Proof of identity, Product withdrawn 06 April 2017. Institute of Financial Accountants (IFA): FFA/AFA qualified. Retrospective PCCs arent acceptable. Minimum property value, Product withdrawn on 06 June 2013. Product withdrawn from sale 01 June 2015. Registered in England and Wales (company number 7312896). Taking a personal, common sense approach to underwriting and flexible lending criteria. The 1984 Housing Defects Act, which was later consolidated into Part XVI of the 1985 Housing Act, designated certain types of prefabricated reinforced concrete (PRC) dwellings as defective. See below for our latest rates. Benefit from the correct local authority consents. Visit the MoneyHelper. Its large underwriting team assess each case individually, applying flexibility and common sense to ensure brokers can access best-suited products. CBILS, Proof of address, Product withdrawn from sale 26 August 2015. Missed mortgage, * In accordance with the DVLA regulations, youll need to check the expiry date of the photocard driving licence. Product withdrawn on 21 March 2016. Product withdrawn 01 April 2021, Rates effective from 30 April 2020. Help and FAQs Running your account Branches Mortgages Support Additional support Bereavement Savings FAQs Fraud and security Microsoft Edge is the browser recommended by Microsoft. Investing in the training, development and expertise of our colleagues has always been a high priority for us. Rates effective from 11 July 2023. krbs, Kent Reliance Banking Services and Kent Reliance are trading names of OneSavings Bank plc. Please contact our Servicing team at mail@krbs.com to discuss this further. Product withdrawn 07 October 2020, Rates effective as of 10 March 2023. Please see our FAQs for further information about the interest rate changes. Please rotate your device for optimal display. Gifted deposits, Product withdrawn from sale 26 August 2015. Payslip deductions, Well also require a completedBusiness plan, cash flow and assets and liabilities form to support the borrowers application. If any of the houses dont meet the above requirements, or if the valuer is of the opinion that theres no, or limited market for the units individually, then the property will be valued as a single investment block. Edit - I think there may be some confusion here. There is an active and transactional market within the block/development, The security isnt in a pre-emption period. Responding to the challenges and opportunities that Environmental, Social and Governance (ESG) matters present is an integral part of how we operate, and environmental, social and community matters are at the forefront. Rates effective from 11 July2023. 60 day notice cash ISA - issue 19. Product withdrawn 25 June 2018, Rates effective as of 11 July 2023. including Kent Reliance, Precise Mortgages, InterBay Commercial, Heritable Development Finance, and Charter Savings Bank. Product withdrawn 03 September 2020, Rates effective as of 20 March 2020. The projected income for the second year from a suitably qualified accountant and a business plan.The level of projected income used can be up to 30% greater than the year one figure. My current role gives me the chance to build on the service we offer new and existing customers, and enables me to work closely with brokers to get the right results for their clients. Product withdrawn 25 May 2023, Rates effective as of 11 July 2023. As email isn't a secure channel please don't include any personal details in any messages you send. Latest three years SA302s, finalised accounts or tax calculations submitted to HMRC. Product withdrawn 23 June 2022, Rates effective as of 11 July2023. Rate effective from 11 July2023. Registered office: Reliance House, Sun Pier, Chatham, Kent, ME4 4ET. Exposure limits, Designed to make your life easier, use our checklist to find out which documents we require as part of your case submission. Product withdrawn 15 April 2021, Rates effective as of11 July 2023. Institute of Chartered Accountants in England and Wales (ICAEW): ACA qualified. Association of Authorised Public Accountants (AAPA): AAPA qualified. Registered office: Reliance House, Sun Pier, Chatham, Kent, ME4 4ET. Product withdrawn from sale 26 July 2015. Product withdrawn 15 October 2020, Rates effective as of 04 September 2020. Complex valuation fees, Product withdrawn 19 May 2022, Rates effective as of 11 July2023. Got a question? OSB Group's Landlord Leaders report explores: https://lnkd.in/eSjbPSCa Product withdrawn on 10 December 2020, Rates effective as of 07 August 2020. Joint representation, I suspect this is just a technical change to change names and nothing else. Vendor deposits are deducted from the lower of the purchase price or valuation. Product withdrawn 16 March 2023, Rates effective as of 11 July2023. Product withdrawn 14 May 2020, Rates effective as of 30 August 2019. No maximum loan size Product withdrawn 04 March 2021, Rates effective as of 11 December 2020. Rates effective from 11 July2023. Specialties. As every advertisement for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time. Product withdrawn 16 March 2023, Rates effective as of 09 December 2022. Product withdrawn 23 March 2023, Rates effective as of11 July 2023. This flexible, personal approach to underwriting case submissions is beneficial for brokers and clients alike, particularly for larger, more complex or hard-to-place loans. Retrospective certificates are also not acceptable. Rates effective from 11 July2023. DMP, Rates effective from 11 July2023. Product withdrawn 16 July 2020, Rates effective from 11 July2023. Prime loans, Bankruptcy, Product withdrawn 28 November 2019, Rates effective as of 22 May 2019. Product withdrawn 15 April 2021, Rates effective as of 11 July2023. Required documentation, Product withdrawn on 05 August 2021, Rates effective as of 21 May 2021. Product withdrawn 30 June 2020, Rates effective as of 11 July 2023. Our strong, long-standing relationships with our customers is something we are most proud of, and we aim to always put them first. Total credit card / store card balance. Product withdrawn from sale 16 May 2018, Rates effective as of 11 July2023. (formerly Peter Pan Childrens Savings Account), (formerly Peter Pan Easy Access Savings Account), Easy access account (formerly Peter Pan Easy Access Savings Account). Existing commitments - if the Guarantor holds their own mortgage, the remaining balance of this will be included within the affordability calculations. Pension income, Product withdrawn from sale 22 November 2012. Rates effective from11 July 2023. Rates effective as of 01 July 2020. Minumum property value: 125,000 (subject to product criteria). New-build properties, Term, Product withdrawn from sale 03 May 2012. A repaired property attached to an unrepaired property, or one that hasnt been repaired to the same standard, is also not acceptable. Product withdrawn 23 March 2023, Rates effective as of 09 December 2022. We subscribe to the Financial Services Compensation Scheme and the Financial Ombudsman Service. *For intermediaries only. Mortgage solutions that cut through the complexity with: In all instances, the property must be registered at the Land Registry as owned by the applicant(s). The guarantor mustnt make the number of applicants on the mortgage exceed four. Product withdrawn 13 April 2023, Rates effective as of 24 March 2023. Maintenance income, Valuations, The level of projected income used can be up to 30% greater than year one confirmed income. Also, as part of our commitment to our ESG initiatives, we offer a cycle purchase scheme as well as electric vehicle lease scheme, and have installed EV charging points at our office locations. Kent Reliance For Intermediaries Product withdrawn 26 May 2022, Rate effective from 19 March 2021. A breakdown outlining the purpose of the further advance is required. Product withdrawn on 30 June 2020, Rates effective as of 05 March 2019. We give back to our communities in many different ways, including volunteering, sponsorships, partnerships, supporting community organisations, financial donations and fundraising. If the applicant is a limited company, properties owned by the companys directors, or owned by other companies of which the directors/shareholders are a shareholder or director, should also be included. Product withdrawn from sale 06 September 2012, Rates effective from 19 May 2023. Rates effective from 11 July2023. Intermediaries - Darlington Building Society Rates effective from 01 September2022. Product withdrawn on 17 June 2021, Rates effective from 17 July 2020. Customers should be registered for UK tax and the source of income must be within the UK unless the application is for a further advance on a Jersey property in which case the customer may be registered for Jersey tax with their source of income from within Jersey. All mortgage payments must be paid by direct debit and the applicant must choose between the 10thand 28thdays of the month for the payment to be collected. The applicant will be liable for our costs where a case proceeds under separate representation. Bankruptcy, Product withdrawn from sale 10 November 2016. Product withdrawn 15 April 2021, Rates effective as of 05 March 2021. IVA, Product withdrawn on 08 April 2019. Click on "Details" to get started. Product withdrawn 26 August 2021, Rates effective as of 02 July 2021. Product withdrawn 10 December 2020, Rates effective as of 11 July2023. First-time landlords, Product withdrawn on 20 June 2016. Fire precautions, Even if your client moves home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of their existing mortgage) of that special deal can be transferred to their new mortgage with us, subject to our lending criteria at the time of any move. Communal space, amenities and fire precautions. Our heritage is built on the belief of maintaining strong relationships with our customers, ensuring that their savings goals are met and that we deliver on what we promise every single time. Rates effective from 11 July 2023. mail@krbs.com +44 (0) 345 122 0033. Product withdrawn 19 May 2022, Rates effective as of 14 April 2022. Product withdrawn 16 April 2020, Rates effective as of 30 August 2019. Product withdrawn 10 June 2021, Rates effective as of 16 April 2021. A repaired property attached to an unrepaired property, or one that hasnt been repaired to the same standard, is also not acceptable. New-build, Product withdrawn 31 December 2020, Rates effective as of 27 November 2020. Product withdrawn on 19 November 2020, Rates effective as of 04 June 2020. Where you are unable to certify the applicants documentation Post Office certification is acceptable and we will require a fully completed Post Office Certification Form. I bring a wealth of experience and understanding of the mortgage process from my previous roles working in sales, servicing, pre-completions and as part of our Broker Liaison Team. Remortgages within six months, The passing rent is on a fully exclusive basis - it doesnt include cost of utilities, council tax etc. Fees and charges, Self Employed Income Support Scheme (SEISS), #Landlords #TogetherWeProsper. Please contact us for further details. Warranties, Accountant representation, The valuation will include any HMO planning premium (Article 4) and enhanced value arising from additional facilities. Please ensure the application is noted to state which applicant is the guarantor and well ensure they dont appear on the deeds on the mortgage offer. Flats, Product withdrawn 25 May 2023, Rates effective as of 21 April 2023. OneSavings Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (registered number 530504). New build properties are considered as those that: If the property is less than 10 years old, one of the following warranties must be in place: For developments previously holding a CRL warranty, a retrospective warranty will be accepted from one of the above providers, subject to a site survey having been undertaken by the new warranty provider at the time the retrospective warranty was underwritten. Were a national bank with a local feel our network of branches caters for our customers who want a more personal approach, while we also offer a wide range of postal and online accounts supported by a friendly, dedicated call centre. I love my current role as an office-based BDM as it gives me the opportunity to interact with brokers on a daily basis and work together to help achieve our mutual goal of providing the best possible service for your clients. Minimum and maximum loan size, Rate effective from 11 July2023. Rates effective from 11 July 2023. One months bank statement is requiredevidencing rent, mortgage payments and liquidity to cover voids. If any of the individual houses are to be used as HMOs/student lets, please refer to the HMO/student lets criteria. Product withdrawn 16 November 2022, Rates effective as of 11 July2023. Product withdrawn on 16 April 2020, Rates effective as of 01 July 2022. (not internet printed) - dated within the last three months. Minimum loan: 50,000 (subject to product criteria). Where certified documents are required in support of an application, they should be certified by a suitable representative of the introducing broker or intermediary company. Please use our residential affordability calculator to check your clients affordability. Product withdrawn from sale 24 February 2014. Income-backed mortgages, Product withdrawn from sale 24 June 2015. Building EightWatchmoor ParkCamberleySurreyGU15 3YL, Terms of BusinessPrivacy PolicyConsumer Duty Fair Value Statement. Profit has been steadily increasing for the last three years. Application fee, Cryptocurrencies any deposit sourced via cryptocurrencies e.g. There's still time to register for the event here, https://lnkd.in/eQ7jERg6 These are considered as anything that cant be opted out of such as student loans and child support, and are factored into our affordability calculation. This includes specialist cases for those with broader lending criteria, or somebody self-employed that is looking to get the best deal possible when buying their first home. Secured loan payments, Product withdrawn 30 March 2023, Rates effective as of 11 July 2023. The guarantors income and commitments will be included in our affordability calculation in addition to the applicants income. Copy of the latest projection statement(s) dated within the last 12 months. Product withdrawn on 10 November 2016. Specialist lending group OSB Group will combine its Precise Mortgages and Kent Reliance for Intermediaries' sales teams in to one entity to support its "multi-brand strategy". Visit the MoneyHelper. Registered in England and Wales (company number 7312896). Registered in England and Wales (company number 7312896). Product withdrawn from sale 06 June 2013. Product withdrawn 11 November 2021, Rates effective as of 08 October 2021. We apologise for any inconvenience caused. 30, payable prior to the product switch. The AST provides for a rent review every 12 months or less. For purchases where the property has seven or more bedrooms, a copy of the licence or evidence that the applicant holds a licence on an alternative property must be received prior to release of funds. Product withdrawn on 17 June 2021, Rates effective as of 16 April 2021. Flexible criteria and underwriting Maximum LTV, Residential owner occupied maximum is 50% LTV with a minimum equity amount of 200,000.The borrower circumstances must clearly reflect the ability to downsize at term end. We can accept 100% of private and state pension. Evidence of two rental periods (defined as two 6 month periods) through either bank statements or confirmation of rent received from an ARLA-registered letting agent. OSB Group | Precise Mortgages. Product withdrawn 01 June 2023, Rates effective as of 12 May 2023. Arrears, Product withdrawn 25 April 2018, Rates effective as of 11 July2023. DRO, . Expense Details. Local Authority Council tax bill - dated within the last 12 months. Registered office: Reliance House, Sun Pier, Chatham, Kent, ME4 4ET. Visit the MoneyHelper, Rates effective from 11 July 2023. Intermediaries | The Mortgage Lender REAL LIFE LENDING Ours is a world of individuals - everyone is unique. Minimum share, Product withdrawn 06 December 2018, Rates effective as of 11 July 2023. New mortgage products for existing customers, Online submission available for some accounts, For existing customers requiring additional borrowing, Product transfer broker authorisation form, Portfolio submission platform (BTL Hub) user guide. Maximum advance: 1,000,000 - more available by exception. krbs, Kent Reliance Banking Services and Kent Reliance are trading names of OneSavings Bank plc. Kent Reliance For Intermediaries