Step 1
Complete a Product Transfer application
- The Mortgage Choices Online web portal is designed to help Kent Reliance customers choose a new mortgage deal and track progress from application through to completion. Log in to our online portal.
- Login using your mortgage account number and details.
- Select “product transfers” from the options available then follow the instructions on screen to complete the product transfer request.
OR
- View our product selection below to see what’s available
- Download and complete the Mortgage Choices Preference form and ensure its signed by all borrower(s)
- Return the Mortgage Choices Preference form either by:
Scan and emai it to mail@krbs.com (Please retain the original for your records) or Post to OneSavings Bank, Sunderland, SR43 4AB
- We have introduced the ability to provide our Mortgage Choices Offer and Acceptance of Offer Form digitally via DocuSign
- To opt to use this service; you will need to provide unique email address(es) and mobile phone number(s) for each borrower within the Mortgage Choices Preference form.
- If unique email address(es) and mobile number(s) are not provided, then the documents will be sent in the post to the borrower(s).
- The email address(es) and mobile number(s) collected will only be used for the purposes of sending Mortgage Choices Offers via DocuSign. If you wish for your contact details to be updated, please contact us separately.
- Where an application is placed via the online portal, you will be unable to receive your copy of the Mortgage Choices Offer via DocuSign
Step 2
Issue Mortgage Choices Offer
Once we have checked and verified the information, we will issue the Mortgage Choices Offer including an Acceptance of Offer Form.
We will aim to do this within 7-10 working days of receiving your Mortgage Choices Preference form.
Step 3
Return an Acceptance of Offer form
To accept the Mortgage Choices Offer all borrower(s) will need to review, sign and date the Acceptance of Offer Form.
Where you have chosen to use DocuSign:
- You will receive your electronic copies of the Mortgage Choices Offer and Acceptance of Offer Form via email from DocuSign.
- To access this document, you need to confirm your identity using your mobile, DocuSign will issue a verification code via SMS which will allow the documents to be opened.
- Please review the Mortgage Choices Offer carefully to ensure it is accurate.
- Once you are happy with the Mortgage Choices Offer, you will need to digitally sign and return the Acceptance of Offer within DocuSign.
- Occasionally, DocuSign email notifications may be blocked by either your email server, firewall, email provider, or email client (such as MS Outlook). Kindly check the spam or junk folder within your mailbox to retrieve the DocuSign envelope or contact us for any further support.
Where you have chosen not to use DocuSign:
- We will send your copies of the Mortgage Choices Offer and the Offer Acceptance Form to you by:
- Where submitted by portal – your Mortgage Choices Offer will be available via the online portal.
- Where submitted by email – your Mortgage Choices Offer will be sent to you via post.
- Please review the Mortgage Choices Offer carefully to ensure it is accurate.
- Once you are happy with the Mortgage Choices Offer, you will need to sign, date, and return the Acceptance of Offer form.
- Return to us either by:
Scan and email to mail@krbs.com or Post to OneSavings Bank, Sunderland, SR43 4AB
Step 4
Product Transfer Completion
Once the product transfer has been completed, we will send confirmation to you within 7-10 working days of completion.
Kent Reliance ex-pat buy to let mortgage rates and how to apply for your new mortgage deal
Our mortgage offerings
| Mortgage type |
Term | Initial rate |
Revert rate |
APRC | Product fee |
Min loan size |
Max loan size |
Early repayment charge |
Product code |
|---|---|---|---|---|---|---|---|---|---|
| Tracker | 2 | 7.84% | BBR + 3.25% | 8.53% | 0% | £1,000 | Unlimited | 1% in years one and two | 02686 KCHE2402 |
| Tracker | 2 | 7.34% | BBR + 3.25% | 8.51% | 1% | £1,000 | Unlimited | 1% in years one and two | 02687 KCHE2402 |
| Tracker | 2 | 6.34% | BBR + 3.25% | 8.52% | 3% | £1,000 | Unlimited | 0.5% in year one, 1% in year two | 02688 KCHE2402 |
| Fixed | 1 | 7.79% | BBR + 3.25% | 8.77% | 0% | £1,000 | Unlimited | 3% in year one | 03068 KCHE2409 |
| Fixed | 1 | 6.79% | BBR + 3.25% | 8.57% | 1% | £1,000 | Unlimited | 2% in year one | 03069 KCHE2409 |
| Fixed | 1 | 4.79% | BBR + 3.25% | 8.57% | 3% | £1,000 | Unlimited | 0.5% in year one | 03070 KCHE2409 |
| Fixed | 2 | 6.99% | BBR + 3.25% | 8.26% | 0% | £1,000 | Unlimited | 4% in year one, 3% in year two | 03071 KCHE2409 |
| Fixed | 2 | 6.49% | BBR + 3.25% | 8.23% | 1% | £1,000 | Unlimited | 4% in year one, 3% in year two | 03072 KCHE2409 |
| Fixed | 2 | 5.99% | BBR + 3.25% | 8.32% | 2% | £1,000 | Unlimited | 4% in year one, 3% in year two | 03073 KCHE2409 |
| Fixed | 2 | 5.49% | BBR + 3.25% | 8.39% | 3% | £1,000 | Unlimited | 4% in year one, 3% in year two | 03074 KCHE2409 |
| Fixed | 3 | 6.79% | BBR + 3.25% | 7.09% | 0% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 03075 KCHE2409 |
| Fixed | 3 | 6.49% | BBR + 3.25% | 8.20% | 1% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 03076 KCHE2409 |
| Fixed | 3 | 5.79% | BBR + 3.25% | 8.20% | 3% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 03077 KCHE2409 |
| Fixed | 5 | 6.29% | BBR + 3.25% | 7.81% | 0% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 03078 KCHE2409 |
| Fixed | 5 | 6.09% | BBR + 3.25% | 7.83% | 1% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 03079 KCHE2409 |
| Fixed | 5 | 5.69% | BBR + 3.25% | 7.85% | 3% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 03080 KCHE2409 |
Bank of England Base Rate (BBR): 5.00%
All our products are subject to availability and may be withdrawn at any time. * Early repayment charges may be incurred for full redemption or repayment of capital.
Buy to let ex-pat representative example
An Interest Only mortgage of £500,000.00 payable over 35 years initially on a fixed rate for 5 years at 5.89% and then on a tracker rate for the remaining 30 years at 3.25% above 5.00% (Bank of England Base Rate) giving a current rate payable of 8.25% (variable) would require 60 monthly payments of £2,540.19 and 360 monthly payments of £3,557.98.
The total amount payable would be £1,951,629.20 made up of the loan amount plus interest (£1,933,284.20) and a product fee £17,500.00, valuation fee £795, funds transfer fee £25, and a redemption administration fee £25.
The overall cost for comparison is 8.0% APRC representative.
If you are coming to the end of your deal, we will contact you via post, including a Mortgage Choice application form.
You can choose to have your mortgage broker apply on your behalf – or apply yourself by returning the application form provided or through our Mortgage Choices Online portal.
Table explained
Mortgage type
Tracker rate: a rate based on Bank of England Base Rate (BBR) plus the agreed set percentage as stated in your mortgage offer.
The interest rate will change when BBR changes. Please note that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
Term
The duration of any initial rate.
Initial rate
The rate charged for the term of the mortgage deal.
Revert rate
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor.
This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
APRC
APRC stands for Annual Percentage Rate of Charge. It is used as a means of comparison for financial services products and takes into account the total amount of interest and any fees applied to your mortgage.
Product fee
This is the fee charged for arranging your mortgage.
Early repayment charge
This is the charge you pay to Kent Reliance if you repay all or part of your mortgage earlier than the end of the agreed term or deal period or make an additional payment of more than £499 in any month. This may also be payable if you move house and are not able to take the mortgage to the new property, or if you remortgage during the initial rate period of your mortgage. An early repayment charge is typically expressed as a percentage of the loan amount so if a mortgage has an early repayment charge of 1% of the mortgage balance, on a £100,000 mortgage that would equate to an early repayment charge of £1,000.
Notes about our mortgage products
The Standard variable rate can vary in line with the general level of interest rates and economic conditions.
A list of our fees and charges accompanies all Mortgage offers.
The minimum mortgage term is more than 2 years and the maximum 35.
These mortgage products are portable. Even if you move home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of your existing mortgage) of that special deal can be transferred to your new mortgage with us, subject to our lending criteria at the time of any move. In this case, any early repayment charges will not be charged but the existing rate will not apply to any additional funds that you borrow.
For interest-only or part repayment/part interest-only, it is your responsibility to ensure you have sufficient funds available at the end of the term with which to repay the loan.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over and security will be required on the property. Written quotations available on request.
Important
If you are applying for a product transfer to coincide with the expiry of an existing product, then you will need to ensure the Acceptance of Offer Form is returned to us at least 5 working days before the end of the month when the existing product expires. This will allow us time to process the product transfer before the expiry date.
If we do not receive the completed Acceptance of Offer Form within the above timescale, the customer’s mortgage will revert to the interest rate which was confirmed in their original Mortgage Offer.
If you are applying for a product transfer which does not coincide with the expiry of an existing product (i.e. because the existing product has already expired or the existing product is not due to expire within the next 3 months) then you need to ensure that the Acceptance of Offer Form is returned to us at least 5 working days before the end of the month to be effective from the 1st day of the following month.
If you apply for a product transfer more than 3 months before the expiry of an existing product then early repayment charges may be payable.
Kent Reliance is not authorised by the Financial Conduct Authority to provide advice on what mortgage product is most suitable for you. Any assistance we provide is strictly limited to basic information and administration of your request.
Kent Reliance is providing you with this information on an execution-only basis, that is, no advice has been provided. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you require advice, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Step 1
Complete a Product Transfer application
- View our product selection below to see what’s available
- Download and complete the Mortgage Choices Preference form and ensure its signed by all borrower(s)
- Return the Mortgage Choices Preference form either by:
Scanning and emailing it to mail@krbs.com (Please retain the original for your records) or Returned to us by post to OneSavings Bank, Sunderland, SR43 4AB
- We have introduced the ability to provide our Mortgage Choices Offer and Acceptance of Offer Form digitally via DocuSign
- To opt to use this service; you will need to provide unique email address(es) and mobile phone number(s) for each borrower within the Mortgage Choices Preference form.
- If unique email address(es) and mobile number(s) are not provided, then the documents will be sent in the post to the borrower(s).
- The email address(es) and mobile number(s) collected will only be used for the purposes of sending Mortgage Choices Offers via DocuSign. If you wish for your contact details to be updated, please contact us separately.
Step 2
Issue Mortgage Choices Offer
Once we have checked and verified the information, we will issue the Mortgage Choices Offer including an Acceptance of Offer Form.
We will aim to do this within 7-10 working days of receiving your Mortgage Choices Preference form.
Step 3
Return an Acceptance of Offer form
To accept the Mortgage Choices Offer all borrower(s) will need to review, sign and date the Acceptance of Offer Form.
Where you have chosen to use DocuSign:
- You will receive your electronic copies of the Mortgage Choices Offer and Acceptance of Offer Form via email from DocuSign.
- To access this document, you need to confirm your identity using your mobile, DocuSign will issue a verification code via SMS which will allow the documents to be opened.
- Please review the Mortgage Choices Offer carefully to ensure it is accurate.
- Once you are happy with the Mortgage Choices Offer, you will need to digitally sign and return the Acceptance of Offer within DocuSign.
- Occasionally, DocuSign email notifications may be blocked by either your email server, firewall, email provider, or email client (such as MS Outlook). Kindly check the spam or junk folder within your mailbox to retrieve the DocuSign envelope or contact us for any further support.
Where you have chosen not to use DocuSign:
- We will send copies of the Mortgage Choices Offer and the Offer Acceptance Form to you by post.
- Please review the Mortgage Choices Offer carefully to ensure it is accurate.
- Once you are happy with the Mortgage Choices Offer, you will need to sign, date, and return the Acceptance of Offer form.
- Return to us either by:
Scan and email to mail@krbs.com or Post to OneSavings Bank, Sunderland, SR43 4AB
Step 4
Product Transfer Completion
Once the product transfer has been completed, we will send confirmation to you within 7-10 working days of completion.
Kent Reliance ex-pat buy to let mortgage rates and how to apply for your new mortgage deal
Our mortgage offerings
| Mortgage type |
Term | Initial rate |
Revert rate |
APRC | Product fee |
Min loan size |
Max loan size |
Early repayment charge |
Product code |
|---|---|---|---|---|---|---|---|---|---|
| Tracker | 2 | 7.84% | BBR + 3.25% | 8.53% | 0% | £1,000 | Unlimited | 1% in years one and two | 02686 KCHE2402 |
| Tracker | 2 | 7.34% | BBR + 3.25% | 8.51% | 1% | £1,000 | Unlimited | 1% in years one and two | 02687 KCHE2402 |
| Tracker | 2 | 6.34% | BBR + 3.25% | 8.52% | 3% | £1,000 | Unlimited | 0.5% in year one, 1% in year two | 02688 KCHE2402 |
| Fixed | 1 | 7.79% | BBR + 3.25% | 8.77% | 0% | £1,000 | Unlimited | 3% in year one | 03068 KCHE2409 |
| Fixed | 1 | 6.79% | BBR + 3.25% | 8.57% | 1% | £1,000 | Unlimited | 2% in year one | 03069 KCHE2409 |
| Fixed | 1 | 4.79% | BBR + 3.25% | 8.57% | 3% | £1,000 | Unlimited | 0.5% in year one | 03070 KCHE2409 |
| Fixed | 2 | 6.99% | BBR + 3.25% | 8.26% | 0% | £1,000 | Unlimited | 4% in year one, 3% in year two | 03071 KCHE2409 |
| Fixed | 2 | 6.49% | BBR + 3.25% | 8.23% | 1% | £1,000 | Unlimited | 4% in year one, 3% in year two | 03072 KCHE2409 |
| Fixed | 2 | 5.99% | BBR + 3.25% | 8.32% | 2% | £1,000 | Unlimited | 4% in year one, 3% in year two | 03073 KCHE2409 |
| Fixed | 2 | 5.49% | BBR + 3.25% | 8.39% | 3% | £1,000 | Unlimited | 4% in year one, 3% in year two | 03074 KCHE2409 |
| Fixed | 3 | 6.79% | BBR + 3.25% | 7.09% | 0% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 03075 KCHE2409 |
| Fixed | 3 | 6.49% | BBR + 3.25% | 8.20% | 1% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 03076 KCHE2409 |
| Fixed | 3 | 5.79% | BBR + 3.25% | 8.20% | 3% | £1,000 | Unlimited | 4% in year one, 3% in years two and three | 03077 KCHE2409 |
| Fixed | 5 | 6.29% | BBR + 3.25% | 7.81% | 0% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 03078 KCHE2409 |
| Fixed | 5 | 6.09% | BBR + 3.25% | 7.83% | 1% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 03079 KCHE2409 |
| Fixed | 5 | 5.69% | BBR + 3.25% | 7.85% | 3% | £1,000 | Unlimited | 4% in year one, 4% in year two, 3% in year three, 3% in year four, 2% in year five | 03080 KCHE2409 |
Bank of England Base Rate (BBR): 5.00%
All our products are subject to availability and may be withdrawn at any time. * Early repayment charges may be incurred for full redemption or repayment of capital.
Buy to let ex-pat representative example
An Interest Only mortgage of £500,000.00 payable over 35 years initially on a fixed rate for 5 years at 5.89% and then on a tracker rate for the remaining 30 years at 3.25% above 5.00% (Bank of England Base Rate) giving a current rate payable of 8.25% (variable) would require 60 monthly payments of £2,540.19 and 360 monthly payments of £3,557.98.
The total amount payable would be £1,951,629.20 made up of the loan amount plus interest (£1,933,284.20) and a product fee £17,500.00, valuation fee £795, funds transfer fee £25, and a redemption administration fee £25.
The overall cost for comparison is 8.0% APRC representative.
If you are coming to the end of your deal, we will contact you via post, including a Mortgage Choice application form.
Table explained
Mortgage type
Tracker rate: a rate based on Bank of England Base Rate (BBR) plus the agreed set percentage as stated in your mortgage offer.
The interest rate will change when BBR changes. Please note that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
Term
The duration of any initial rate.
Initial rate
The rate charged for the term of the mortgage deal.
Revert rate
At the end of any initial deal, the interest rate will revert to the Bank of England Base Rate (BBR) tracker. All of our BBR products have a floor.
This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00%, plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
APRC
APRC stands for Annual Percentage Rate of Charge. It is used as a means of comparison for financial services products and takes into account the total amount of interest and any fees applied to your mortgage.
Product fee
This is the fee charged for arranging your mortgage.
Early repayment charge
This is the charge you pay to Kent Reliance if you repay all or part of your mortgage earlier than the end of the agreed term or deal period or make an additional payment of more than £499 in any month. This may also be payable if you move house and are not able to take the mortgage to the new property, or if you remortgage during the initial rate period of your mortgage. An early repayment charge is typically expressed as a percentage of the loan amount so if a mortgage has an early repayment charge of 1% of the mortgage balance, on a £100,000 mortgage that would equate to an early repayment charge of £1,000.
Notes about our mortgage products
The Standard variable rate can vary in line with the general level of interest rates and economic conditions.
A list of our fees and charges accompanies all Mortgage offers.
The minimum mortgage term is more than 2 years and the maximum 35.
These mortgage products are portable. Even if you move home during the initial special deal period of a mortgage, the remaining benefits (up to the outstanding balance of your existing mortgage) of that special deal can be transferred to your new mortgage with us, subject to our lending criteria at the time of any move. In this case, any early repayment charges will not be charged but the existing rate will not apply to any additional funds that you borrow.
For interest-only or part repayment/part interest-only, it is your responsibility to ensure you have sufficient funds available at the end of the term with which to repay the loan.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over and security will be required on the property. Written quotations available on request.
Important
If you are applying for a product transfer to coincide with the expiry of an existing product, then you will need to ensure the Acceptance of Offer Form is returned to us at least 5 working days before the end of the month when the existing product expires. This will allow us time to process the product transfer before the expiry date.
If we do not receive the completed Acceptance of Offer Form within the above timescale, the customer’s mortgage will revert to the interest rate which was confirmed in their original Mortgage Offer.
If you are applying for a product transfer which does not coincide with the expiry of an existing product (i.e. because the existing product has already expired or the existing product is not due to expire within the next 3 months) then you need to ensure that the Acceptance of Offer Form is returned to us at least 5 working days before the end of the month to be effective from the 1st day of the following month.
If you apply for a product transfer more than 3 months before the expiry of an existing product then early repayment charges may be payable.
Kent Reliance is not authorised by the Financial Conduct Authority to provide advice on what mortgage product is most suitable for you. Any assistance we provide is strictly limited to basic information and administration of your request.
Kent Reliance is providing you with this information on an execution-only basis, that is, no advice has been provided. In provision of this service Kent Reliance is not required to assess the suitability of this regulated mortgage contract, changes or transactions and you will not benefit from the protection of the Financial Conduct Authority's rules on assessing suitability.
If you require advice, we would suggest speaking to your mortgage adviser. If you do not have a mortgage adviser, then the website unbiased.co.uk can provide lists of mortgage advisers in your local area.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
