NEW Key Worker Products Launched
Reliance Bank Ltd are excited to announce the launch of our NEW Key Worker Mortgage Products to both the Intermediary market and Direct Channel.
The Key updates are as follows:
- 2 year fixed of 4.99% fixed until 28th February 2026 (Product Code W C) This is available up to a maximum 75% LTV and has a product fee of £1,499
- 3 year fixed rate of 5.01% until 28th February 2027 (Product Code W D) This is available up to a maximum 75% LTV and has a product fee of £995
- 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
Please remember, ALL Advisers MUST call to discuss every application and assess affordability with one of the underwriters PRIOR to submitting an AIP