Rely unveils new 85% LTV products

Rely has launched new limited edition products at 85% LTV for landlords.

These are available for non-portfolio landlords purchasing or remortgaging single family and complex BTL properties.

Products are available at five-year fixed rates with a choice of either no fee or a 2% fee.

The new range will also introduce EPC-based pricing at 85% LTV.

Properties with an EPC rating of A to C will benefit from lower pricing, while options will also be available for properties rated D and below.

Alongside the new products, all of Rely’s 80% LTV products across the small, medium and large landlord ranges are reducing by 16bps.

“We’re always looking at ways to broaden access to finance while ensuring our proposition remains competitive and relevant to landlords’ needs,” said Adrian Moloney, group lending distribution director at Rely (pictured above).

“By introducing products up to 85% LTV and reducing rates at 80% LTV, we’re giving landlords more options when it comes to securing finance, whether they’re entering the market, refinancing or looking to grow their portfolios.

“The introduction of EPC-based pricing also enables us to support a wider range of properties while recognising stronger energy performance and the positive impact this has for tenants.”