Kent Reliance slashes BTL rates on large loans
Kent Reliance, part of OneSavings Bank plc, has unveiled its new large loan Buy to let mortgage range including its new specialist large loan Buy to let product and a re-pricing on their standard large loan Buy to let mortgages.
Available from today, the new large loan specialist Buy to let mortgages feature rates from 4.39% for a two year discounted variable and its standard Buy to let loan products benefit from reduced rates available from 4.19%.
John Eastgate, Sales and Marketing Director, OneSavings Bank plc, said:
“We seek to keep ahead of market needs and recognise that as the Buy to let market is constantly evolving and changing, intermediaries’ demands change as well. With expansion in the large loan market, our intermediary partners told us they wanted to see more targeted products for this niche sector and we’ve delivered exactly that.”
“Over the past year we’ve seen exceptional growth in our large loan business. This has allowed us to improve the flexibility of our proposition by cutting rates on our standard large loan portfolio and to launch a new product for the specialist large loan market.”
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