Rely unveils limited-edition BTL range, with rates from 2.85%

Rely has launched a limited-edition range of BTL products with rates starting from 2.85%.

This new range comes with a number of fee options and a choice of one-, two- and five-year fixed periods. The products are also available at 65% and 75% LTV.

The one-year fixed product is available from 2.85% with a new 3.5% fee, while the two-year fixed-rate products are available from 3.59%, with 3.5% and 5% fee options.

The five-year fixed products in the new range start from 4.55% and are available with 3.5%, 5% and 7% fee options.

“With markets showing early signs of greater stability and swap rates easing from recent highs, we’ve moved quickly to launch a new limited-edition range that delivers lower headline rates and greater flexibility for landlords,” said Adrian Moloney, group lending distribution director at Rely (pictured above).

“The additional fee options enable lower initial pay rates, helping to support affordability while giving brokers greater flexibility when placing cases.

“Our decision to retain the existing range also ensures brokers have a wider choice of solutions for their clients.

“As always, we’re focused on giving brokers competitive options they can trust to help landlords achieve their property ambitions.”