OSB Group has launched new specialist buy-to-let (BTL) lender Rely.
The launch follows a successful extensive pilot involving more than 50 brokerage firms and feedback from more than 500 brokers, who have already successfully submitted business on the new lending platform.
OSB says the new technology offers 18 partner integrations to make the BTL lending journey simple and fast.
Brokers can quickly and easily register through a four-minute process and view the new range of products and features available on the Rely website.
Rely’s BTL experts are also available to support brokers with more complex or unusual cases that require additional guidance.
The lender caters to all landlords, from first-time buyers through to large-scale professional investors, as they grow their businesses.
The launch of dedicated BTL lender Rely under OSB Group will allow Precise to focus on residential and bridging mortgages. This means that BTL products from Precise will be withdrawn from the market.
This also means the discontinuation of the Kent Reliance for Intermediaries (KRFI) brand for new business, which will be officially announced at a later date.
OSB Group intermediary director Adrian Moloney said: “We are very proud to officially launch Rely and would like to thank all the companies and brokers who provided their invaluable support and feedback during the pilot.”
“Rely offers brokers simpler, faster and more predictable lending pathways, delivering product choice, value and confidence across a wide range of buy-to-let scenarios.”
“Leveraging data-driven lending decisions increases our ability to streamline every broker touchpoint from underwriting, valuation, risk assessments and even document processing.”