The bank, which launched into mortgage lending ‘with a social conscience’ in 2018, is in talks with further brokers beyond its six initial launch partners to drive its growing intermediary ambitions.
The Salvation Army International is Reliance Bank’s shareholder. The Salvation Army helps people whose lives have been affected by emergencies, disasters, poverty and social inequality.
The lender specialises in shared homeownership and key worker mortgages, first-time buyers, remortgagors and home movers and said it has targeted socially responsible banking since 1890 when the bank was founded by William Booth.
With the changes driven by intermediary feedback, Gareth Byrne head of mortgages for Reliance Bank (pictured) said: “I am delighted to say that earlier this month, we were able to complete implementation to the new website, this has been a major piece of work that has been undertaken by our marketing and IT team and my thanks go to them for getting this completed and rolled out.”
The website offers residential lending criteria and mortgage rates, the lender’s service level agreements and turnaround times, an application form library and more details on its mortgage partners.