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Shared ownership product launch
Adrian Moloney | 01.07.2020
The current climate may have made prospective first-time buyers think about leaving home, changing their current living situation and stepping onto the property ladder.
What’s more is that the recent stamp duty changes from the government many seem to be a lifeline for many residential buyers.
With one of the greatest challenges first-time buyers face being securing a substantial deposit, shared ownership may be the solution.
If that’s something your clients are considering, then Kent Reliance for Intermediaries could provide an answer as we’re offering shared ownership loans of up to £1m on both two and five-year terms.
Some of our other key criteria include:
- Rates from 3.89%
- Up to 75% LTV
- Furlough income considered
- £75k minimum property value
- Up to 100% share value available
- One year self-employed considered
Don’t forget that we also offer 100% staircasing for better flexibility and opportunities for buyers, specifically if they wish to purchase a greater property share.
Could our shared ownership offering provide answers for your clients?
Visit our shared ownership page and download our product guide today for essential information on the latest criteria and product restrictions.
If you have any questions, please contact your local business development manager, who will be happy to help with any queries.
