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TODAY'S OTHER NEWS

Kent Reliance lowers rates across BTL and residential products

Kent Reliance for Intermediaries has launched a brand-new suite of buy-to-let and residential products.

The company, part of the specialist lending and retail savings group OneSavings Bank plc, has introduced significantly lower rates across much of the product range, as well as fixed arrangement fees on their residential range.

Highlights of the new product range include:

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New buy-to-let products designed to support the limited company landlord with rates from 3.04%.

  • Residential rates now from 3.29% with fixed £995 arrangement fees.

  • Shared ownership rates from 4.04%.

  • The specialist lender has also retained its large loan product range offering loans of between £1 million and £3 million to 75% loan-to-value, with rates starting from 3.69%.

    Adrian Moloney, group sales director at OneSavings Bank, says the product launch shows Kent’s commitment to its intermediary partners during today’s challenging environment.

    He comments: “Our experience and knowledge, combined with our common-sense lending, manual underwriting and individual case assessments, means we are far better placed to help brokers find the buy to let or residential loan they need for their client’s individual circumstances.”

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