Specialist lender launches limited edition mortgages for landlords

Specialist lender launches limited edition mortgages for landlords


Todays other news
Agents must report suspicions to the Office of Financial Sanctions...
he government has announced plans to train 18,000 retrofit professionals...
Only low levels of awareness of the Making Tax Digital...
‘Call Before You Serve’ aims to reduce incidents of homelessness...

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.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Only low levels of awareness of the Making Tax Digital...
The claim comes following the review of 7,000 transactions...
The changes are now in effect....
The latest house price index shows values rising gently...
The most vulnerable tenants may pay the highest price...
A consultant says councils are becoming sharper at licensing enforcement...
A tax rise coming in just five weeks’ time will...
Recommended for you
Latest Features
HMOs are increasingly popular with landlords because of their high...
‘Grey belt’ land is a subset of green belt identified...
Barclays gives a state of the nation housing report every...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here