Kent Reliance for Intermediaries, part of OSB Group, has refreshed products across its residential, buy-to-let, and shared ownership product ranges.

Changes include relaunching Income Flexibility and Extra Flexibility residential ranges and rate reductions of 50bps on selected buy-to-let rates.

Residential range changes:

• Income Flexibility Range – for customers who need flexibility around income multipliers.  Available up to 95% LTV for loans up to £1.5million
• Extra Flexibility Range – For customers who need flexibility due to their credit profile.Available up to 85% LTV
• Core residential fixed rates reduced on 85% and 90% LTV products

Shared Ownership range changes:

• All product fees now removed
• Rates reduced on 95% and 100% MSV fixed rates

Buy-to-let:

• 80% LTV fixed rates dropping by 50bps
• Full range rates from 4.59% and suitable for any property type including HMOs with up to 20 lettable rooms

Adrian Moloney, group intermediary director at OSB Group, said: “With the current economic backdrop, we were keen to provide some positive product options for brokers as we understand the challenges they are facing across the board.

“At the end of the day, there are always clients wanting to transact, whether it’s for the next step towards a family home or an investment property so it’s important as a lender that we listen and adapt accordingly.  For example, our income flexibility products were designed to help newly qualified professionals, looking to purchase their first home but needing flexibility around income multipliers.”