Kent Reliance self employed mortgage pronounced a success.
The one year account self employed mortgage available through Kent Reliance is being hailed as a success.
Kent Reliance advise that self employed mortgage enquiries from brokers acting on behalf of business owners has doubled since its product was launched.
The self employed deal offers self employed home-owners a 2 year discounted mortgage rate which comes with no early repayment charge. Increased interest is being attributed to the lender's expertise in interpreting accounts and verifying income.
A spokesperson commented saying that UK business owners are currently having to work in difficult trading conditions. By lenders demanding three years worth of accounts many perfectly sound mortgage applications are being rejected.
The Kent Reliance advise that it has maintained the ability to review each self employed mortgage application on its own merits. Each self employed case received is different and it is the lender's intention to allow all sound cases to proceed.
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