The lender will remove products from 16 December, while applications that have reached the fees paid stage will be able to progress as normal.
Once the lender closes to new business, it will continue to provide support for brokers and existing borrowers with BTL, residential product transfers and shared ownership staircasing.
Business development managers (BDMs) will also be on hand to provide additional guidance.
OSB Group, parent of Kent Reliance, said the decision was part of its wider strategy and followed the launch of its new BTL lending brand Rely.
Rely is open to property investors and utilises a new mortgage platform with data-led underwriting for faster decisions.
Aldermore Insights with Jon Cooper: Edition 7 – Opening doors in a tougher first-time buyer market
Sponsored by Aldermore
Precise will be OSB Group’s residential and bridging specialist brand going forward, with in-house teams and BDMs available for support.
Adrian Moloney (pictured), group intermediary director at OSB Group, said: “Kent Reliance for Intermediaries has a 13-plus-year track record in supporting brokers and their customers with specialist BTL and residential finance and we’ve channelled those learnings to make it simpler for brokers to choose the right OSB Group lender for their customers’ requirements.
“Moving forward, Precise will continue to focus on its strong residential offering, which has seen a number of key enhancements this year, including 90% and 95% loan-to-value (LTV) products and up to six times income multiples for eligible borrowers.
He added: “We’ll also be building on the success of Rely as our new BTL powerhouse, where we’re already seeing application in principle to offer in two hours, which is a significant game-changer, but there’s plenty more to come in 2026.”
