Kent Reliance refreshes BTL product range

The specialist mortgage provider will now provide large loans from £750,000 (previously £1m).

It has reduced its minimum loan size to £50,000 for specialist BTL, including limited companies and HMOs, although multiple units on a single freehold will still have a £75,000 minimum loan.

Kent Reliance — part of the OneSavings Bank Group — has also removed its three-year fixed rate products.

Adrian Moloney, sales director at OneSavings Bank (pictured above), said: “…We’re constantly adapting and fine tuning our mortgage proposition to ensure it remains relevant and reflects the needs of our broking partners.

“These product changes — especially the large loan reduction to £750,000 and the reduction in minimum loan size to £50,000 — shows that we have the appetite and ability to offer varied complex solutions for specialist brokers throughout the UK and not just the South East.”