A new buy to let lender has been launched.
It’s called Rely and launch publicity claims it is “dedicated to supporting brokers and their landlord clients, from first-time landlords right through to large-scale professional investors as they develop and grow their businesses.”
It says it’s been designed as easy to use by brokers who have landlord clients.
It claims that after a four minute process brokers can view the new products. which are described as offering reduced paperwork, no separate legal panel for limited companies, and products geared towards property investors.
The launch follows a pilot involving over 50 brokers firms and feedback from more than 500 brokers.
Rely is part of OSB Group, which says it’s retiring its Kent Reliance for Intermediaries (KRFI) brand for new business.
An OSB spokesperson says: “Using data-driven lending decisions, it enhances our ability to streamline every broker touchpoint from underwriting, valuation, risk assessments and even document handling.
“In our opinion, Rely is an absolute game changer that utilises technology to do the ordinary, whilst freeing our people to do the extraordinary.”
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This article is taken from Landlord Today