NEW Key Worker Products Launched
Reliance Bank Ltd are excited to announce the launch of 2 new Key Worker Mortgage Products to both the Intermediary market and Direct Channel.
The Key updates are as follows:
- 2 year fixed of 5.30% fixed until 28th February 2026 (Product Code V Y)
- 3 year fixed rate of 5.25% until 28th February 2027 (Product Code V Z)
- These products are up to a maximum 75% LTV
- All applications on the above products must complete by no later than 31st March 2024
- We have maintained the £850 cash back offer on Key Worker Range. This Cash back incentive amount is paid within 60 days of the date that the mortgage completes with Reliance Bank Ltd
- Key Worker Mortgage products can be used for First Time Buyers / Home movers / Remortgage Cases
- Reminder that at least one applicant must belong to one of our qualifying occupations – please refer to attached occupation list for further details
- Product Fees – these can be added to the loan or paid upfront – Please note we will not allow LTV limits to be exceeded when product fee has been added to the loan