Kent Reliance for Intermediaries (KRFI), part of OSB Group, has brought out a limited-edition shared ownership range with “enhanced flexibility and lower rates”.
The shared ownership range is in response to “increased demand” as affordability remains constrained, especially for first-time buyers.
Pricing starts from 6.09% and terms can be secured on a two- or five-year fixed rate basis.
The minimum loan is £80,000 and the maximum loan is £1m.
The deals go up to 75% loan to value (LTV) across 90%, 95% and 100% market share value (MSV).
The lender offers “flexibility” on credit profiles, so there are options available for customers with an impaired credit history.
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Adrian Moloney (pictured), group 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 [the] 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 business development manager (BDM) team, in-house 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.”
