Specialist lender launches limited edition mortgages for landlords

Specialist lender launches limited edition mortgages for landlords


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Specialist lender Kent Reliance for Intermediaries (KRFI), part of the OSB Group, has launched two limited edition ranges to help support landlord customers.

The fixed fee limited edition range offers lower fees starting at £799, and other features include:
– 2 year & 5 year fixed rate options; 75% and 80% LTVs; loans of between £100k-£750k.

The second limited edition range offers lower rates from 3.99%, rmeaning reduced monthly repayments and potentially greater borrowing capacity. Further features include: availability across low LTV bands of 55%, 65%, 70%, 75%; loans of between £100-£750k; 2 year & 5 year fixed low rate options

An OSB spokesperson says: “Following changes to the Bank of England Base Rate and current marketplace conditions, we are pleased to launch these limited edition products. We are only too aware of the more complex landscape that landlords are facing and want to ensure we are supporting brokers and their customers as best we can.

“With our ears close to the ground, we know landlords requirements can differ and this is sometimes down to the location of their property portfolios. For those with properties across London and the South East, our range with lower rates could be the ideal financial solution. However, landlords across the Midlands and the North of England might feel the range with lower fees are more suited their requirements.”

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