All of the OneSavings Bank brands, Kent Reliance, Precise Mortgages and Interbay will consider applicants who are currently furloughed, subject to additional underwriting.
Alan Cleary, managing director at OneSavings Bank, said: “As a broker-centric lender, we’re fully aware of how important it is to a broker and their customer that when they pay a fee for a product, they have the confidence that their transaction will be honoured.
“We’ll work on cases in date order but ask that brokers please bear with us as we’re working in exceptional circumstances, at reduced capacity.
“Our broker partners have my personal assurance that we’ll get to them to discuss their client’s needs and will uphold existing arrangements, subject to underwriting.
“I’m pleased to confirm that as well as the business development managers, we will also have our broker contact centres available as additional support so, together, we’ll get through this and come out the other side.”
Matt Lenzie, Founder of Commercial Mortgages Broker said: “Interbay and the rest of the One Savings Bank brands are attempting to keep things moving forwards with their existing pipeline of business, we hope that this will reflect continued investor appetite for new acquisitions over the coming months.”