Kent Reliance for Intermediaries has brought out a residential mortgage range for borrowers with complex income streams.
The lender said there is the potential for higher income multiples on the products, depending on the client circumstance, but did not specify a figure.
The range is aimed at professionals with “sustainable incomes” that will rise when they secure professional qualifications, or customers that can provide evidence of regular bonuses or more than one form of income.
It is up to 95 per cent loan to value, with products starting from 4.29 per cent. Two and five-year fixed rates are available and the maximum loan size is £1.5m.
Adrian Moloney (pictured), group intermediary director at OSB Group, said that the value of a specialist mortgage brokers “cannot be overlooked”, now more than ever, especially for clients who were paying high rents but could not secure a home from high street banks due to multi-income streams.
He said: “At Kent Reliance for Intermediaries, our underwriters are widely acknowledged as having best-in-class service as well as outstanding knowledge. Our expertise means we could provide a common sense solution even if the case falls outside of standard criteria, with the ability to support a wide range of client types and differing income considerations.”
“This new flexible residential range is another example of us working with our broker partners and using our in-house expertise to handcraft positive lending solutions for clients.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
