Kent Reliance launches sub-4% buy-to-let product
Landlord borrowers can choose between lower rates or lower fees.
"For those with properties across London and the South East, our range with lower rates could be the ideal financial solution."
- Adrian Moloney, intermediary director at OSB Group
Kent Reliance for Intermediaries has launched two limited edition buy-to-let ranges.
The fixed-fee limited edition range offers lower fees starting at £799, with two and five-year fixed rate options at 75% and 80% LTV across three tiers.
The second limited edition range offers lower rates from 3.99%, resulting in landlords benefiting from reduced monthly repayments and potentially greater borrowing capacity. This range has availability across lower LTV bands of 55%, 65%, 70%, and 75%.
The products are available for loans between £100,000 and £750,000.
Adrian Moloney, intermediary director at OSB Group, said: “Following changes to the Bank of England Base Rate and current marketplace conditions, we are pleased to launch these limited edition products. We are only too aware of the more complex landscape that landlords are facing and want to ensure we are supporting brokers and their customers as best we can.
"With our ears close to the ground, we know landlords requirements can differ and this is sometimes down to the location of their property portfolios. For those with properties across London and the South East, our range with lower rates could be the ideal financial solution. However, landlords across the Midlands and the North of England might feel the range with lower fees are more suited their requirements.”
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