It also reduces select rates and now supports large MUFBs
Kent Reliance for Intermediaries, part of specialist lender OSB Group, has introduced new buy-to-let products and reduced rates.
The new offerings feature reduced 75% loan-to-value (LTV) rates, lower LTV options, and large multi-unit freehold block (MUFB) products.
“We’re delighted to be able to lower our rates for 75% LTV options, making them more competitive while also introducing 55% and 65% LTV options for five-year fixed rates,” said Adrian Moloney (pictured), group intermediary director at OSB Group.
“And that’s not all, we’ve been listening closely to broker feedback and following the enhancements to our adapted HMO criteria recently, Kent Reliance for Intermediaries can now support large MUFBs up to 20 beds as standard in its BTL range. These improvements offer flexibility and increased options for brokers, which is essential in such an evolving market.”
Matthew Rowne, director at The Buy To Let Broker, praised the new products, saying their introduction has put Kent Reliance at the forefront of specialist lending.
“Kent Reliance have continued to be innovative through 2024, and work collaboratively with key partners, consistently offering lending solutions that provide landlords with a myriad of funding options – an effective life jacket to the PRS, in the face of inequitable governmental obstacles facing the modern landlord,” Rowne said.
“We remain enthused that Kent Reliance is striving to keep evolving their proposition, and to help support brokerages, landlords, and the wider PRS, in what has been a challenging economic vista.”
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