Precise Mortgages and Kent Reliance for Intermediaries, both part of specialist lender OSB Group, have reduced rates on their BTL offerings in addition to launching new products to support landlords.
Kent Reliance
Kent Reliance has brought out new BTL products to provide customers with more flexibility.
Its 7% fee limited-edition BTL product has been reduced by 5bps, now at a rate 0f 5.19%.
Kent Reliance has also introduced a new two-year fixed-rate product at 75% LTV from 4.89%.
New two-year trackers have also been launched from 5.49%.
Adrian Moloney, group intermediary director at OSB Group (pictured above), said: “Our popular limited edition 7% product fee five-year fixed rate has been improved ¬— this means our lower pricing can support even more landlords.”
Precise Mortgages
Precise Mortgages has improved its BTL mortgage offering to give customers access to lower rates and more choice.
As part of this, the company has reduced its minimum BTL loan size to £40,000.
Adrian said: “We’re supporting BTL investment by giving landlords a wider choice of products and reducing the minimum loan size for our products.”
