Product | Gross Fee paid by lender | Net fee paid to regulated broker | Net Fee paid to non-regulated & client referral service |
---|---|---|---|
Residential | 0.60% | 0.35% | 0.18% |
Residential Near Prime | 0.80% | 0.40% | 0.20% |
Buy to Let | 0.70% | 0.45% | 0.22% |
Further Advance | 0.35% | 0.25% | 0.10% |
Whether your client’s a landlord with a portfolio of four or 40 properties, our flexibility, individual case assessment and empowered sales team means we could help you meet their needs.
Here’s an example of how Kent Reliance for Intermediaries could support you with your portfolio landlord cases: You’re approached by a client with an existing portfolio of 43 properties valued at around £10.75 million.
They’d like to expand their buy to let business by purchasing an additional property worth £250,000 but are struggling to find a mortgage – many lenders have a cap on the number of properties and/or a maximum mortgage value.
Fortunately, Kent Reliance for Intermediaries doesn’t set a limit on the number or value of properties mortgaged with us. What’s more, we don’t set limits on the size or value of existing portfolios held with other lenders.
Our experienced underwriters assess the application and are able to offer your landlord client the mortgage they need to make the purchase
As a leader in the specialist mortgage market and part of the OSB Group, Kent Reliance for Intermediaries offers a range of buy to let and residential mortgage products for clients that may not fit the criteria of mainstream lenders.
Our market knowledge and willingness to look at each application individually gives us the ability to see the potential and help brokers navigate challenging cases.
With our manual, handcrafted underwriting process and unrivalled personal service provided by our empowered national team of business development managers, we could provide tailored solutions that support you and your clients.
Products and criteria
Our flexible, common-sense approach means we’re ready to tackle a diverse range of different borrowing needs. Here are just a few example of how we could support your clients.
Buy to let mortgages
Whether they’re a first-time investor or an experienced limited company landlord, our buy to let range features products to suit any property type, which could make it easier for you to place your cases.
Residential mortgages
From clients with a multi-source income to newly qualified professionals, we cut through the complexity to provide residential mortgage solutions for even the most complex of scenarios. Here are just a few of the different client types we could help.
Residential mortgages
“ As a company we have worked with Complete FS since 2011. The Directors at Complete FS were instrumental in the relaunch of Kent Reliance and helped in the design and roll out of our proposition to the specialist market. Complete FS are one of a handful of our partners who have access to all 3 brands of One Savings Bank intermediary offering.
We have recently strengthened the partnership by committing an on-site underwriter to manage their business 3 days a week. The professionalism that they show in everything they do is second to none, as a company they are fully committed to ensuring positive customer outcomes.
They have invested in the development of their staff and the fact that they celebrated their 25th Anniversary in 2018 is testament to the longevity and commitment they have from a very loyal intermediary base. We are delighted to work with them across all our brands and build on the knowledge that they have within the specialist distribution arena.“
Value of Property
|
Application Fee Standard
|
HMO/Specialist
|
---|---|---|
Up to £150,000
|
£399
|
£699
|
£150,001 - £200,000
|
£499
|
£699
|
£200,001 - £250,000
|
£499
|
£699
|
£250,001 - £300,000
|
£499
|
£799
|
£300,001 - £350,000
|
£599
|
£799
|
£350,001 - £400,000
|
£599
|
£899
|
£400,001 - £450,000
|
£599
|
£899
|
£500,001 - £600,000
|
£799
|
£1,199
|
£600,001 - £700,000
|
£799
|
£1,199
|
£700,001 - £800,000
|
£799
|
£1,199
|
£800,001 - £900,000
|
£999
|
£1,399
|
£900,001 - £1Million
|
£999
|
£1,399
|
£1 Million & above
|
Please refer
|
Please refer
|