Kent Reliance for Intermediaries (KRFI) has launched two BTL mortgages ranges designed to support brokers with landlord customers.
This comprises a fixed fee limited edition range and a series of mortgages with lower rates from 3.99%.
These former are available in two-year and five-year fixed rate options, with 75% and 80% LTV. Loans of between £100,000 and £750,000 are available across three tiers.
Fees on these mortgages start from £799.
For the latter, landlords can benefit from reduced monthly payments and potentially greater borrowing capacity.
Again available with two-year and five-year fixed rate options, and loans between £100,000 and £750,000, LTV bands of 55%, 65%, 70% and 75% are available.
Adrian Moloney, group intermediary director for OSB Group - of which KRFI is part of (pictured above), - said these limited edition mortgages were designed in light of the recent Bank of England rate cut and current market conditions.
“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,” said Adrian.
“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 to their requirements.”
