Kent 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.
Having recently been awarded a prestigious 5 Star Service Award, Kent Reliance for Intermediaries have remained committed to expanding their product ranges whilst ensuring they are also delivering excellent service to their broker partners.
Key broker considerations for the HMO/MUFB range include:-
- Rates available from 3.79%
- Up to 75% LTV to £3m on 1-6 bedrooms/units
- Up to 70% LTV to £1.5m on 7-10 bedrooms/units
- First time landlord options available on 1-6 bedrooms/units
- Limited company structures welcomed
- Less than perfect credit profiles considered
Dawn Mirfin, Group Underwriting Director at OneSavings Bank commented, “As a specialist lender, we’ve got the ability and experience to consider applications that other lenders may not be able to, because we look at each loan application individually and make a judgement based on the case’s own merits. Our service levels reflect our professional expertise and we’re pleased that our current buy to let service levels remain strong with AIPs assessed within 24 hours and a full underwrite within four days.”
Doug Hall, Director at 3mc, commented, “It’s great news that Kent Reliance for Intermediaries is expanding their HMO/MUFB range. One of the many reasons we continue to work so successfully with this award winning team is that they have the expertise and service ability to deliver clear and consistent case decisions. These key factors ultimately enable our brokers to achieve timely and positive outcomes for their clients.”