Reliance Bank extends cashback deals on shared ownership

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Reliance Bank is to maintain its headline interest rates and extend end dates from 31 March to 31 July.

It is maintaining a cashback incentive for all shared ownership mortgage completions for customers borrowing £50,000 or more, and for key worker mortgage completions for those borrowing £150,00 or more.

Gareth Byrne, head of mortgages for Reliance Bank, said: “I am delighted that we continue to provide cashback incentives for both shared ownership mortgage completions and key worker mortgage completions.

“This helps to further demonstrate how Reliance Bank’s mortgage lending is designed to have a positive social impact.”

The bank stresses that it is a manual underwriting lender and while it credit searches, it does not credit score.

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