group, has strengthened its dedicated bridging division with four new roles to support brokers looking for short term finance solutions on behalf of their customers.
Continue readingSpecialist lender Precise, part of OSB Group, has made a range of significant improvements to its residential proposition which includes increasing the maximum LTV to 95%, increasing maximum loan sizes and reducing stress rates. The expanded range also incorporates cheaper pricing solutions which have been specifically developed to support first time buyers, self-employed, remortgage and debt consolidation customers.
Continue readingSpecialist commercial lender InterBay, part of OSB Group, has completed on two complex multi let properties, totalling just over £10m at 75% LTV based on investment value.
Continue readingLeading commercial lender InterBay, which is part of OSB Group, has strengthened their broker support by welcoming two Specialist Finance Account Managers (SFAM) and a dedicated Office BDM, who between them have over 35 years of specialist finance experience and knowledge.
Continue readingKent Reliance for Intermediaries (KRFI), part of OSB Group has reduced rates on 2 and 5 year fixed, variable fee limited edition products. Lower rates have also been applied to the standard range which includes MUFBs (11-20 units).
Continue readingPrecise, part of OSB Group, has updated the affordability calculation process for its recently improved residential range, meaning the average borrowing capacity has now been increased, by an average of 9%, but could be higher depending on customer circumstances.
Continue readingKent Reliance for Intermediaries (KRFI), part of OSB Group, has launched a new limited edition Shared Ownership range which offers enhanced flexibility and lower rates. This is in response to the increased demand being seen in the market as affordability continues to bite, particularly for first time buyers.
Continue readingInterBay, part of the leading specialist lender OSB Group, has refreshed its entire semi-commercial and commercial product ranges; including new limited edition products for both purchase and remortgage.
Continue readingPrecise, part of OSB Group, has upgraded its policy around automated valuation models (AVMs) to help brokers speed up their bridging caseloads and free up more of their valuable time.
Continue readingSpecialist commercial lender InterBay, part of OSB Group, has successfully completed a £15m case to refinance 65 studio flats split across two student accommodation blocks. The blocks are located on the outskirts of a major city and serve students from a nearby Russell Group university.
Continue readingCommercial lender InterBay, part of OSB Group, has completed on a semi-commercial deal just 21 days from the agreement in principle.
Continue readingPrecise, part of OSB Group, has made considerable rate reductions across its entire bridging range and introduced a new developer exit product, providing brokers with increased options for short-term finance solutions.
Continue readingPrecise, part of the OSB Group, has completed a £4m bridge to support business expansion plans to purchase shares in an exclusive high end fashion house.
Continue readingPrecise, part of OSB Group, has refreshed its residential product range and cut rates across the 75% and 85% LTVs bands, introduced new fee options and dropped selected reversion rates by up to 2.25%.
Continue readingPrecise, part of the OSB Group, has launched new limited edition products which include rate reductions to help brokers support customers with greater choice and flexibility around affordability challenges.
Continue readingSpecialist lender Kent Reliance for Intermediaries (KRFI), part of the OSB Group, has launched two limited edition ranges to help support brokers with their landlord customers.
Continue readingPrecise, the specialist lender, which is part of OSB Group, has launched a 5-year fixed limited edition residential range with valuation and assessment fees included.
Continue readingSpecialist lender Kent Reliance for Intermediaries (KRFI), part of the OSB Group has launched a brand new buy to let limited edition 1 year fixed product. It has been designed to help brokers and their clients navigate around an upbeat but challenging market whilst awaiting potential tax implications in the October Budget alongside base rate fluctuations.
Continue readingInterBay, part of the leading specialist lender OSB Group, has provided financing on a complex refinance deal totalling £42.5m, comprising of 94 units spread across 17 limited companies.
Continue readingInterBay, part of the leading specialist lender OSB Group, has provided financing on a complex refinance deal totalling £42.5m, comprising of 94 units spread across 17 limited companies.
Continue readingOSB Group has expanded its support to female leaders by launching a new course and exciting activities to celebrate National inclusion week. The new Excelling in Team Leadership course is being offered alongside two existing courses for mid-level and senior roles to help female colleagues within the organisation reach their full professional potential.
Continue readingMarc Callaghan, Head of Specialist Lending, Precise looks at the main reasons customers look to use bridging finance and discusses two recent cases to illustrate the ways that it could be utilised.
Continue readingPrecise, part of OSB Group, has relaunched their limited edition residential range as well as cutting rates across its entire range up to 105bps.
Continue readingAward-winning specialist lender, OSB Group, recently celebrated the opening of a new office building in Wolverhampton which will accommodate 364 colleagues and incorporates a host of energy efficiency measures and facilities including a multi-faith room, well-being centre and informal meeting areas
Continue readingPrecise, part of OSB Group, has launched a mobile app for brokers, the “first of its kind” within the specialist lending market.
Continue readingPrecise, part of OSB Group, has reduced rates across their entire residential range including their popular 5-year fixed product which has been reduced by 60 bps.
Continue readingInterBay, part of the leading specialist lender OSB Group, has made significant changes across its semi commercial and commercial product ranges; including new limited edition remortgage products, heavily reduced rates, new cashback options and 5% arrangement fee products.
Continue readingIn 2023, 2.97million cases of fraud were confirmed in the UK amounting to £1.17b being stolen from consumers1 through sophisticated methods to illegally gain access to consumer accounts.
Continue readingPrecise, part of OSB Group, has launched a new limited edition residential range, with rates slashed by at least 0.60% and starting from 5.39% with a 1% fee across Tiers 0 to 5.
Continue readingAndy Golding, CEO and Clive Kornitzer, Group Chief Operating Officer at OSB Group have completed 850 miles from Belgium to the Italian lakes in a car costing less than £1000, all to raise money for disadvantaged young people.
Continue readingKent Reliance celebrated the opening of their new Gravesend branch with colleagues and customers recently.
Continue readingLocal savings bank, Kent Reliance, has joined the flock to become one of the sponsors for ‘Shaun the Sheep in the Heart of Kent’ art trail with its ‘Hope in the darkness’ Shaun design.
Continue readingPrecise, part of OSB Group, has made a number of changes across its buy to let product range, including reduced rates starting from 4.49% and new fee products.
Continue readingThe award-winning specialist lender & savings bank, OSB Group, is celebrating its volunteering achievements for Volunteers Week 2024.
Continue readingIn this inaugural Specialist Lending Trending, Adrian Moloney, Group Intermediary Director at OSB Group, explores key themes expected to shape the lending landscape over the next three months.
Continue readingKent Reliance for Intermediaries, part of OSB Group, has introduced new buy to let (BTL) products and reduced rates. Launched products include reduced 75% LTV rates, lower LTV options and large MUFB products.
Continue readingTo coincide with Mental Health Awareness Week 2024, OSB Group (award-winning specialist lender & savings bank) will be bolstering the support offered to colleagues with the addition of domestic abuse awareness training.
Continue readingOSB Group, the award-winning specialist lender & savings bank, are celebrating their employee engagement networks first year anniversary which coincides with the National Day for Staff Networks on 8th May.
Continue readingPrecise, part of OSB Group, has grown its residential offering with 1-year fixed rate and lifetime tracker mortgages.
Continue readingTime can be of the essence, even with complex cases. A recent bridging deal with InterBay through SPF Private Clients took only 3 weeks from enquiry to completion for a 12-month term bridge, although the client expects to exit onto term within 6 months.
Continue readingPrecise, part of OSB Group, has made a number of changes across its buy to let product ranges.
Continue readingKent Reliance for Intermediaries, (part of OSB Group) has refreshed products across their residential, buy to let, and shared ownership product ranges. Changes include relaunching Income Flexibility and Extra Flexibility residential ranges and rate reductions of 50bps on selected buy to let rates.
Continue readingPrecise Mortgages has always been an iconic lender within the specialist sector and in recognition of its leading position, a new brand image has been unveiled with a fresh and distinctive identity.
Continue readingWith over 4.3 million people now classed as self-employed in the UK1, complex incomes are no longer uncommon and specialist lenders such as Kent Reliance for Intermediaries (KRFI) have experienced BDMs on hand to help strike up those important conversations.
Continue readingAccording to the latest findings from OSB Group’s Landlord Leaders research, seven in ten (69%) landlords have already or are planning to increase the size of their property portfolios, which increases to 77% of professional landlords, categorised as someone whose main income is derived from property. There are also signs that the buy to let market is becoming increasingly professionalised, which is reflected in new cases coming to InterBay with more interest in semi-commercial cases both in terms of volume and clients who looking to diversify their portfolios beyond standard buy to let opportunities.
Continue readingColleagues from local savings provider Kent Reliance, recently provided free mental health first aid training to their charity partners Demelza, the Sittingbourne based children’s hospice XL@football, a female only football club to enable both organisations to provide qualified mental health support to anyone they interact with.
Continue readingInterBay, part of the leading specialist lender OSB Group, has reduced rates across semi-commercial products to help support those looking to purchase and remortgage.
Continue readingPrecise Mortgages, part of the OSB Group, has introduced their developer exit products to the market with LTVs of 70% or 75%.
Continue readingIn a housing landscape marked by uncertainty and change, OSB Group reveals that landlords are taking action and continuing to invest in the future of the Private Rented Sector (PRS) and the tenants they serve.
Continue readingAdrian Moloney, Group Intermediary Director at Kent Reliance for Intermediaries explores the current HMO landscape along with some recent case examples.
Continue readingPrecise Mortgages, part of the OSB Group, has widened its scope for heavy refurbishment cases as well as announcing their dedicated bridging team.
Continue readingAdrian Moloney, Group Intermediary Director, OSB Group has been appointed to the Board of InterBay, the specialist commercial and semi-commercial lender that is part of parent company OSB Group.
Continue readingInterBay, part of the leading specialist lender OSB Group, has relaunched its full product range with reduced rates and new products to help their intermediary brokers with commercial and semi-commercial options for their clients.
Continue readingColleagues across OSB Group, have welcomed Kelly Iles as she joins the business in a newly created role as Group Customer & Consumer Duty Director. Kelly will have responsibility for ensuring all customers across the group remain a central focus as well as supporting the businesses ambitions. Kelly will report directly into Jon Hall, Group Managing Director for OSB Group.
Continue readingOSB Group, the specialist savings and lending bank has hit the ground running in 2024 by unveiling a new senior sales structure, designed to offer further support to intermediary broker partners across Precise Mortgages, Kent Reliance for Intermediaries and InterBay. This support will be aligned with individual broker needs at all levels across all three lending brands.
Continue readingPrecise Mortgages, part of the OSB Group, has announced reduced rates and new products across their residential mortgage range to help brokers support customers with greater choice and flexibility around affordability challenges.
Continue readingCoventry Rugby Club further commits to its local community outreach by running mental health first aid training in partnership with Charter Savings Bank.
Continue readingPrecise Mortgages, part of leading specialist lender OSB Group, has increased the number of product transfer options, providing greater choice and more flexibility.
Continue readingKent Reliance for Intermediaries, part of leading specialist lender OSB Group, has made a number of changes to its buy to let product range, including lowering rates and raising the maximum beds from 10 beds to 20 for HMO properties. This is in response to the growing feedback from brokers who are seeking support for their professional landlord clients on the look out for larger investment and diversification finance opportunities.
Continue readingOSB Group, the leading specialist lender, has welcomed Jonathan Couch as Head of Communities Impact and ESG Communications Specialist. Jonathan joins the Environmental, Social and Governance (ESG) team from his previous role within the business, as Head of Communications for Savings, and will spend time concentrating on the ‘Social’ aspects for the Group.
Continue readingPrecise Mortgages, part of leading specialist lender OSB Group, has simplified the minimum ICR for personal ownership applications and improved how they assess buy to let affordability on short-term fixed rates and variable rate trackers.
Continue readingCycling 183 miles over 3 days from Paris to Sittingbourne doesn’t sound like everyone’s idea of a fun weekend but knowing your efforts are helping to raise much needed funds for a children’s hospice is exactly why Jon Hall, Group Managing Director, Mortgages and Savings, OSB Group took up the challenge along with Christina Fasoli, Canterbury Branch Manager for Kent Reliance (one of OSB Group’s savings brands). Having started in Paris on Friday 15th, they reached the finish line yesterday (Sunday 17th September) after a gruelling 15 hours in the saddle.
Continue readingPrecise Mortgages, part of the OSB Group, have launched refunded valuations and cashback products into their limited-edition range which also features no product fee.
Continue readingPrecise Mortgages, part of the OSB Group, has announced lower rates across their 5-year fixed rate terms within their limited edition range and a wider choice to help brokers support customers with affordability challenges.
Continue readingFollowing the Lionesses amazing journey which saw them make the final of the Women’s World Cup, XL@Football, Kent’s all female football club are heading towards their first game in the women’s FA Cup on 10th September when they face Herne Bay.
Continue readingLocal savings bank, Kent Reliance, has been supporting Demelza Hospice Care for Children for over 4 years with 2022 being the biggest year yet! From volunteering to taking part in events and creating donation stations, there has been a wide range of support provided by the bank and its employees.
Continue readingInterBay, part of the OSB group, has launched Select Partners; a new partner proposition which offers exclusive access to its enhanced bridging range, improved criteria and expedited service.
Continue readingOSB Group has promoted Charlotte Parker to Specialist Finance Account Manager (SFAM) for the south of England at commercial, semi-commercial and buy-to-let lender InterBay.
Continue readingInterBay has completed a remortgage deal allowing a property investor to pay off their development loan on 28 units above a retail parade in Hemel Hempstead.
Continue readingSpecialist lender OSB Group has promoted Joe Baxter to customer-facing Business Development Manager (BDM), covering the South Coast to South Wales, including Southampton, Bristol, Bath and Cardiff.
Continue readingJon Hall, Group Managing Director, Mortgages and Savings at OSB Group, is to cycle 183 miles to raise funds for Demelza Hospice Care for Children.
Continue readingPrecise Mortgages, part of the OSB Group, has lowered rates across a wide range of residential products and introduced supporting measures to help brokers accommodate clients with wider adverse requirements including Right to Buy products.
Continue readingAs a leading specialist lender in the UK, OSB Group understands the importance of nurturing a diverse, equal and inclusive environment for colleagues, customers and the communities around them.
Continue readingOSB Group, a specialist lender and savings bank with offices in Wolverhampton, are supporting local charity The Albrighton Trust ahead of the Kings Coronation this month.
Continue readingPrecise Mortgages, part of the OSB Group, has launched a new range of residential products combining lower rates with a wider choice to help brokers support clients who have adverse challenges.
Continue readingSpecialist lender OSB Group have promoted Samantha Brain from office based business development manager to customer facing external Business Development Manager (BDM) covering the central region.
Continue readingOSB Group has entered into a multi-term partnership with fintech Paylink Solutions. The new partnership demonstrates best practice within the mortgage lending sector around understanding customer affordability and making it easier for customers to engage with OSB.
Continue readingOSB Group, which includes lending brands Precise Mortgages, Kent Reliance for Intermediaries and InterBay, has announced two senior management promotions to strengthen support to intermediaries, which come into effect from 1 April 2023.
Continue readingOSB Group, the award winning leading specialist lender & savings bank, has announced their new charity partner for the next two years. Following a series of companywide voting, Depaul have been revealed as their charity partner.
Continue readingPrecise Mortgages, part of the leading specialist lender OSB Group, has today relaunched its energy efficiency refurbishment buy to let product range.
Continue readingColleagues at OSB Group, which includes savings brands Kent Reliance and Charter Savings Bank, have welcomed Louise Halliwell as she joins the specialist bank in a new role as Group Savings Director.
Continue readingDuring a time of such uncertainty, Coventry Rugby club are a vital support to local schools with pupils of varying accessibilities. Supporting with in-school activities and engagement, over 580 local children a week are benefiting from the community outreach Coventry Rugby club provide. This outreach work is only made possible through financial support from Coventry Rugby Foundation and Charter Savings Bank.
Continue readingInterBay, part of specialist lending OSB Group, has expanded its already established legal panel to help speed up applications across their commercial and semi-commercial ranges.
Continue readingLeading specialist lender, Precise Mortgages, have announced they are working in partnership with CoreLogic UK, to support with property risk management and decisioning software.
Continue readingInterBay, part of specialist lender OSB Group, has partnered with VAS Panel to help speed up applications across their commercial and semi-commercial applications.
Continue readingKent Reliance for Intermediaries, part of the leading specialist lender OSB Group, has launched a competitive new residential mortgage range which includes the return of their popular income flexibility proposition. The range includes lower rates, higher LTVs up to 90% with low deposit options and a reduced minimum loan, offering brokers wider access to a variety of lending solutions for their clients.
Continue readingOSB Group, the award winning leading specialist lender & savings bank, has recruited two new ESG roles to support their social commitment which is to “have a positive human and social impact on the lives of the customers, colleagues and communities we work with and affect”.
Continue readingThe cost of living crisis has meant a tightening of belts and going without luxuries for many but the impact on local “not for profit” organisations has been acute.
Continue readingLeading specialist lender OSB Group is today announcing a package of targeted measures to support buy-to-let landlords seeking to improve the sustainability of their investment properties.
Continue readingFollowing the release of their fixed rate limited edition buy to let products last week, Precise Mortgages, part of the OSB Group, has today launched new buy to let lifetime tracker products, available up to 75% LTV.
Continue readingMagiClick has been appointed by Precise Mortgages, (part of leading specialist bank OSB Group) to create and deliver a website designed to enhance and improve the whole digital experience for their borrowers and broker partners.
Continue readingOSB Group, the award winning leading specialist lender & savings bank, has been awarded the Campaign for Learning Award for the wellbeing support they provide to their workforce.
Continue readingToday, on World Menopause Day 2022, OSB Group, the leading specialist lender & award winning savings bank, highlights the Menopause support they offer to colleagues.
Continue readingKent Reliance, the local well-known savings bank which is part of OSB Group, continues to partner with XL@Football, an all-female football academy, in supporting players through the cost of living crisis.
Continue readingCoventry Rugby Club have teamed up with Charter Savings Bank (part of the OSB Group) to offer support to local communities throughout the school holidays. The Project:500 scheme provides an opportunity for Coventry children to attend a fun packed programme which includes multi-sport activities as well as substantial meals, snacks, drinks, and a food hamper to take home, all in a bid to help combat hunger.
Continue readingPrecise Mortgages, part of the leading specialist lender OSB Group, has expanded its popular refurbishment buy to let proposition, to offer new exit products.
Continue readingFollowing the successful creation of the high net worth client management team in March this year, OSB Group, the leading specialist lender, has announced further enhancements to support brokers with large-scale bridging finance deals.
Continue readingStaff at Kent Reliance are supporting the Demelza Bubble Rush event on 10th July at Mote Park, Maidstone where families can walk, run or toddle their way through thousands of bubbles...
Continue readingStudents at Colmore Junior School, Birmingham, tackled studies outside the classroom on Friday 10 June as they welcomed local MP Steve McCabe as well as visitors from Charter Savings Bank and Coventry Rugby Club for the official opening of a brand new reading area at the school.
Continue readingKent Reliance for Intermediaries, part of the leading specialist lender OSB Group, has launched a new residential mortgage proposition to support brokers with clients who need flexibility around complex income streams and where appropriate, could deploy the use of higher income multiples. This may include professionals with sustainable incomes that will increase due to attaining professional qualifications, clients who provide evidence of regular bonuses and/or those with more than one form of income.
Continue readingOSB Group, one of the leading specialist lenders, has announced the launch of a new office based BDM team, under the direction of Simon Cockerill, Head of Intermediary Sales Development.
Continue readingOSB Group, one of the UK’s leading specialist lenders, has launched an extensive new bridging proposition through Precise Mortgages & InterBay to support brokers with their client’s requirements for short term lending solutions. The range brings together a real breadth of product offering and utilises a combination of expertise across both brands.
Continue readingKent Reliance for Intermediaries, part of leading specialist lender OSB Group and EY have worked together to produce an educational guide for brokers based on the rule updates to the UK tax system. The guide entitled “UK Tax Relief on Finance Costs” has been compiled to inform its intermediary partners on the key considerations faced by their landlord clients and how they run their rental portfolios.
Continue readingKent Reliance for Intermediaries, part of the leading specialist lender OSB Group, is redefining it’s residential mortgage proposition to further support brokers by giving wider access to lending solutions suitable for a variety of clients.
Continue readingPrecise Mortgages, part of the leading specialist lender OSB Group, has announced their launch of a new range of residential mortgage products to support brokers seeking lending solutions for customers with less-than-perfect credit profiles, including those with CCJs, defaults and active DMPs.
Continue readingOSB Group, one of the UK’s leading specialist lenders, has expanded their specialist finance team through the appointment of three new account managers to help strengthen the expertise and broker support across Precise Mortgages for bridging finance & InterBay for commercial, semi-commercial and specialist buy to let.
Continue readingOSB Group, one of the leading specialist lenders has unveiled plans for a new High Net Worth Client Management Team under the leadership of Simon Cockerill, Head of Intermediary Sales Development.
Continue readingAs one of the leading specialist lenders in the UK, OSB Group’s purpose is “to help our customers, colleagues and communities prosper”. The commitment the Group announces today recognises that urgently tackling climate change and promoting green finance underpins the future prosperity of the UK.
Continue readingOSB Group, one of the UK’s leading specialist lenders, has unveiled plans for a new sales team structure to provide brokers with enhanced engagement and support opportunities through multiple communication channels.
Continue readingPrecise Mortgages, one of the UK’s leading specialist lenders, has announced the appointment of a new business development manager (BDM) to strengthen its support for intermediaries in the South West region.
Continue readingInterBay, part of the specialist lender OSB Group, has made a robust start to the year by cutting rates and raising LTVs to help investors make the most of new commercial opportunities in 2022.
Continue readingOSB Group, a leading specialist mortgage lender, has today announced two senior intermediary leadership appointments with immediate effect.
Continue readingKent Reliance, part of specialist lending group OSB Group and XL@Football Academy, a leading female football academy based in Shorne, Kent, have partnered to help bring some early festive cheer to the children...
Continue readingColleagues at OSB Group, which includes Precise Mortgages, Kent Reliance for Intermediaries and InterBay Commercial, have welcomed Jon Hall today as he joins the specialist lender in his new role as Group Managing Director, Mortgages.
Continue readingPrecise Mortgages, one of the UK’s leading specialist lenders, has announced the appointment of a new business development manager (BDM) to strengthen its support for intermediaries in the South and West London areas.
Continue readingPrecise Mortgages, one of the UK’s leading specialist lenders and part of OSB Group, has launched an enhanced bridging range, featuring regulated and non-regulated products up to 75% LTV and no maximum loan size.
Continue readingPrecise Mortgages, part of the leading specialist lender OSB Group, has today launched an enhanced bridging range with expanded refurbishment criteria, which can be used for a wide choice of property type, including HMOs.
Continue readingInterBay Commercial, part of the leading specialist bank OSB Group, has launched a new buy to let product range with all rates reduced by 0.25% and all trail ERCs removed.
Continue readingColleagues at OSB Group, which includes Precise Mortgages, Kent Reliance for Intermediaries and InterBay Commercial, are looking forward to a week-long series of activities designed to promote the importance and benefits of a united workforce.
Continue readingInterBay Commercial, part of the specialist bank OSB Group, has announced the completion of a significant facility secured against more than 400 properties in central and northern England.
Continue readingPrecise Mortgages has today made significant buy to let changes which include reduced rates and fees across the full suite of personal ownership, HMO and limited company products.
Continue readingBudding bakers from around the industry are tying up their apron strings and getting their ingredients ready as they prepare to do battle again in Precise Mortgage’s popular bake challenge.
Continue readingPrecise Mortgages, one of the UK’s leading specialist lenders, has announced the appointment of a new business development manager (BDM) to further strengthen its support for intermediaries in the London North West and East regions.
Continue readingPrecise Mortgages, one of the UK’s leading specialist lenders, has reintroduced higher loan-to-value (LTV) limits on its buy to let mortgages and launched two new larger loan products.
Continue readingKent Reliance for Intermediaries, part of the specialist lender OSB Group, has increased the maximum loan-to-value (LTV) limits across its ranges of prime and near prime residential mortgages, and buy to let products.
Continue readingOSB GROUP PLC, the parent of Precise Mortgages, Kent Reliance for Intermediaries and InterBay Commercial has announced the retirement of Alan Cleary, its Group Managing Director for Mortgages.
Continue readingInterBay Commercial, part of the leading specialist bank OSB Group, has increased the maximum loan-to-value (LTV) limit across its buy to let mortgages range.
Continue readingKent Reliance, the award winning savings provider and part of the OSB Group, has opened the doors to its new Strood branch today.
Continue readingPrecise Mortgages, Kent Reliance for Intermediaries and InterBay Commercial sales teams, have been restructured to better support intermediary partners and to enhance the service that is provided to them.
Continue readingFollowing on from the success of InterBay Commercial’s recent semi-commercial launch, the specialist lender has today announced a new commercial product range with rates from 5.74%, up to 65% LTV, as well as two, three or five-year fixed terms. Brokers with a proposal are encouraged to speak to their local business development manager for guidance and to help tailor their application.
Continue readingKent Reliance for Intermediaries, part of the OneSavings Bank group, has today expanded its HMO/MUFB proposition to consider properties up to and including 10 bedrooms/units. The increase has been designed to offer greater choice to its intermediary partners who are seeking solutions for larger HMO/MUFB cases.
Continue readingInterBay Commercial is pleased to launch a new semi-commercial range today with 2, 3 and 5 year fixed rate products available. A key feature of this range is that commercial income can be considered alongside residential income, with LTVs up to 70%.
Continue readingInterBay Commercial, part of lending specialist OneSavings Bank was recently approached by broker partner Empire Finance, on behalf of a client looking to secure funding for a new business location to help them separate their commercial operations from their family home.
Continue readingKent Reliance for Intermediaries, part of the specialist lending and retail savings group OneSavings Bank plc, has today launched a brand new suite of buy to let and residential products, which includes shared ownership.
Continue readingInterBay Commercial, part of specialist lender OneSavings Bank, has today launched an enhanced product range for HMOs and MUFBs, which is available for purchase and remortgage applications. Properties up to 20 bedrooms/units can be considered with a maximum loan size of £1.5m up to 70% LTV. Larger loans will be considered on a referral basis and intermediaries should contact their senior business development manager to discuss specific cases.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank plc, has appointed Krissy Salmon as Senior Business Development Manager covering South West, South Wales and the South Coast.
Continue readingInterBay Commercial, part of specialist mortgage provider and retail savings group OneSavings Bank, was approached by leading specialist distributer, Brightstar Financial, on behalf of a client seeking to refinance and raise capital on their total portfolio. The portfolio included a variety of residential investment property types, including flats, houses, HMOs and small and large blocks of flats.
Continue readingKent Reliance, part of the specialist lending and retail savings group OneSavings Bank plc, has today announced the appointment of Sarah Hopkins as a Senior Business Development Manager within the southern region covering Cornwall, Devon, Somerset, South Wales and South Coast. Sarah will have full responsibility for overseeing and developing broker relationships within her region and increasing access to Kent Reliance’s specialist lending proposition.
Continue readingKent Reliance for Intermediaries, part of specialist mortgage provider and retail savings group OneSavings Bank plc, was approached by Fitch & Fitch on behalf of a client seeking refinance of 9 new build flats in central London with a view to selling off plan to foreign investors.
Continue readingGreater education is needed on the finance options available to landlords when it comes to refurbishments according to InterBay Commercial’s latest report Unlocking value: “The role of refurbishment in buy to let”. Indeed, InterBay Commercial, part of OneSavings Bank found that one in eight landlords surveyed said they were unaware what type of finance is available to them for refurbishment.
Continue readingLandlords collected £58.1bn in rent across Great Britain last year – the highest amount on record – according to research by Kent Reliance for Intermediaries. The results found that the amount of rent paid across the private rented sector (PRS) climbed by 1.4% compared to a year ago, an increase of around £818m across the country.
Continue readingDespite improving yields for landlords, the growth of the PRS is subdued on the back of government intervention and the economic impact of Brexit uncertainty, according to the ninth edition of Kent Reliance for Intermediaries’ Buy to let Britain report.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, partnered with Empire Corporate Finance to provide just over £6.5m of finance for two complex and diverse commercial cases.
Continue readingAs it continues with its strategy to provide full national sales coverage, Kent Reliance for Intermediaries (KRFI), part of specialist lending and retail savings group OneSavings Bank plc, is pleased to announce the appointment of Kate Welland as Senior Business Development Manager for the East Midlands.
Continue readingKent Reliance for Intermediaries, part of specialist mortgage provider and retail savings group OneSavings Bank plc, was approached by Mortgage Force on behalf of a client seeking refinance of a block of flats and capital raising to repay the existing development finance totalling almost £13 million. The client also intended to transfer the lease to a newly formed holding Limited Company.
Continue readingFrom today, the combined group will harness the very best of both firms to create a leading specialist mortgage lender in the UK.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, has appointed Davey Gurm as a senior business development manager to cover the London area, as part of its ongoing commitment to strengthen relationships with broker partners and intermediaries across the UK.
Continue readingLandlords in the East Midlands pay on average £2,712 in costs per property (excluding mortgage costs and tax, but including void periods), according to specialist mortgage lender, Kent Reliance for Intermediaries. (see table below).
Continue readingLandlords in the East of England face lower than average costs, according to specialist mortgage lender, Kent Reliance for Intermediaries. The research found that the average cost for landlords in the region (excluding mortgage costs and tax, but including void periods) was £3,300 per property per year.
Continue readingLondon has been identified as the most expensive region in Britain to be a landlord, according to specialist mortgage lender, Kent Reliance for Intermediaries. The research found that the average cost for landlords in the region (excluding mortgage costs and tax, but including void periods) was £6,455 per property per year.
Continue readingThe North East of England has been identified as the cheapest region in Britain to be a landlord, according to specialist mortgage lender, Kent Reliance for Intermediaries. The research found that the average cost for landlords in the region (excluding mortgage costs and tax, but including void periods) was £1,848 per property per year.
Continue readingThe North West of England has been identified as the third cheapest region in Britain to be a landlord, according to specialist mortgage lender, Kent Reliance for Intermediaries (see table below). The research found that the average cost for landlords in the region (excluding mortgage costs and tax, but including void periods) was £2,475 per property per year.
Continue readingLandlords in the South West face lower costs than UK average, according to specialist mortgage lender, Kent Reliance for Intermediaries. The research found that the average cost for landlords in the region (excluding mortgage costs and tax but including void periods) was £3,055 per property per year.
Continue readingWales has been identified as the second cheapest region in Britain to be a landlord, according to specialist mortgage lender, Kent Reliance for Intermediaries (see table below). The research found that the average cost for landlords in the region (excluding mortgage costs and tax, but including void periods) was £2,129 per property per year.
Continue readingThe West Midlands has been identified as one of the Top Five cheapest regions in Britain to be a landlord, according to specialist mortgage lender, Kent Reliance for Intermediaries (see table below). The research found that the average cost for landlords in the region (excluding mortgage costs and tax, but including void periods) was £2,643 per property per year.
Continue readingYorkshire and The Humber has been identified as being one of the cheapest regions in Britain to be a landlord, according to specialist mortgage lender, Kent Reliance for Intermediaries. The research found that the average cost for landlords in the region (excluding mortgage costs and tax, but including void periods) was £2,483 per property per year.
Continue readingThe South-East has been identified as the second most expensive region in Britain to be a landlord, according to specialist mortgage lender, Kent Reliance for Intermediaries. The research found that the average cost for landlords in the region (excluding mortgage costs and tax, but including void periods) was £3,656 per property per year.
Continue readingOver half (58%) of landlords are currently using accountants to help make key property decisions – a clear sign of the growing professionalisation of the sector. The findings come from new research from Kent Reliance, part of specialist mortgage provider and retail savings group OneSavings Bank plc, in partnership with Charterhouse Research.
Continue readingOver half (58%) of landlords are involving accountants when making key property decisions – a clear sign of the growing professionalisation of the sector. The findings come from new research from Kent Reliance for Intermediaries, part of specialist mortgage provider and retail savings group OneSavings Bank plc.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, partnered with Impact Specialist Financial to provide just under £6m of finance for two commercial cases.
Continue readingKent Reliance, part of specialist mortgage provider and retail savings group OneSavings Bank plc, today announces key changes to its core residential and buy to let mortgage ranges.
Continue readingStaff and customers from the Maidstone branch of Kent Reliance, celebrated their 1st anniversary in style by tucking into home-made cupcakes made by talented Claire Mirams who works for Kent Reliance in their Canterbury branch but loves to bake in her spare time.
Continue readingKent Reliance, part of specialist mortgage provider and retail savings group OneSavings Bank plc, today announces the launch of a new buddy system for its broker partners as part of its ongoing KRFI Service Enhancement Programme.
Continue reading65% of brokers cited that the key reason they would take on short term finance clients was the ability to diversify, followed by 60% of brokers who said the main driver was the increased demand for bridging cases, according to a survey of 200 brokers by InterBay Commercial, part of specialist lending group OneSavings Bank.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, has appointed Matthew Taylor as a Senior Business Development Manager to cover the Midlands area as it continues with its strategy to provide full national sales coverage.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, has reduced rates across its commercial and semi commercial products as well as introduced dual legal representation for bridging loans up to £2,000,000.
Continue readingOver half of brokers (52%) believe that reform to tax legislation for property investors would boost the bridging market. This is twice as many as view the outcome of Brexit negotiations (27%) as the most important factor in driving growth in the market, according to a survey of 200 brokers by InterBay Commercial, part of specialist lending group OneSavings Bank.
Continue readingKent Reliance, part of specialist mortgage provider and retail savings group OneSavings Bank plc, has announced its decision to increase the procuration fees for product transfers from 0.25% to 0.30%.
Continue readingKent Reliance is proud to announce the opening of its new, larger Canterbury Branch located at 12-13 High Street.
Continue readingThe Young Lives Foundation (YLF) celebrated the official opening of their newly revamped offices in Maidstone, Kent following weeks of hard work by volunteers as part of Project Kent.
Continue readingKent Reliance, part of specialist mortgage provider and retail savings group OneSavings Bank plc, has today announced that it is making rate reductions to its 5 year fixed BTL mortgages for 75% LTV and 80% LTV products.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, has partnered with Brightstar Financial to expedite a loan of over £18m that facilitated the transition of a professional landlord’s portfolio into a corporate structure.
Continue readingInterBay Commercial, part of the specialist lending and retail savings group OneSavings Bank plc (OSB), has partnered with Legal & General Mortgage Club. From today, Legal & General club members will be able to access InterBay’s range of commercial, semi-commercial, buy-to-let, HMO and bridging products.
Continue readingKent Reliance, part of specialist mortgage provider and retail savings group OneSavings Bank plc, has today announced that the option to remortgage a property from Day One will now be offered to all intermediaries for residential and buy to let loans.
Continue readingThe growth of the PRS has slowed as government intervention and economic uncertainty has bitten, but the prolonged absence of first-time buyers in the housing market will support its long-term expansion, according to the eighth edition of Kent Reliance’s Buy to Let Britain report.
Continue readingKent Reliance, part of the specialist lending and retail savings group OneSavings Bank plc, has today announced the appointment of Krissy Salmon and Simon Ward as Senior Business Development Managers.
Continue readingKent Reliance, part of the specialist lending and retail savings group OneSavings Bank, has today announced the appointment of Hayley Evans as senior business development manager within Kent Reliance’s West team.
Continue readingKent Reliance, part of specialist lending and retail savings group OneSavings Bank, has now extended access of its Near Prime product range across its entire broker network following the results of its initial trial period.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, is expanding its solicitor panel for all term loans, following a successful 2017 in which it surpassed all new lending targets.
Continue readingInterBay Commercial, part of the specialist lending and retail savings group OneSavings Bank plc (OSB), has launched a new club partnership with TMA as it continues to seek to diversify and expand its existing distribution network.
Continue readingLong-term property investment is set to deliver significant returns for landlords, despite recent regulatory and taxation changes, according to detailed analysis by Kent Reliance, the specialist mortgage lender and part of OneSavings Bank plc.
Continue readingInterBay Commercial, part of the specialist lending and retail savings group OneSavings Bank plc (OSB), has partnered with PMS Mortgage Club to provide a direct submission route for its brokers and further compliment its existing distribution network.
Continue readingInterBay Commercial, part of the specialist lending and retail savings group OneSavings Bank plc (OSB), has launched a new network partnership with Intrinsic Financial Services as it continues to seek to diversify and expand its existing distribution network.
Continue readingOver half (51%) of the UK’s brokers have been approached by landlords looking to diversify their portfolios within the last six months, according to new research from OneSavings Bank, the specialist lending and retail savings group.
Continue readingThe PRA’s new guidelines for portfolio landlords, which came into effect last October, have resulted in a flurry of mortgage brokers using specialist lenders for the first time, new research reveals.
Continue readingKent Reliance, part of specialist lending and retail savings group OneSavings Bank, is today announcing the launch of its new residential Prime and Near Prime proposition featuring rates starting from 3.19% and a maximum 90% LTV available.
Continue readingIn response to the new energy efficiency regulations which come into effect on 1st April, OneSavings Bank plc, the specialist lending and retail savings group, has announced changes to its lending conditions for residential buy to let and commercial mortgages through its Kent Reliance and InterBay commercial brands.
Continue readingMore than a third of landlords are looking to cut their annual spending as rising running costs and higher taxes bite, according to the latest research by Kent Reliance, the specialist mortgage lender and part of OneSavings Bank plc.
Continue readingOneSavings Bank plc, the specialist lending and retail savings group, is today announcing changes to its interest coverage ratio (ICR) requirements for all buy to let loans through trading brands Kent Reliance and InterBay Commercial.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, is extending its residential investment and commercial bridging finance proposition to its entire broker panel, following a successful trial in 2017.
Continue readingInterBay Commercial, part of the specialist lending and retail savings group OneSavings Bank plc (OSB), has today announced a new sales structure to better support its broker network.
Continue readingKent Reliance, the specialist mortgage lender and part of OneSavings Bank plc, has partnered with Personal Touch FS to provide a direct submission route for its brokers and compliment their existing distribution network.
Continue readingKent Reliance, the specialist mortgage lender and part of OneSavings Bank plc, has partnered with Personal Touch FS to provide a direct submission route for its brokers and compliment their existing distribution network.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, today announces rate changes across the majority of its long term loan range.
Continue readingKent Reliance, part of the specialist lending and retail savings group OneSavings Bank plc, is today announcing the appointment of two regional sales managers and a senior business development manager.
Continue readingKent Reliance, part of specialist lending group OneSavings Bank, has launched a new children’s savings account in support of its local charity partner, Demelza Hospice Care for Children.
Continue readingA cocktail of tax reform and tighter regulation for landlords is slowing the growth of the PRS, despite its value hitting a new high, according to the seventh edition of Kent Reliance’s Buy to Let Britain report.
Continue readingOneSavings Bank, the specialist lending and retail savings group, today announces the appointment of Simon Cockerill as Head of Sales for its Kent Reliance business, part of its ongoing commitment to strengthen relationships with broker partners and intermediaries across the UK.
Continue readingOneSavings Bank plc, the specialist lending and retail savings group, has today announced major changes to its ex-pat mortgage product range through its trading brands Kent Reliance and InterBay Commercial.
Continue readingKent Reliance, the specialist mortgage provider and part of OneSavings Bank plc has today introduced a Fees Assisted Remortgage product range for residential and standard BTL applications as part of its ongoing campaign to create a slicker application process for brokers.
Continue readingKent Reliance, award winning mortgage lender and part of specialist lending group OneSavings Bank, today announced the launch of its market leading income backed BTL product which allows a complete view of customer affordability through earned income/assets to supplement interest coverage ratio (ICR) and is the first of its type to be provided by a specialist mortgage lender.
Continue readingJust over half (54%) of brokers are comfortable that they fully understand what the upcoming PRA changes for portfolio landlords entail, and what they will mean for their business, according to new research from Kent Reliance, part of the specialist lending group OneSavings Bank (OSB).
Continue readingOne in five (22%) brokers have spoken to existing clients about the PRA portfolio changes landing on Sunday 1st October, but with 78% yet to do so, deadline day is an ideal opportunity to engage, according to new research from Kent Reliance, part of the specialist lending group OneSavings Bank (OSB).
Continue readingSpecialist lender OneSavings Bank (OSB) has announced its new lending criteria for portfolio landlords to help brokers prepare early for the upcoming second phase of PRA changes coming into effect on 1st October 2017.
Continue readingSpecialist lending group OneSavings Bank (OSB) has signed a deal with leading property risk software developer eTech to implement its online portfolio submission platform ahead of the PRA’s SS13/16 portfolio landlord underwriting standards coming into effect on 1st October.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, has announced that from today it will now provide Residential and Commercial Bridging finance for property investors in a move that simplifies its product proposition. Rates start from 0.44% and are initially available through a selected broker panel and will incorporate its existing range of short term lending options.
Continue readingLondon has been identified as the most expensive region in Britain to be a landlord, according to specialist mortgage lender, Kent Reliance, whose research shows that the average cost (excluding mortgage costs and tax, but including void periods) is £6,535 per property per year, or 32% of the amount that they receive in rent.
Continue readingThe North East of England has been identified as the cheapest region in Britain to be a landlord, according to specialist mortgage lender, Kent Reliance, whose research shows that the average cost (excluding mortgage costs and tax, but including void periods) is £1,895 per property per year, or 34% of the amount that they receive in rent.
Continue readingThe North East of England has been identified as the cheapest region in Britain to be a landlord, according to specialist mortgage lender, Kent Reliance, whose research shows that the average cost (excluding mortgage costs and tax, but including void periods) is £1,895 per property per year, or 34% of the amount that they receive in rent.
Continue readingKent Reliance, the award winning savings provider, which is part of specialist lending group OneSavings Bank, has announced the 9th addition to its growing portfolio, a new branch agency.
Continue readingKent Reliance, award winning mortgage lender and part of specialist lending group OneSavings Bank, today announced major changes to their BTL specialist mortgage range, with rates now starting from 2.99%, their lowest ever interest rate.
Continue readingKent Reliance, the specialist mortgage lender and part of OneSavings Bank plc, has partnered with The Mortgage Alliance (TMA) to provide a direct submission route for its brokers and extend its specialist distribution network.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, has announced that they are simplifying their mortgage range for Buy to Let (BTL) business and houses of multiple occupation (HMOs) by adopting a single tier approach to pricing.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, has announced that Title Insurance is now available for its Developer Exit product for loans up to £2m.This recent change brings the Developer Exit product in line with its commercial and buy to let re-mortgage and purchase transactions.
Continue readingKent Reliance, part of the specialist lender OneSavings Bank, has promoted Steve Seal to Head of Sales, with immediate effect after he successfully led and developed the national account distribution strategy in 2016.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank, announces reduced rates across its Commercial and Semi-Commercial range supported with a new, simplified pricing structure. The new range is available immediately.
Continue readingSpecialist lender OneSavings Bank (OSB) announces that from 28 December 2016 it will be implementing changes to its affordability assessments for all new buy to let mortgage applications through its trading brands of Kent Reliance and its subsidiaries InterBay Commercial and Prestige Finance (together known as the OSB Group).
Continue readingKent Reliance, part of specialist lending group OneSavings Bank, is today launching a new business savings account – its first product in the corporate savings market.
Continue readingInterBay Commercial, part of the OneSavings Bank PLC Group is looking to accelerate completions in October with a borrower incentive.
Continue readingKent Reliance today announces the appointment of a new addition to its sales team as part of its ongoing commitment to strengthen relationships with broker partners and intermediaries across the UK.
Continue readingKent Reliance is to drop its SVR by 0.25% to reflect cuts to the Bank of England base rate made on Thursday 4th August. The changes will be effective from the 1st September, and apply to both new and existing customers.
Continue readingKent Reliance, the specialist mortgage lender and part of OneSavings Bank, announces the launch of its new low mainstream LTV product range. With low rates, the new LTV range is available to 65% LTV and on 2 year discount and 2 year fixed products across its entire BTL mortgage range available up to loan sizes of £3million.
Continue readingInterBay Commercial, part of specialist lending group OneSavings Bank plc, announces cuts to its entire range of Buy to Let (BTL) and HMO rates. Variable rates will now start from 4.2%, and 5 year fixed rates, which are stress-tested at pay rate, will start from 4.4%.
Continue readingOneSavings Bank today announces a number of new appointments across its Kent Reliance, InterBay Commercial, and Prestige Finance brands in a move to extend its reach across the UK and build closer relationships with intermediaries and corporate partners.
Continue readingKent Reliance, the retail savings and specialist mortgage provider, has been named Best No Notice Account Provider, Best Cash ISA Provider and Best Bank Savings Provider at the MoneyFacts Awards 2016.
Continue readingKent Reliance is today announcing widespread changes to its product range. These include rate reductions throughout the range, aligning limited company pricing with that for individual borrowers, and a new large loan/portfolio range.
Continue readingKent Reliance, the specialist mortgage lender, announces that from today it will lend to clients who are looking to borrow through a Limited Liability Partnership (LLP). This includes borrowers who wish to switch a BTL asset from an Individual name into an LLP.
Continue readingKent Reliance and InterBay Commercial, the specialist mortgage lenders who are both part of OneSavings Bank, have announced a new policy for landlords who wish to transfer their existing buy to let property from their individual name into a company or limited liability partnership structure.
Continue readingInterBay Commercial is announcing major new changes to its pricing and criteria for commercial investment following feedback from its Key Partners.
Continue readingKent Reliance, the retail savings and specialist mortgage provider, has been named ISA Provider of the Year at last night’s Consumer Moneyfacts Awards.
Continue readingSpecialist lender OneSavings Bank (OSB) announces that from 28 December 2016 it will be implementing changes to its affordability assessments for all new buy to let mortgage applications through its trading brands of Kent Reliance and its subsidiaries InterBay Commercial and Prestige Finance (together known as the OSB Group).
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OSB GROUP PLC (“OSB”) today announces that it has closed the Canterbury Finance No.5 securitisation.
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From 2025, newly rented properties will need an EPC rating of at least a “C” - existing tenancies have until 2028 to achieve the same rating. It may seem a while away, but there are large numbers of landlords already thinking about the effect of this legislation on their portfolios and looking for guidance on what to do next.
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In a housing landscape marked by uncertainty and change, OSB Group reveals that landlords are taking action and continuing to invest in the future of the Private Rented Sector (PRS) and the tenants they serve.
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