To find the information you need about your mortgage please use the filter below: select who you are and what you are looking for and the appropriate information will appear on this page.
Thank you for your interest in taking out a new mortgage with Kent Reliance. We need to let you know that we are not authorised to provide advice on this. Any assistance we provide is strictly limited to basic information and administration of your request.
We only accept new mortgage applications from appropriately qualified mortgage advisers.
If you need advice, or wish to submit an application, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, you’ll find a list of mortgage advisers in your local area at unbiased.co.uk.
The Mortgage Choices Online web portal is designed to help Kent Reliance customers choose a new mortgage deal and track progress from application through to completion.
Mortgage Choices OnlineView our mortgage valuation fee scale.
If your current Kent Reliance mortgage deal is coming to an end, we will contact you to remind you that it is time to look for a new deal.
Otherwise, please contact our dedicated Mortgage Choices team on 03456 717274 to find out your options. Please note that we can only provide assistance with using the Portal and cannot offer advice. If you require advice please contact your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
Select the product you require. You can choose a product via Online Portal (if your account starts with 08), or send completed & signed preference form to mail@krbs.com (for accounts starting 08 & 7000). Once we receive the request, we will send you a mortgage illustration & offer showing the key features of the deal, in next 7-10 working days. Included with the Offer, will be an acceptance form that all parties to the mortgage will need to sign. Return that to us by latest 25th of the month before product expiry or if your account is already on a standard variable rate. We will only be able to make the product effective 1st of the following month, once the signed acceptance form is received from your end. Within next 7-10 working days, we will send the letter to you to confirm that the request has been processed and when the change will become effective from.
The following table shows the full range of products available for customers who currently hold a Kent Reliance shared ownership mortgage.
LTV | Mortgage type |
Term | Initial rate |
Revert rate |
APRC | Product fee |
Min loan size |
Max loan size |
Early repayment charge |
Product code |
---|---|---|---|---|---|---|---|---|---|---|
100%* | Fixed | 2 | 6.89% | BBR + 3.25% | 8.6% | 0% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02543 KCHS2311 |
100%* | Fixed | 2 | 6.39% | BBR + 3.25% | 8.6% | 1% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02544 KCHS2311 |
100%* | Fixed | 5 | 6.49% | BBR + 3.25% | 8.1% | 0% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02545 KCHS2311 |
100%* | Fixed | 5 | 6.29% | BBR + 3.25% | 8.2% | 1% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02546 KCHS2311 |
Bank of England Base Rate (BBR): 5.25%
*The Loan to Value (LTV) quoted relates to the mortgage value as a percentage of the value of the share you own. This is known as the Mortgage Share value (MSV).
All our products are subject to availability and may be withdrawn at any time. * Early repayment charges may be incurred for full redemption or repayment of capital.
A Capital Repayment mortgage of £1,809,000.00 payable over 35 years initially on a fixed rate for 2 years at 7.19% and then on a tracker rate for the remaining 33 years at 3.49% above 5.25% (Bank of England Base Rate) giving a current rate payable of 8.74% (variable) would require 24 monthly payments of £11,828.42 and 396 monthly payments of £13,808.35.
The total amount payable would be £5,754,108.68 made up of the loan amount plus interest (£5,747,441.18) and a product fee £4,522.50, valuation fee £2,070, funds transfer fee £25, and a redemption administration fee £50.
The overall cost for comparison is 8.8% APRC representative.
If you are coming to the end of your deal, we will contact you via post, including a Mortgage Choice application form.
You can choose to have your mortgage broker apply on your behalf – or apply yourself by returning the application form provided or through our Mortgage Choices Online portal.
Table explained
Mortgage type
Tracker rate: a rate based on Bank of England Base Rate (BBR) plus the agreed set percentage as stated in your mortgage offer.
The interest rate will change when BBR changes. Please note that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
Term
The duration of any initial rate.
Initial rate
The rate charged for the term of the mortgage deal.
Revert rate
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor.
This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
APRC
APRC stands for Annual Percentage Rate of Charge. It is used as a means of comparison for financial services products and takes into account the total amount of interest and any fees applied to your mortgage.
Product fee
This is the fee charged for arranging your mortgage.
Early repayment charge
This is the charge you pay to Kent Reliance if you repay all or part of your mortgage earlier than the end of the agreed term or deal period or make an additional payment of more than £499 in any month. This may also be payable if you move house and are not able to take the mortgage to the new property, or if you remortgage during the initial rate period of your mortgage. An early repayment charge is typically expressed as a percentage of the loan amount so if a mortgage has an early repayment charge of 1% of the mortgage balance, on a £100,000 mortgage that would equate to an early repayment charge of £1,000.
Notes about our mortgage products
The Standard variable rate can vary in line with the general level of interest rates and economic conditions.
A list of our fees and charges accompanies all Mortgage Illustrations.
The minimum mortgage term is 2 years and the maximum 35.
These mortgage products are portable. Even if you move home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of your existing mortgage) of that special deal can be transferred to your new mortgage with us, subject to our lending criteria at the time of any move. In this case, any early repayment charges will not be charged but the existing rate will not apply to any additional funds that you borrow.
For interest-only or part repayment/part interest-only, it is your responsibility to ensure you have sufficient funds available at the end of the term with which to repay the loan.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over and security will be required on the property. Written quotations available on request.
Important
Kent Reliance is not authorised by the Financial Conduct Authority to provide advice on what mortgage product is most suitable for you. Any assistance we provide is strictly limited to basic information and administration of your request.
Kent Reliance is providing you with this information on an execution-only basis, that is, no advice has been provided. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you require advice, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Step 1
You will have received your initial choices letter and the available products are listed below.
Step 2
Please complete the Mortgage Preference form that was included with the initial selections letter. Each applicant must sign this letter and return the completed form by post or email the documents to mail@krbs.com.
Step 3
Upon receipt of the signed Preference Form, we will review your request and issue a Mortgage Offer within 7 - 10 working days.
For any queries, please contact our dedicated Mortgage Choices team on 0345 671 7274.
The following table shows the full range of products available for customers who currently hold a Kent Reliance shared ownership mortgage.
LTV | Mortgage type |
Term | Initial rate |
Revert rate |
APRC | Product fee |
Min loan size |
Max loan size |
Early repayment charge |
Product code |
---|---|---|---|---|---|---|---|---|---|---|
100%* | Fixed | 2 | 6.89% | BBR + 3.25% | 8.6% | 0% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02543 KCHS2311 |
100%* | Fixed | 2 | 6.39% | BBR + 3.25% | 8.6% | 1% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02544 KCHS2311 |
100%* | Fixed | 5 | 6.49% | BBR + 3.25% | 8.1% | 0% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02545 KCHS2311 |
100%* | Fixed | 5 | 6.29% | BBR + 3.25% | 8.2% | 1% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02546 KCHS2311 |
Bank of England Base Rate (BBR): 5.25%
*The Loan to Value (LTV) quoted relates to the mortgage value as a percentage of the value of the share you own. This is known as the Mortgage Share value (MSV).
All our products are subject to availability and may be withdrawn at any time. * Early repayment charges may be incurred for full redemption or repayment of capital.
A Capital Repayment mortgage of £1,809,000.00 payable over 35 years initially on a fixed rate for 2 years at 7.19% and then on a tracker rate for the remaining 33 years at 3.49% above 5.25% (Bank of England Base Rate) giving a current rate payable of 8.74% (variable) would require 24 monthly payments of £11,828.42 and 396 monthly payments of £13,808.35.
The total amount payable would be £5,754,108.68 made up of the loan amount plus interest (£5,747,441.18) and a product fee £4,522.50, valuation fee £2,070, funds transfer fee £25, and a redemption administration fee £50.
The overall cost for comparison is 8.8% APRC representative.
If you are coming to the end of your deal, we will contact you via post, including a Mortgage Choice application form.
You can choose to have your mortgage broker apply on your behalf – or apply yourself by returning the application form provided or through our Mortgage Choices Online portal.
Once we have received your choice, we will send you a Choices offer document containing an illustration of the key features of your chosen product, along with a Declaration form. You will need to sign both of these and return them to us before your current mortgage deal ends.
If we do not hear from you or receive your completed Declaration and Offer Acceptance forms before your current deal ends, your mortgage will revert to the interest rate which was confirmed in your original mortgage offer.
Table explained
Mortgage type
Tracker rate: a rate based on Bank of England Base Rate (BBR) plus the agreed set percentage as stated in your mortgage offer.
The interest rate will change when BBR changes. Please note that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
Term
The duration of any initial rate.
Initial rate
The rate charged for the term of the mortgage deal.
Revert rate
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor.
This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
APRC
APRC stands for Annual Percentage Rate of Charge. It is used as a means of comparison for financial services products and takes into account the total amount of interest and any fees applied to your mortgage.
Product fee
This is the fee charged for arranging your mortgage.
Early repayment charge
This is the charge you pay to Kent Reliance if you repay all or part of your mortgage earlier than the end of the agreed term or deal period or make an additional payment of more than £499 in any month. This may also be payable if you move house and are not able to take the mortgage to the new property, or if you remortgage during the initial rate period of your mortgage. An early repayment charge is typically expressed as a percentage of the loan amount so if a mortgage has an early repayment charge of 1% of the mortgage balance, on a £100,000 mortgage that would equate to an early repayment charge of £1,000.
Notes about our mortgage products
The Standard variable rate can vary in line with the general level of interest rates and economic conditions.
A list of our fees and charges accompanies all Mortgage Illustrations.
The minimum mortgage term is 2 years and the maximum 35.
These mortgage products are portable. Even if you move home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of your existing mortgage) of that special deal can be transferred to your new mortgage with us, subject to our lending criteria at the time of any move. In this case, any early repayment charges will not be charged but the existing rate will not apply to any additional funds that you borrow.
For interest-only or part repayment/part interest-only, it is your responsibility to ensure you have sufficient funds available at the end of the term with which to repay the loan.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over and security will be required on the property. Written quotations available on request.
Important
Kent Reliance is not authorised by the Financial Conduct Authority to provide advice on what mortgage product is most suitable for you. Any assistance we provide is strictly limited to basic information and administration of your request.
Kent Reliance is providing you with this information on an execution-only basis, that is, no advice has been provided. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you require advice, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The Mortgage Choices Online web portal is designed to help Kent Reliance customers choose a new mortgage deal and track progress from application through to completion.
Mortgage Choices OnlineView our mortgage valuation fee scale.
If your current Kent Reliance mortgage deal is coming to an end, we will contact you to remind you that it is time to look for a new deal.
Otherwise, please contact our dedicated Mortgage Choices team on 0345 671 7274 to find out your options. Please note that we can only provide assistance with using the Portal and cannot offer advice. If you require advice please contact your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
Select the product you require. You can choose a product via Online Portal (if your account starts with 08), or send completed & signed preference form to mail@krbs.com (for accounts starting 08 & 7000). Once we receive the request, we will send you a mortgage illustration & offer showing the key features of the deal, in next 7-10 working days. Included with the Offer, will be an acceptance form that all parties to the mortgage will need to sign. Return that to us by latest 25th of the month before product expiry or if your account is already on a standard variable rate. We will only be able to make the product effective 1st of the following month, once the signed acceptance form is received from your end. Within next 7-10 working days, we will send the letter to you to confirm that the request has been processed and when the change will become effective from.
The following table shows the full range of products available for customers who currently hold a Kent Reliance Buy to Let standard mortgage.
Important
Kent Reliance is providing you with this information on an execution-only basis, that is, no advice has been provided. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you require advice, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
Mortgage type |
Term | Initial rate |
Revert rate |
APRC | Product fee |
Min loan size |
Max loan size |
Early repayment charge |
Product code |
---|---|---|---|---|---|---|---|---|---|
Tracker | 2 | 7.79% | BBR + 3.25% | 8.5% | 0% | £1,000 | Unlimited | 1% in years one and two | 02547 KCHB2311 |
Tracker | 2 | 7.29% | BBR + 3.25% | 8.5% | 1% | £1,000 | Unlimited | 1% in years one and two | 02548 KCHB2311 |
Tracker | 2 | 6.29% | BBR + 3.25% | 8.6% | 3% | £1,000 | Unlimited | 0.5% in year one, 1% in year two | 02549 KCHB2311 |
Fixed | 1 | 7.59% | BBR + 3.25% | 8.8% | 0% | £1,000 | Unlimited | 3% in year one | 02550 KCHB2311 |
Fixed | 1 | 6.59% | BBR + 3.25% | 8.8% | 1% | £1,000 | Unlimited | 2% in year one | 02551 KCHB2311 |
Fixed | 1 | 4.59% | BBR + 3.25% | 8.8% | 3% | £1,000 | Unlimited | 0.5% in year one | 02552 KCHB2311 |
Fixed | 2 | 7.69% | BBR + 3.25% | 8.7% | 0% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02463 KCHB2307 |
Fixed | 2 | 7.19% | BBR + 3.25% | 8.7% | 1% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02464 KCHB2307 |
Fixed | 2 | 6.19% | BBR + 3.25% | 8.7% | 3% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02465 KCHB2307 |
Fixed | 3 | 7.39% | BBR + 3.25% | 8.6% | 0% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02466 KCHB2307 |
Fixed | 3 | 7.09% | BBR + 3.25% | 8.5% | 1% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02467 KCHB2307 |
Fixed | 3 | 6.39% | BBR + 3.25% | 8.6% | 3% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02468 KCHB2307 |
Fixed | 5 | 6.89% | BBR + 3.25% | 8.1% | 0% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02469 KCHB2307 |
Fixed | 5 | 6.69% | BBR + 3.25% | 8.0% | 1% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02470 KCHB2307 |
Fixed | 5 | 6.29% | BBR + 3.25% | 8.2% | 3% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02471 KCHB2307 |
5 years fixed
LTV | 75% |
---|---|
Intial rate | 5.74% |
Revert rate | 9.58% |
APRC | 5.91% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 5% in year one, 4% in year two and 3% in years three, four and five |
Product code | 02134 KCHB2210 |
5 years fixed
LTV | 85% |
---|---|
Intial rate | 6.14% |
Revert rate | 9.58% |
APRC | 6.43% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 5% in year one, 4% in year two and 3% in years three, four and five |
Product code | 02135 KCHB2210 |
Bank of England Base Rate (BBR): 5.25%
All our products are subject to availability and may be withdrawn at any time. * Early repayment charges may be incurred for full redemption or repayment of capital.
An Interest Only mortgage of £296,234.33 payable over 30 years initially on a fixed rate for 2 years at 5.74% and then on a tracker rate for the remaining 28 years at 3.25% above 5.25% (Bank of England Base Rate) giving a current rate payable of 8.50% (variable) would require 24 monthly payments of £1,445.45 and 336 monthly payments of £2,140.47.
The total amount payable would be £1,056,592.74 made up of the loan amount plus interest (£1,050,123.05) and a product fee £5,924.69, valuation fee £470, funds transfer fee £25, and a redemption administration fee £50.
The overall cost for comparison is 8.6% APRC representative.
If you are coming to the end of your deal, we will contact you via post, including a Mortgage Choice application form.
You can choose to have your mortgage broker apply on your behalf – or apply yourself by returning the application form provided or through our Mortgage Choices Online portal.
Table explained
Mortgage type
Tracker rate: a rate based on Bank of England Base Rate (BBR) plus the agreed set percentage as stated in your mortgage offer.
The interest rate will change when BBR changes. Please note that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
Term
The duration of any initial rate.
Initial rate
The rate charged for the term of the mortgage deal.
Revert rate
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor.
This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
APRC
APRC stands for Annual Percentage Rate of Charge. It is used as a means of comparison for financial services products and takes into account the total amount of interest and any fees applied to your mortgage.
Product fee
This is the fee charged for arranging your mortgage.
Early repayment charge
This is the charge you pay to Kent Reliance if you repay all or part of your mortgage earlier than the end of the agreed term or deal period or make an additional payment of more than £499 in any month. This may also be payable if you move house and are not able to take the mortgage to the new property, or if you remortgage during the initial rate period of your mortgage. An early repayment charge is typically expressed as a percentage of the loan amount so if a mortgage has an early repayment charge of 1% of the mortgage balance, on a £100,000 mortgage that would equate to an early repayment charge of £1,000.
Notes about our mortgage products
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor. This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
A list of our fees and charges accompanies all Mortgage Illustrations.
The minimum mortgage term is 2 years and the maximum 35.
These mortgage products are portable. Even if you move home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of your existing mortgage) of that special deal can be transferred to your new mortgage with us, subject to our lending criteria at the time of any move. In this case, any early repayment charges will not be charged but the existing rate will not apply to any additional funds that you borrow.
For interest-only or part repayment/part interest-only, it is your responsibility to ensure you have sufficient funds available at the end of the term with which to repay the loan.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over and security will be required on the property. Written quotations available on request.
Important
Kent Reliance is not authorised by the Financial Conduct Authority to provide advice on what mortgage product is most suitable for you. Any assistance we provide is strictly limited to basic information and administration of your request.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The products and/or services featured above are not regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Step 1
You will have received your initial choices letter and the available products are listed below.
Step 2
Please complete the Mortgage Preference form that was included with the initial selections letter. Each applicant must sign this letter and return the completed form by post or email the documents to mail@krbs.com.
Step 3
Upon receipt of the signed Preference Form, we will review your request and issue a Mortgage Offer within 7 - 10 working days.
For any queries, please contact our dedicated Mortgage Choices team on 0345 671 7274.
The following table shows the full range of products available for customers who currently hold a Kent Reliance Buy to Let standard mortgage.
Important
Kent Reliance is providing you with this information on an execution-only basis, that is, no advice has been provided. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you require advice, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
Mortgage type |
Term | Initial rate |
Revert rate |
APRC | Product fee |
Min loan size |
Max loan size |
Early repayment charge |
Product code |
---|---|---|---|---|---|---|---|---|---|
Tracker | 2 | 7.79% | BBR + 3.25% | 8.5% | 0% | £1,000 | Unlimited | 1% in years one and two | 02547 KCHB2311 |
Tracker | 2 | 7.29% | BBR + 3.25% | 8.5% | 1% | £1,000 | Unlimited | 1% in years one and two | 02548 KCHB2311 |
Tracker | 2 | 6.29% | BBR + 3.25% | 8.6% | 3% | £1,000 | Unlimited | 0.5% in year one, 1% in year two | 02549 KCHB2311 |
Fixed | 1 | 7.59% | BBR + 3.25% | 8.8% | 0% | £1,000 | Unlimited | 3% in year one | 02550 KCHB2311 |
Fixed | 1 | 6.59% | BBR + 3.25% | 8.8% | 1% | £1,000 | Unlimited | 2% in year one | 02551 KCHB2311 |
Fixed | 1 | 4.59% | BBR + 3.25% | 8.8% | 3% | £1,000 | Unlimited | 0.5% in year one | 02552 KCHB2311 |
Fixed | 2 | 7.69% | BBR + 3.25% | 8.7% | 0% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02463 KCHB2307 |
Fixed | 2 | 7.19% | BBR + 3.25% | 8.7% | 1% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02464 KCHB2307 |
Fixed | 2 | 6.19% | BBR + 3.25% | 8.7% | 3% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02465 KCHB2307 |
Fixed | 3 | 7.39% | BBR + 3.25% | 8.6% | 0% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02466 KCHB2307 |
Fixed | 3 | 7.09% | BBR + 3.25% | 8.5% | 1% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02467 KCHB2307 |
Fixed | 3 | 6.39% | BBR + 3.25% | 8.6% | 3% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02468 KCHB2307 |
Fixed | 5 | 6.89% | BBR + 3.25% | 8.1% | 0% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02469 KCHB2307 |
Fixed | 5 | 6.69% | BBR + 3.25% | 8.0% | 1% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02470 KCHB2307 |
Fixed | 5 | 6.29% | BBR + 3.25% | 8.2% | 3% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02471 KCHB2307 |
5 years fixed
LTV | 75% |
---|---|
Intial rate | 5.74% |
Revert rate | 9.58% |
APRC | 5.91% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 5% in year one, 4% in year two and 3% in years three, four and five |
Product code | 02134 KCHB2210 |
5 years fixed
LTV | 85% |
---|---|
Intial rate | 6.14% |
Revert rate | 9.58% |
APRC | 6.43% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 5% in year one, 4% in year two and 3% in years three, four and five |
Product code | 02135 KCHB2210 |
Bank of England Base Rate (BBR): 5.25%
All our products are subject to availability and may be withdrawn at any time. * Early repayment charges may be incurred for full redemption or repayment of capital.
An Interest Only mortgage of £296,234.33 payable over 30 years initially on a fixed rate for 2 years at 5.74% and then on a tracker rate for the remaining 28 years at 3.25% above 5.25% (Bank of England Base Rate) giving a current rate payable of 8.50% (variable) would require 24 monthly payments of £1,445.45 and 336 monthly payments of £2,140.47.
The total amount payable would be £1,056,592.74 made up of the loan amount plus interest (£1,050,123.05) and a product fee £5,924.69, valuation fee £470, funds transfer fee £25, and a redemption administration fee £50.
The overall cost for comparison is 8.6% APRC representative.
If you are coming to the end of your deal, we will contact you via post, including a Mortgage Choice application form.
You can choose to have your mortgage broker apply on your behalf – or apply yourself by returning the application form provided or through our Mortgage Choices Online portal.
Once we have received your choice, we will send you a Choices offer document containing an illustration of the key features of your chosen product, along with a Declaration Form. You will need to sign both of these and return them to us before your current mortgage deal ends.
If we do not hear from you or receive your completed Declaration and Offer Acceptance forms before your current deal ends, your mortgage will revert to the interest rate which was confirmed in your original mortgage offer.
Table explained
Mortgage type
Tracker rate: a rate based on Bank of England Base Rate (BBR) plus the agreed set percentage as stated in your mortgage offer.
The interest rate will change when BBR changes. Please note that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
Term
The duration of any initial rate.
Initial rate
The rate charged for the term of the mortgage deal.
Revert rate
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor.
This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
APRC
APRC stands for Annual Percentage Rate of Charge. It is used as a means of comparison for financial services products and takes into account the total amount of interest and any fees applied to your mortgage.
Product fee
This is the fee charged for arranging your mortgage.
Early repayment charge
This is the charge you pay to Kent Reliance if you repay all or part of your mortgage earlier than the end of the agreed term or deal period or make an additional payment of more than £499 in any month. This may also be payable if you move house and are not able to take the mortgage to the new property, or if you remortgage during the initial rate period of your mortgage. An early repayment charge is typically expressed as a percentage of the loan amount so if a mortgage has an early repayment charge of 1% of the mortgage balance, on a £100,000 mortgage that would equate to an early repayment charge of £1,000.
Notes about our mortgage products
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor. This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
A list of our fees and charges accompanies all Mortgage Illustrations.
The minimum mortgage term is 2 years and the maximum 35.
These mortgage products are portable. Even if you move home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of your existing mortgage) of that special deal can be transferred to your new mortgage with us, subject to our lending criteria at the time of any move. In this case, any early repayment charges will not be charged but the existing rate will not apply to any additional funds that you borrow.
For interest-only or part repayment/part interest-only, it is your responsibility to ensure you have sufficient funds available at the end of the term with which to repay the loan.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over and security will be required on the property. Written quotations available on request.
Important
Kent Reliance is not authorised by the Financial Conduct Authority to provide advice on what mortgage product is most suitable for you. Any assistance we provide is strictly limited to basic information and administration of your request.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The products and/or services featured above are not regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
The Mortgage Choices Online web portal is designed to help Kent Reliance customers choose a new mortgage deal and track its progress from application through to completion.
Mortgage Choices OnlineView our mortgage valuation fee scale.
If your current Kent Reliance mortgage deal is coming to an end, we will contact you to remind you that it is time to look for a new deal.
Otherwise, please contact our dedicated Mortgage Choices team on 0345 671 7274 to find out your options. Please note that we can only provide assistance with using the Portal and cannot offer advice. If you require advice please contact your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
Select the product you require. You can choose a product via Online Portal (if your account starts with 08), or send completed & signed preference form to mail@krbs.com (for accounts starting 08 & 7000). Once we receive the request, we will send you a mortgage illustration & offer showing the key features of the deal, in next 7-10 working days. Included with the Offer, will be an acceptance form that all parties to the mortgage will need to sign. Return that to us by latest 25th of the month before product expiry or if your account is already on a standard variable rate. We will only be able to make the product effective 1st of the following month, once the signed acceptance form is received from your end. Within next 7-10 working days, we will send the letter to you to confirm that the request has been processed and when the change will become effective from.
The following table shows the full range of products available for customers who currently hold a Kent Reliance residential mortgage.
Important
Kent Reliance is providing you with this information on an execution-only basis, that is, no advice has been provided. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you require advice, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
Mortgage type |
Term | Initial rate |
Revert rate |
APRC | Product fee |
Min loan size |
Max loan size |
Early repayment charge |
Product code |
---|---|---|---|---|---|---|---|---|---|
Fixed | 2 | 6.89% | BBR + 3.25% | 8.5% | 0% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02537 KCHR2311 |
Fixed | 2 | 6.39% | BBR + 3.25% | 8.5% | 1% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02538 KCHR2311 |
Fixed | 3 | 6.69% | BBR + 3.25% | 8.3% | 0% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02539 KCHR2311 |
Fixed | 3 | 6.39% | BBR + 3.25% | 8.4% | 1% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02540 KCHR2311 |
Fixed | 5 | 6.49% | BBR + 3.25% | 7.8% | 0% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02541 KCHR2311 |
Fixed | 5 | 6.29% | BBR + 3.25% | 8.1% | 1% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02542 KCHR2311 |
2 years fixed
LTV | 75% |
---|---|
Intial rate | 5.99% |
Revert rate | BBR + 3.49% |
APRC | 4.42% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 4% in year one, 3% in year two |
Product code | 02143 KCHR2210 |
5 years fixed
LTV | 75% |
---|---|
Intial rate | 5.74% |
Revert rate | BBR + 3.49% |
APRC | 5.58% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 5% in year one, 4% in year two and 3% in years three, four and five |
Product code | 02144 KCHR2210 |
2 years fixed
LTV | 95% |
---|---|
Intial rate | 7.29% |
Revert rate | BBR + 3.49% |
APRC | 4.73% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 4% in year one, 3% in year two |
Product code | 02145 KCHR2210 |
5 years fixed
LTV | 95% |
---|---|
Intial rate | 7.14% |
Revert rate | BBR + 3.49% |
APRC | 4.95% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 5% in year one, 4% in year two and 3% in years three, four and five |
Product code | 02146 KCHR2210 |
Bank of England Base Rate (BBR): 5.25%
All our products are subject to availability and may be withdrawn at any time. * Early repayment charges may be incurred for full redemption or repayment of capital.
A Capital Repayment mortgage of £1,809,000.00 payable over 35 years initially on a fixed rate for 2 years at 7.19% and then on a tracker rate for the remaining 33 years at 3.49% above 5.25% (Bank of England Base Rate) giving a current rate payable of 8.74% (variable) would require 24 monthly payments of £11,828.42 and 396 monthly payments of £13,808.35.
The total amount payable would be £5,754,108.68 made up of the loan amount plus interest (£5,747,441.18) and a product fee £4,522.50, valuation fee £2,070, funds transfer fee £25, and a redemption administration fee £50.
The overall cost for comparison is 8.8% APRC representative.
If you are coming to the end of your deal, we will contact you via post, including a Mortgage Choices application form.
You can choose to have your mortgage broker apply on your behalf – or apply yourself by returning the application form provided, or through our Mortgage Choices Online portal.
Table explained
Mortgage type
Tracker rate: a rate based on Bank of England Base Rate (BBR) plus the agreed set percentage as stated in your mortgage offer.
The interest rate will change when BBR changes. Please note that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
Term
The duration of any initial rate.
Initial rate
The rate charged for the term of the mortgage deal.
Revert rate
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor.
This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
APRC
APRC stands for Annual Percentage Rate of Charge. It is used as a means of comparison for financial services products and takes into account the total amount of interest and any fees applied to your mortgage.
Product fee
This is the fee charged for arranging your mortgage.
Early repayment charge
This is the charge you pay to Kent Reliance if you repay all or part of your mortgage earlier than the end of the agreed term or deal period or make an additional payment of more than £499 in any month. This may also be payable if you move house and are not able to take the mortgage to the new property, or if you remortgage during the initial rate period of your mortgage. An early repayment charge is typically expressed as a percentage of the loan amount so if a mortgage has an early repayment charge of 1% of the mortgage balance, on a £100,000 mortgage that would equate to an early repayment charge of £1,000.
Notes about our mortgage products
The Standard variable rate can vary in line with the general level of interest rates and economic conditions.
A list of our fees and charges accompanies all Mortgage Illustrations.
The minimum mortgage term is 2 years and the maximum 35.
These mortgage products are portable. Even if you move home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of your existing mortgage) of that special deal can be transferred to your new mortgage with us, subject to our lending criteria at the time of any move. In this case, any early repayment charges will not be charged but the existing rate will not apply to any additional funds that you borrow.
For interest-only or part repayment/part interest-only, it is your responsibility to ensure you have sufficient funds available at the end of the term with which to repay the loan.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over and security will be required on the property. Written quotations available on request.
Important
Kent Reliance is not authorised by the Financial Conduct Authority to provide advice on what mortgage product is most suitable for you. Any assistance we provide is strictly limited to basic information and administration of your request.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Step 1
You will have received your initial choices letter and the available products are listed below.
Step 2
Please complete the Mortgage Preference form that was included with the initial selections letter. Each applicant must sign this letter and return the completed form by post or email the documents to mail@krbs.com.
Step 3
Upon receipt of the signed Preference Form, we will review your request and issue a Mortgage Offer within 7 - 10 working days.
For any queries, please contact our dedicated Mortgage Choices team on 0345 671 7274.
The following table shows the full range of products available for customers who currently hold a Kent Reliance residential mortgage.
Important
Kent Reliance is providing you with this information on an execution-only basis, that is, no advice has been provided. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you require advice, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
Mortgage type |
Term | Initial rate |
Revert rate |
APRC | Product fee |
Min loan size |
Max loan size |
Early repayment charge |
Product code |
---|---|---|---|---|---|---|---|---|---|
Fixed | 2 | 6.89% | BBR + 3.25% | 8.5% | 0% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02537 KCHR2311 |
Fixed | 2 | 6.39% | BBR + 3.25% | 8.5% | 1% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02538 KCHR2311 |
Fixed | 3 | 6.69% | BBR + 3.25% | 8.3% | 0% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02539 KCHR2311 |
Fixed | 3 | 6.39% | BBR + 3.25% | 8.4% | 1% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02540 KCHR2311 |
Fixed | 5 | 6.49% | BBR + 3.25% | 7.8% | 0% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02541 KCHR2311 |
Fixed | 5 | 6.29% | BBR + 3.25% | 8.1% | 1% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02542 KCHR2311 |
2 years fixed
LTV | 75% |
---|---|
Intial rate | 5.99% |
Revert rate | BBR + 3.49% |
APRC | 4.42% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 4% in year one, 3% in year two |
Product code | 02143 KCHR2210 |
5 years fixed
LTV | 75% |
---|---|
Intial rate | 5.74% |
Revert rate | BBR + 3.49% |
APRC | 5.58% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 5% in year one, 4% in year two and 3% in years three, four and five |
Product code | 02144 KCHR2210 |
2 years fixed
LTV | 95% |
---|---|
Intial rate | 7.29% |
Revert rate | BBR + 3.49% |
APRC | 4.73% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 4% in year one, 3% in year two |
Product code | 02145 KCHR2210 |
5 years fixed
LTV | 95% |
---|---|
Intial rate | 7.14% |
Revert rate | BBR + 3.49% |
APRC | 4.95% |
Product fee | 0% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 5% in year one, 4% in year two and 3% in years three, four and five |
Product code | 02146 KCHR2210 |
Bank of England Base Rate (BBR): 5.25%
All our products are subject to availability and may be withdrawn at any time. * Early repayment charges may be incurred for full redemption or repayment of capital.
A Capital Repayment mortgage of £1,809,000.00 payable over 35 years initially on a fixed rate for 2 years at 7.19% and then on a tracker rate for the remaining 33 years at 3.49% above 5.25% (Bank of England Base Rate) giving a current rate payable of 8.74% (variable) would require 24 monthly payments of £11,828.42 and 396 monthly payments of £13,808.35.
The total amount payable would be £5,754,108.68 made up of the loan amount plus interest (£5,747,441.18) and a product fee £4,522.50, valuation fee £2,070, funds transfer fee £25, and a redemption administration fee £50.
The overall cost for comparison is 8.8% APRC representative.
If you are coming to the end of your deal, we will contact you via post, including a Mortgage Choices application form.
You can choose to have your mortgage broker apply on your behalf – or apply yourself by returning the application form provided, or through our Mortgage Choices Online portal.
Once we have received your choice, we will send you a Choices offer document containing an illustration of the key features of your chosen product, along with a Declaration form. You will need to sign both of these and return them to us before your current mortgage deal ends.
If we do not hear from you or receive your completed Declaration and Offer Acceptance forms before your current deal ends, your mortgage will revert to the interest rate which was confirmed in your original mortgage offer.
Table explained
Mortgage type
Tracker rate: a rate based on Bank of England Base Rate (BBR) plus the agreed set percentage as stated in your mortgage offer.
The interest rate will change when BBR changes. Please note that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
Term
The duration of any initial rate.
Initial rate
The rate charged for the term of the mortgage deal.
Revert rate
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor.
This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
APRC
APRC stands for Annual Percentage Rate of Charge. It is used as a means of comparison for financial services products and takes into account the total amount of interest and any fees applied to your mortgage.
Product fee
This is the fee charged for arranging your mortgage.
Early repayment charge
This is the charge you pay to Kent Reliance if you repay all or part of your mortgage earlier than the end of the agreed term or deal period or make an additional payment of more than £499 in any month. This may also be payable if you move house and are not able to take the mortgage to the new property, or if you remortgage during the initial rate period of your mortgage. An early repayment charge is typically expressed as a percentage of the loan amount so if a mortgage has an early repayment charge of 1% of the mortgage balance, on a £100,000 mortgage that would equate to an early repayment charge of £1,000.
Notes about our mortgage products
The Standard variable rate can vary in line with the general level of interest rates and economic conditions.
A list of our fees and charges accompanies all Mortgage Illustrations.
The minimum mortgage term is 2 years and the maximum 35.
These mortgage products are portable. Even if you move home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of your existing mortgage) of that special deal can be transferred to your new mortgage with us, subject to our lending criteria at the time of any move. In this case, any early repayment charges will not be charged but the existing rate will not apply to any additional funds that you borrow.
For interest-only or part repayment/part interest-only, it is your responsibility to ensure you have sufficient funds available at the end of the term with which to repay the loan.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over and security will be required on the property. Written quotations available on request.
Important
Kent Reliance is not authorised by the Financial Conduct Authority to provide advice on what mortgage product is most suitable for you. Any assistance we provide is strictly limited to basic information and administration of your request.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The Mortgage Choices Online web portal is designed to help Kent Reliance customers choose a new mortgage deal and track progress from application through to completion.
Mortgage Choices OnlineView our mortgage valuation fee scale.
If your current Kent Reliance mortgage deal is coming to an end, we will contact you to remind you that it is time to look for a new deal.
Otherwise, please contact our dedicated Mortgage Choices team on 0345 671 7274 to find out your options. Please note that we can only provide assistance with using the Portal and cannot offer advice. If you require advice please contact your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
Select the product you require. You can choose a product via Online Portal (if your account starts with 08), or send completed & signed preference form to mail@krbs.com (for accounts starting 08 & 7000). Once we receive the request, we will send you a mortgage illustration & offer showing the key features of the deal, in next 7-10 working days. Included with the Offer, will be an acceptance form that all parties to the mortgage will need to sign. Return that to us by latest 25th of the month before product expiry or if your account is already on a standard variable rate. We will only be able to make the product effective 1st of the following month, once the signed acceptance form is received from your end. Within next 7-10 working days, we will send the letter to you to confirm that the request has been processed and when the change will become effective from.
The following table shows the full range of products available for customers who currently hold a Kent Reliance Buy to Let ex-pat mortgage.
Mortgage type |
Term | Initial rate |
Revert rate |
APRC | Product fee |
Min loan size |
Max loan size |
Early repayment charge |
Product code |
---|---|---|---|---|---|---|---|---|---|
Tracker | 2 | 7.79% | BBR + 3.25% | 8.0% | 0% | £1,000 | Unlimited | 1% in years one and two | 02553 KCHE2311 |
Tracker | 2 | 7.29% | BBR + 3.25% | 8.5% | 1% | £1,000 | Unlimited | 1% in years one and two | 02554 KCHE2311 |
Tracker | 2 | 6.29% | BBR + 3.25% | 8.5% | 3% | £1,000 | Unlimited | 0.5% in year one, 1% in year two | 02555 KCHE2311 |
Fixed | 1 | 7.59% | BBR + 3.25% | 8.9% | 0% | £1,000 | Unlimited | 3% in year one | 02556 KCHE2311 |
Fixed | 1 | 6.59% | BBR + 3.25% | 8.8% | 1% | £1,000 | Unlimited | 2% in year one | 02557 KCHE2311 |
Fixed | 1 | 4.59% | BBR + 3.25% | 8.8% | 3% | £1,000 | Unlimited | 0.5% in year one | 02558 KCHE2311 |
Fixed | 2 | 7.69% | BBR + 3.25% | 9.8% | 0% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02478 KCHE2307 |
Fixed | 2 | 7.19% | BBR + 3.25% | 8.6% | 1% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02479 KCHE2307 |
Fixed | 2 | 6.19% | BBR + 3.25% | 8.7% | 3% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02480 KCHE2307 |
Fixed | 3 | 7.39% | BBR + 3.25% | 13.0% | 0% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02481 KCHE2307 |
Fixed | 3 | 7.09% | BBR + 3.25% | 8.6% | 1% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02482 KCHE2307 |
Fixed | 3 | 6.39% | BBR + 3.25% | 8.6% | 3% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02483 KCHE2307 |
Fixed | 5 | 6.89% | BBR + 3.25% | 8.0% | 0% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02484 KCHE2307 |
Fixed | 5 | 6.69% | BBR + 3.25% | 16.0% | 1% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02485 KCHE2307 |
Fixed | 5 | 6.29% | BBR + 3.25% | 15.2% | 3% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02486 KCHE2307 |
2 years fixed
Intial rate | 5.99% |
---|---|
Revert rate | 9.58% |
APRC | 8.30% |
Product fee | 1.00% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 4% in year one, 3% in year two |
Product code | 02239 KCHE2211 |
3 years fixed
Intial rate | 5.99% |
---|---|
Revert rate | 9.58% |
APRC | 8.09% |
Product fee | 1.00% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 4% in year one, 3% in years two and three |
Product code | 02240 KCHE2211 |
5 years fixed
Intial rate | 5.99% |
---|---|
Revert rate | 9.58% |
APRC | 7.72% |
Product fee | 1% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five |
Product code | 02241 KCHE2211 |
Bank of England Base Rate (BBR): 5.25%
All our products are subject to availability and may be withdrawn at any time. * Early repayment charges may be incurred for full redemption or repayment of capital.
An Interest Only mortgage of £296,234.33 payable over 30 years initially on a fixed rate for 2 years at 5.74% and then on a tracker rate for the remaining 28 years at 3.25% above 5.25% (Bank of England Base Rate) giving a current rate payable of 8.50% (variable) would require 24 monthly payments of £1,445.45 and 336 monthly payments of £2,140.47.
The total amount payable would be £1,056,592.74 made up of the loan amount plus interest (£1,050,123.05) and a product fee £5,924.69, valuation fee £470, funds transfer fee £25, and a redemption administration fee £50.
The overall cost for comparison is 8.6% APRC representative.
If you are coming to the end of your deal, we will contact you via post, including a Mortgage Choice application form.
You can choose to have your mortgage broker apply on your behalf – or apply yourself by returning the application form provided or through our Mortgage Choices Online portal.
Table explained
Mortgage type
Tracker rate: a rate based on Bank of England Base Rate (BBR) plus the agreed set percentage as stated in your mortgage offer.
The interest rate will change when BBR changes. Please note that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
Term
The duration of any initial rate.
Initial rate
The rate charged for the term of the mortgage deal.
Revert rate
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor.
This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
APRC
APRC stands for Annual Percentage Rate of Charge. It is used as a means of comparison for financial services products and takes into account the total amount of interest and any fees applied to your mortgage.
Product fee
This is the fee charged for arranging your mortgage.
Early repayment charge
This is the charge you pay to Kent Reliance if you repay all or part of your mortgage earlier than the end of the agreed term or deal period or make an additional payment of more than £499 in any month. This may also be payable if you move house and are not able to take the mortgage to the new property, or if you remortgage during the initial rate period of your mortgage. An early repayment charge is typically expressed as a percentage of the loan amount so if a mortgage has an early repayment charge of 1% of the mortgage balance, on a £100,000 mortgage that would equate to an early repayment charge of £1,000.
Notes about our mortgage products
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor. This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
A list of our fees and charges accompanies all Mortgage Illustrations.
The minimum mortgage term is 2 years and the maximum 35.
These mortgage products are portable. Even if you move home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of your existing mortgage) of that special deal can be transferred to your new mortgage with us, subject to our lending criteria at the time of any move. In this case, any early repayment charges will not be charged but the existing rate will not apply to any additional funds that you borrow.
For interest-only or part repayment/part interest-only, it is your responsibility to ensure you have sufficient funds available at the end of the term with which to repay the loan.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over and security will be required on the property. Written quotations available on request.
Important
Kent Reliance is not authorised by the Financial Conduct Authority to provide advice on what mortgage product is most suitable for you. Any assistance we provide is strictly limited to basic information and administration of your request.
Kent Reliance is providing you with this information on an execution-only basis, that is, no advice has been provided. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you require advice, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The products and/or services featured above are not regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Step 1
You will have received your initial choices letter and the available products are listed below.
Step 2
Please complete the Mortgage Preference form that was included with the initial selections letter. Each applicant must sign this letter and return the completed form by post or email the documents to mail@krbs.com.
Step 3
Upon receipt of the signed Preference Form, we will review your request and issue a Mortgage Offer within 7 - 10 working days.
For any queries, please contact our dedicated Mortgage Choices team on 0345 671 7274.
The following table shows the full range of products available for customers who currently hold a Kent Reliance Buy to Let ex-pat mortgage.
Mortgage type |
Term | Initial rate |
Revert rate |
APRC | Product fee |
Min loan size |
Max loan size |
Early repayment charge |
Product code |
---|---|---|---|---|---|---|---|---|---|
Tracker | 2 | 7.79% | BBR + 3.25% | 8.0% | 0% | £1,000 | Unlimited | 1% in years one and two | 02553 KCHE2311 |
Tracker | 2 | 7.29% | BBR + 3.25% | 8.5% | 1% | £1,000 | Unlimited | 1% in years one and two | 02554 KCHE2311 |
Tracker | 2 | 6.29% | BBR + 3.25% | 8.5% | 3% | £1,000 | Unlimited | 0.5% in year one, 1% in year two | 02555 KCHE2311 |
Fixed | 1 | 7.59% | BBR + 3.25% | 8.9% | 0% | £1,000 | Unlimited | 3% in year one | 02556 KCHE2311 |
Fixed | 1 | 6.59% | BBR + 3.25% | 8.8% | 1% | £1,000 | Unlimited | 2% in year one | 02557 KCHE2311 |
Fixed | 1 | 4.59% | BBR + 3.25% | 8.8% | 3% | £1,000 | Unlimited | 0.5% in year one | 02558 KCHE2311 |
Fixed | 2 | 7.69% | BBR + 3.25% | 9.8% | 0% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02478 KCHE2307 |
Fixed | 2 | 7.19% | BBR + 3.25% | 8.6% | 1% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02479 KCHE2307 |
Fixed | 2 | 6.19% | BBR + 3.25% | 8.7% | 3% | £1,000 | Unlimited | 4% in year one, 3% in year two | 02480 KCHE2307 |
Fixed | 3 | 7.39% | BBR + 3.25% | 13.0% | 0% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02481 KCHE2307 |
Fixed | 3 | 7.09% | BBR + 3.25% | 8.6% | 1% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02482 KCHE2307 |
Fixed | 3 | 6.39% | BBR + 3.25% | 8.6% | 3% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 02483 KCHE2307 |
Fixed | 5 | 6.89% | BBR + 3.25% | 8.0% | 0% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02484 KCHE2307 |
Fixed | 5 | 6.69% | BBR + 3.25% | 16.0% | 1% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02485 KCHE2307 |
Fixed | 5 | 6.29% | BBR + 3.25% | 15.2% | 3% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 02486 KCHE2307 |
2 years fixed
Intial rate | 5.99% |
---|---|
Revert rate | 9.58% |
APRC | 8.30% |
Product fee | 1.00% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 4% in year one, 3% in year two |
Product code | 02239 KCHE2211 |
3 years fixed
Intial rate | 5.99% |
---|---|
Revert rate | 9.58% |
APRC | 8.09% |
Product fee | 1.00% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 4% in year one, 3% in years two and three |
Product code | 02240 KCHE2211 |
5 years fixed
Intial rate | 5.99% |
---|---|
Revert rate | 9.58% |
APRC | 7.72% |
Product fee | 1.00% |
Min loan size | £1,000 |
Max loan size | Unlimited |
Early repayment charge | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five |
Product code | 02241 KCHE2211 |
Bank of England Base Rate (BBR): 5.25%
All our products are subject to availability and may be withdrawn at any time. * Early repayment charges may be incurred for full redemption or repayment of capital.
An Interest Only mortgage of £296,234.33 payable over 30 years initially on a fixed rate for 2 years at 5.74% and then on a tracker rate for the remaining 28 years at 3.25% above 5.25% (Bank of England Base Rate) giving a current rate payable of 8.50% (variable) would require 24 monthly payments of £1,445.45 and 336 monthly payments of £2,140.47.
The total amount payable would be £1,056,592.74 made up of the loan amount plus interest (£1,050,123.05) and a product fee £5,924.69, valuation fee £470, funds transfer fee £25, and a redemption administration fee £50.
The overall cost for comparison is 8.6% APRC representative.
If you are coming to the end of your deal, we will contact you via post, including a Mortgage Choice application form.
You can choose to have your mortgage broker apply on your behalf – or apply yourself by returning the application form provided or through our Mortgage Choices Online portal.
Once we have received your choice, we will send you a Choices offer document containing an illustration of the key features of your chosen product, along with a Declaration form. You will need to sign both of these and return them to us before your current mortgage deal ends.
If we do not hear from you or receive your completed Declaration and Offer Acceptance forms before your current deal ends, your mortgage will revert to the interest rate which was confirmed in your original mortgage offer.
Table explained
Mortgage type
Tracker rate: a rate based on Bank of England Base Rate (BBR) plus the agreed set percentage as stated in your mortgage offer.
The interest rate will change when BBR changes. Please note that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
Term
The duration of any initial rate.
Initial rate
The rate charged for the term of the mortgage deal.
Revert rate
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor.
This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
APRC
APRC stands for Annual Percentage Rate of Charge. It is used as a means of comparison for financial services products and takes into account the total amount of interest and any fees applied to your mortgage.
Product fee
This is the fee charged for arranging your mortgage.
Early repayment charge
This is the charge you pay to Kent Reliance if you repay all or part of your mortgage earlier than the end of the agreed term or deal period or make an additional payment of more than £499 in any month. This may also be payable if you move house and are not able to take the mortgage to the new property, or if you remortgage during the initial rate period of your mortgage. An early repayment charge is typically expressed as a percentage of the loan amount so if a mortgage has an early repayment charge of 1% of the mortgage balance, on a £100,000 mortgage that would equate to an early repayment charge of £1,000.
Notes about our mortgage products
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor. This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
A list of our fees and charges accompanies all Mortgage Illustrations.
The minimum mortgage term is 2 years and the maximum 35.
These mortgage products are portable. Even if you move home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of your existing mortgage) of that special deal can be transferred to your new mortgage with us, subject to our lending criteria at the time of any move. In this case, any early repayment charges will not be charged but the existing rate will not apply to any additional funds that you borrow.
For interest-only or part repayment/part interest-only, it is your responsibility to ensure you have sufficient funds available at the end of the term with which to repay the loan.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over and security will be required on the property. Written quotations available on request.
Important
Kent Reliance is not authorised by the Financial Conduct Authority to provide advice on what mortgage product is most suitable for you. Any assistance we provide is strictly limited to basic information and administration of your request.
Kent Reliance is providing you with this information on an execution-only basis, that is, no advice has been provided. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you require advice, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The products and/or services featured above are not regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
If you’re a current Kent Reliance mortgage customer and would like to borrow more, then we can help.
Provided your existing account has been well-conducted and you don’t plan on borrowing more than the maximum loan to value (LTV) you may be eligible for additional borrowing, subject to an underwriting assessment.
Much like new mortgage applications, we can only accept additional borrowing applications through appropriately qualified mortgage advisers. If you require advice, or wish to submit an application, we recommend you speak to your mortgage adviser. If you do not have a mortgage adviser, you’ll find a list of mortgage advisers in your local area at unbiased.co.uk.
Any assistance we provide is strictly limited to basic information and administration of your request.
Think carefully before you secure other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
As new products become available, or as your circumstances change, your current mortgage may not suit you as well as it used to. Subject to the particular terms of your mortgage, we may be able to offer you a new deal from our mortgage Choices range, which is available exclusively to existing customers.
To see our list of available mortgage rates, please select "I am coming to the end of my deal" and the appropriate mortgage type.
If your current Kent Reliance mortgage deal is coming to an end, we will contact you to remind you that it is time to look for a new deal.
Otherwise, please contact our dedicated Mortgage Choices team on 0345 671 7274 to find out your options. Please note that we can only provide assistance with using the Portal and cannot offer advice. If you require advice please contact your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
Select the product you require and we will send you a mortgage illustration showing the key features of the deal. Included with the illustration will be a declaration form that all parties to the mortgage will need to sign. Return that to us before the date your current deal expires (if appropriate) and we will transfer you to your new mortgage.
All our products are subject to availability and may be withdrawn at any time.
* Early repayment charges may be incurred for full redemption or repayment of capital.
If you are coming to the end of your deal, we will contact you via post, including a Mortgage Choices application form.
You can choose to have your mortgage broker apply on your behalf – or apply yourself by returning the application form provided, or through our Mortgage Choices
Online portal.
Once we have received your choice, we will send you a Choices offer document containing an illustration of the key features of your chosen product, along with a Declaration form. You will need to sign both of these and return them to us before your current mortgage deal ends.
If we do not hear from you or receive your completed Declaration and Offer Acceptance forms before your current deal ends, your mortgage will revert to the interest rate which was confirmed in your original mortgage offer.
Table explained
Mortgage type
Discounted variable rate: a rate based on our standard variable rate, discounted by a fixed amount. The interest rate may change if our SVR changes.
Fixed rate: the interest rate is fixed for a given period.
Term
The duration of any initial rate.
Initial rate
The rate charged for the term of the mortgage deal.
Revert rate
This is the rate that the mortgage will revert to at the end of the initial term, typically the standard variable rate (SVR). The SVR is variable which means it can change in line with market conditions. It is also the rate your initial interest rate will revert to once it ends. Your monthly repayments can therefore vary according to the rate of interest charged.
APRC
APRC stands for Annual Percentage Rate of Charge. It is used as a means of comparison for financial services products and takes into account the total amount of interest and any fees applied to your mortgage. The APRC quoted is based on the following calculation:
A loan of £250,000 based on a repayment basis over a 25 year term. This amount does not include any product fee.
A purchase or remortgage of a property valued at £295,000 at 85% LTV or £278,000 at 90% LTV. The Standard variable rate is charged from the end of any initial specified deal.
The quoted APR takes no account of any change in the interest rate during the mortgage term.
Product fee
This is the fee charged for arranging your mortgage.
Early repayment charge
This is the charge you pay to Kent Reliance if you repay all or part of your mortgage earlier than the end of the agreed term or deal period or make an additional payment of more than £499 in any month. This may also be payable if you move house and are not able to take the mortgage to the new property, or if you remortgage during the initial rate period of your mortgage. An early repayment charge is typically expressed as a percentage of the loan amount so if a mortgage has an early repayment charge of 1% of the mortgage balance, on a £100,000 mortgage that would equate to an early repayment charge of £1,000.
Notes about our mortgage products
The Standard variable rate can vary in line with the general level of interest rates and economic conditions.
A list of our fees and charges accompanies all Mortgage Illustrations.
The minimum mortgage term is 2 years and the maximum 35.
These mortgage products are portable. Even if you move home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of your existing mortgage) of that special deal can be transferred to your new mortgage with us, subject to our lending criteria at the time of any move. In this case, any early repayment charges will not be charged but the existing rate will not apply to any additional funds that you borrow.
For interest-only or part repayment/part interest-only, it is your responsibility to ensure you have sufficient funds available at the end of the term with which to repay the loan.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over and security will be required on the property. Written quotations available on request.
Important
Kent Reliance is not authorised by the Financial Conduct Authority to provide advice on what mortgage product is most suitable for you. Any assistance we provide is strictly limited to basic information and administration of your request.
Kent Reliance is providing you with this information on an execution-only basis, that is, no advice has been provided. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you require advice, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Kent Reliance is providing you with this information on an execution-only basis; this means we cannot provide advice. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
* For customer service and training purposes, calls with Kent Reliance may be monitored and/or recorded.
Our residential mortgages are usually portable, meaning that – unless stated otherwise – you can move your current deal to your new home. This means that the majority of our residential mortgage customers continue to benefit from our mortgage deals.
Please refer to your mortgage offer for details of the portability of your current mortgage. You must apply through an appropriately qualified mortgage adviser. If you do not have a mortgage adviser, you’ll find a list of mortgage advisers in your local area at unbiased.co.uk.
We will try and help you. The following explains our process and how we will treat you fairly. It details what steps you should take to help yourself if you are having difficulties or may be about to have difficulties in paying your mortgage.
You may want to talk to a professional adviser, such as a debt counsellor or a lawyer, before you change your mortgage arrangements. We would strongly advise you seek independent, free, debt advice.
Download this information as a printable PDF.
If we can agree one of these options with you we will explain how it would work and give you time to consider it. If we cannot offer any of these options we will tell you why not and we may agree to you remaining in the property to sell the property yourself, depending on your circumstances.
If you are in arrears, we may charge you for reasonable administrative and legal costs. We will tell you about what costs there will be and the amount you will have to pay.
If you do not think we have treated you fairly, you can complain to us and if your complaint is not dealt with to your satisfaction you may then take it to the Financial Ombudsman.
The Financial Ombudsman Service provides a free and independent service for consumers and can be contacted at:
The Financial Ombudsman Service
Exchange Tower
London E14 9SR
T: 0800 0234567
Some companies may offer you new loans or even invite you to sell your property to them and then lease it back as a way of resolving your short term financial difficulty. Please be careful, as such actions may not be in your long term best interests. We suggest that you seek independent advice before entering into any such arrangement.
You may be thinking about handing the keys to the property to us. If you do this, you will still owe us any outstanding debt, so we would advise you to discuss this option with us before taking such action.
If you have a shared ownership property, the Housing Association may be able to offer you assistance to enable you to remain in your home. We suggest that you contact them to see if they have any scheme available which would be able to help you.
If you took all or any part of your mortgage on an interest-only basis, the monthly payments you make only cover the interest charged. Your mortgage offer and your Annual Statement will tell you if you have an interest-only or part and part loan.
By only paying the interest element of the loan this means that at the end of your mortgage the capital amount borrowed will still be outstanding, and you will be required to repay this balance in full.
To provide the funds to repay the mortgage balance you should have a repayment strategy in place. This could be a product such as an endowment, pension or savings plan.
You will receive letters from us during the term of your mortgage that highlight the importance of regularly reviewing your repayment strategy to ensure it remains viable to produce the amount you need to pay off your mortgage balance at the end of the term.
If you have any concerns over repaying your interest-only mortgage you can contact us in writing at OneSavings Bank, Sunderland, SR43 4AB or call our dedicated interest-only mortgage customer helpline 0345 122 0777* (lines are open Monday-Friday 9.00 to 5.00).
*For customer service and training purposes, calls with Kent Reliance may be monitored and/or recorded.
If you want to let your home, under the terms of your mortgage you will need our consent. We will normally be pleased to give this, but will increase the rate of interest charged on your mortgage while your property is let out, because of the increased risk of it not being your main residence.
To discuss your request call us on 01634 835791*
Kent Reliance is providing you with this information on an execution only basis; this means we cannot provide advice. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
*For customer service and training purposes, calls to Kent Reliance may be monitored and/or recorded.
If your financial circumstances improve, you may wish to pay your mortgage off more quickly, either by paying a little more each month or by paying a lump sum.
It may be possible to make lump sum payments or overpayments to your mortgage, depending on the mortgage product you have chosen. However, some products do carry an early repayment charge, so you should check the terms of your Mortgage Offer carefully before making any lump sum payments.
If you are thinking of making an additional payment to your mortgage, contact us first to find out how an overpayment or lump sum payment would affect your account. You can speak to our Mortgage Servicing Team on 0345 122 0033* for information. Lines are open: Monday-Friday 8.30am-5pm, Saturday 9am-1pm, closed on Sundays and bank holidays.
If you need to add or remove one or more people from/to your mortgage, you will need to apply for a Transfer of Equity. Our standard affordability criteria will apply. There will be an application fee, as listed on our mortgage fees and charges.
Kent Reliance is not authorised to provide advice on this. Any assistance we provide is strictly limited to basic information and administration of your request. If you require advice, or wish to submit an application, we suggest you speak to your mortgage adviser. If you do not have a mortgage adviser, you’ll find a list of mortgage advisers in your local area at unbiased.co.uk.
Kent Reliance is providing you with this information on an execution-only basis. We are not required to assess the suitability of this regulated mortgage contract, changes or transactions, and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you wish to change your correspondence address, you can write to us at OneSavings Bank, Sunderland, SR43 4AB. Alternatively we can accept a verbal request over the phone.
When contacting us to discuss your change of address request we’ll require you to provide the following information:
This needs to be completed by the relevant signatories, as detailed below.
For limited company accounts:
If the main correspondence address of the company is changing, all signatories will be required to sign the written request. Requests via phone will need to be completed by all signatories.
If one of the directors is changing their residential address (and the main correspondence address is staying the same), only that director needs to contact us to confirm the request.
For buy to let properties:
If joint customers are both moving, we need the signatures of all parties if you’re confirming your changes via letter. If you’re calling us, we’ll need both customers to contact us to authorise the change.
If the correspondence address is different for each party to the mortgage, we only need a signature or phone call from the customer who wishes to change their correspondence address.
If you are a Mortgage Intermediary looking for information on Kent Reliance mortgages, then please see our intermediary website here. The information contained within is for intermediaries only and consumers should not use this as a basis for financial decisions – please speak to your financial adviser.
Our intermediaries website holds all of the relevant information on the mortgages we offer, including:
You may also be looking to use our Buy to Let Calculator or Residential Affordability Calculator as part of your research. Alternatively, you can also review our lending criteria here.
If you are an individual with a Kent Reliance mortgage that is near completion, please see our ‘coming to the end of your deal’ page for information on your options.
We understand the worry and concern you may face if you’re having difficulties in meeting your mortgage repayments, which is why our support team are here to help. If you're experiencing financial difficulty there are ways we can support you.
Find out more