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Reliance Bank launch their improved Key Worker Mortgage product offering to the Intermediary and Direct mortgage market.

24 May 2021

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The new product range has been designed to reflect the recent changes in the mortgage market. Reliance Bank are delighted to continue to show support for Key Workers, through our dedicated Key Worker Mortgage product range. 

Gareth Byrne - Head of Mortgages for Reliance Bank said “I am really proud that the Bank is continuing it’s commitment to helping Key Workers buy their own home.” 

The main changes:

  • Adding 4 NEW Key Worker 95% LTV products (2 and 5 year fixed rates) Both the 2 and 5 year products have product fee and no product fee options. Maximum loan size is £350,000
  • Key Workers can now look to utilise our Key Worker Mortgage product range, even if they are first time buyers***
  • We have also made a number of rate reductions across our House Purchase / Remortgage / Shared Ownership & Key Worker Mortgage product ranges

*** Key Worker Mortgage product range cannot be used in conjunction with any other schemes, such as Shared Ownership or Right To Buy (RTB)

Please see our rate sheets for Key Worker Mortgages on the Mortgage Support pages on the Reliance Bank website.

Helping good people do great things with money
Reliance Bank has been at the forefront of socially responsible banking since 1890, when we were formed by William Booth the founder of The Salvation Army. 

Why choose Reliance Bank for mortgages?

We offer a wide range of competitive mortgages
Fair and flexible lending options for first time buyers, re-mortgagers and home movers.

We’re helping more people onto the property ladder
Our mortgage range includes those designed to have a positive social impact, such as our new Key Worker Mortgage Product range and Shared Ownership Mortgages.

You’ll get direct access to our mortgage team
As a broker, you’ll have access to the RBL Mortgage team who can provide answers to your questions and make decisions quickly. Our level of service is execution only.

The power to change lives for the better
The Salvation Army International is Reliance Bank’s shareholder. The Salvation Army help people whose lives have been affected by emergencies, disasters, poverty and social inequality.

To find out more visit: www.reliancebankltd.com/personal-banking/mortgages
To register with us call our RBL Mortgage team on 0207 398 5421 or 020 7398 5423 or email mortgages@reliancebankltd.com
 

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The Salvation Army

We are proud to be the bank of The Salvation Army International. Find out more about our shared history.