Rely launches limited edition BTL deals for large portfolio landlords

Rely has unveiled a new limited edition product range for landlords with 11 or more properties.

The lender, part of OSB Group, said the new products offer rates up to 40 basis points lower than comparable products in the standard range.

OSB warned landlords and brokers to act fast as they could be withdrawn at any time.

They are available on two- and five-year fixed rate options with a 5% fee at 75% LTV.

Alongside the limited edition range, there are also new low LTV products for any portfolio landlords with four or more mortgaged properties, available at 60% and 65% LTV, with discounts of up to 15bps against current equivalent standard products, on two- and five-year fixed rate options.

This new range follows the launch of low LTV products for landlords with three or fewer mortgaged properties in July, with positive broker feedback resulting in those products now being added to Rely’s standard range.