Buy-to-letFeb 6 2017

Kent Reliance cuts five-year buy-to-let rates

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Kent Reliance cuts five-year buy-to-let rates

Kent Reliance’s five-year fixed buy-to-let mortgage range now has rates starting from 3.59 per cent.

Price reductions feature across the five-year fixed buy-to-let product set, with a new loan-to-value range from 65 per cent up to 85 per cent.  

The products are available for purchase or remortgage for standard and specialist buy-to-let.

Adrian Moloney, sales director of OneSavings Bank, which the specialist mortgage provider is part of, said: “Our new five-year fixed buy-to-let range will continue to offer the right criteria, flexibility and choice.  

“We believe that brokers will welcome our best ever five-year rates as they seek cost savings and flexibility options on behalf of their customers.”

Steve Olejnik, chief operating officer of Mortgages for Business, said the new deals were great products.

He said: “Kent Reliance really making a statement - providing welcome support in the specialist market - especially with the drive towards limited company buy-to-let purchases. 

“I expect other lenders in this space to react. The key for Kent Reliance is that they also need to focus on processing times - especially as they will see an upswing in applications.”

emma.hughes@ft.com