"As we head towards the stamp duty deadline, affordability continues to be a barrier and we know prospective first-time buyers together with their brokers will be exploring all potential buying routes"
- Adrian Moloney, intermediary director at OSB Group
Kent Reliance for Intermediaries (KRFI) has launched a new limited edition shared ownership range which offers enhanced flexibility and lower rates.
With rates now starting from 6.09% and new fee options, the shared ownership range also provides flexibility in terms of credit profiles, as options are available for customers with impaired credit history and assessed on a case-by-case basis.
Two and five-year fixed rates are available up to 75% LTV across 90%, 95% and 100% market share value, with a maximum loan size of £1m.
Adrian Moloney, intermediary director at OSB Group, said: “As we head towards the stamp duty deadline, affordability continues to be a barrier and we know prospective first-time buyers together with their brokers will be exploring all potential buying routes, including shared ownership.
"We’re expecting to see an uplift in shared ownership throughout 2025 and this new limited edition offering lower rates from KRFI requires smaller deposits, includes opportunity to ‘staircase’ up to 100% and offers flexibility for customers who may have impaired credit.
"These enhancements are all underpinned by an award winning BDM team, inhouse expert underwriters and speedy turnaround so we’ve got the experience and the knowledge to support brokers helping their customers get that first step on the property ladder.”
