Kent Reliance for Intermediaries, part of the OSB Group, has significantly expanded its buy-to-let (BTL) mortgage offerings with the launch of two new limited-edition ranges, featuring rates starting as low as 3.99%. This move underscores the lender's commitment to providing diverse and competitive solutions for landlords.
One of the newly introduced ranges offers fixed rates from £799 in fees, with both two- and five-year terms available. These products cater to loan-to-value (LTV) ratios of 75% and 80%, for loans ranging from £100,000 to £750,000. This option provides a balance of competitive rates and manageable fees.
Key Benefits
The second limited-edition range is designed to offer even lower initial rates, starting below 4%. This includes two- and five-year fixed rate terms, available at various LTVs including 55%, 65%, 70%, and 75%. This highly competitive pricing could lead to reduced monthly repayments for landlords and potentially enhance their borrowing capacity. Loans in this range also fall between £100,000 and £750,000.
Adrian Moloney, Intermediary Director at OSB Group, highlighted the strategic importance of these new products. "For those with properties across London and the South East, our range with lower rates could be the ideal financial solution," he noted, emphasising the tailored approach for different market segments.
Eligibility Criteria
These latest additions to Kent Reliance's portfolio aim to support professional landlords navigating the evolving buy-to-let market, providing them with more affordable and flexible financing options.
Application Process
Property Finance Specialist
Author is a property finance specialist with expertise in HMO mortgages and investment property solutions.