Your guide to help you make the right move, whether you are buying your first home, moving home or just wanting to move your mortgage, we will help make the process simple. We all know that buying a home can be stressful and there is so much involved... estate agents… solicitors...surveys...mortgages... and so much more.
At Reliance Bank, we do not offer advice or recommendation; we offer an execution-only mortgage service. The following information gives an overview of our mortgage procedures and will help you make a decision based on your individual circumstances and needs.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
How much will we lend?
The amount we are prepared to lend will depend on your individual circumstances - we will look at your income and the value of the property you want to buy. Please read our Mortgage Rate Table for a guide on our execution-only mortgage product range.
Try our mortgage calculator at the top of this page to give you an indication of your monthly repayments.
If we give you a Mortgage Offer or an Agreement in Principle, it will be subject to:
Which mortgage is right for you?
Our Mortgage product range is based on our level of service which is execution-only. Reliance Bank will provide information only so that you can make a decision based on your individual circumstances and needs. Reliance Bank do not provide advice on mortgages. From the options below, select the link that best describes your circumstances:
For existing customers your rate may be on either the Standard Variable Rate or the Home Mortgage Variable Rate. Please refer to your individual Loan Agreement.
The Fixed Rate Mortgages shown in our rate tables run to a specific end date for example a 2 year fixed rate does not necessarily last 24 months.
The APRC (Annual Percentage Rate of Charge) is the total cost of the credit to the consumer, expressed as an annual percentage.
Reliance Bank’s Mortgage Rate Table is based on our level of service which is execution-only. Reliance Bank do not provide advice on mortgages.
Our Mortgage Product Fee
From 26 April 2014, The Financial Conduct Authority has established new rules for lenders and advisers in the UK. Reliance Bank is a responsible lender and abides by these new rules and regulations, offering an Execution-only mortgage service. This means that we can not provide any advice with our mortgages. For more information go to: www.fca.org.uk/getting-a-mortgage
For full details on our Mortgage Services, please refer to the pdfs on the following pages:
Our mortgages are subject to security and status. A first legal charge will be taken over the property and we may also require to hold life policy documents.
Interested? Call us on 020 7398 5400 or alternatively print the documents listed below and forward your completed application with supporting documentation to our office.