Kent Reliance offer new alternative to self cert mortgage rates.

Kent Reliance have announced the launch of a new product which could help those of you looking for self cert mortgage rates. The new product is a flexible mortgage aimed at self employed borrowers.

The lender advises that they are giving practical help to entrepreneurs who have struggled to qualify for competitive products since self cert mortgage rates were withdrawn.

The new mortgage deal for the self employed is a 2 year discount product which is available with no early repayment charge.

Interested self employed borrowers will be required to provide only 12 months worth of business accounts rather than the usual 36 months worth. Kent Reliance underwrite mortgages on an individual basis and so can be more flexible with their offerings.

Andy Golding, CEO of One Savings Bank commented saying that the lender is prepared to help entrepreneurs by taking a responsible look at their business potential. He added that Kent Reliance recognises the enormous contribution made by UK entrepreneurs in getting the UK economy moving and are therefore happy to make it easier for them to purchase property.

Kent Reliance say that as a responsible lender they take a holistic approach in reviewing applications. With the new self employed deals they will look at accountant forecasts and will review 6 months worth of both business and personal banking to ensure that each case has a realistic mortgage repayment plan.

Deal Direct have access to the best mortgage rates that the Kent reliance have to offer and can help those of you who are looking for a self cert mortgage rates alternative.

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