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TODAY'S OTHER NEWS

Kent Reliance reduces rates across entire BTL range

Mortgage lender Kent Reliance - part of OneSavings Bank - has announced major changes to its specialist buy-to-let mortgage range.

The firm has slashed rates to 2.99% - the lowest it has ever offered.

Price reductions across the lender's two and three-year range apply to limited company lending, HMOs and multiple flats under one freehold and supplement the recent changes made to five-year fixed pricing.

“As tax and regulatory changes continue to impact the market, specialist lenders need to adapt quickly to support these changes," says Adrian Moloney, director at OneSavings Bank.

"These rate reductions are in direct response to the feedback received from our brokers who are actively seeking products for the increasingly evolving landlord market."

The rates came into effect on February 24.

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