Kent Reliance, part of specialist mortgage provider and retail savings group OneSavings Bank plc, has today announced that it is making rate reductions to its 5 year fixed BTL mortgages for 75% LTV and 80% LTV products.
The key changes include:
- Rates now start from 3.79% for 75% LTV and 4.39% for 80% LTV
- New reduced 75% LTV and 80% LTV rates available for
- BTL Standard
- BTL Large loan standard and specialist
- BTL Specialist
- BTL Fee assisted
- BTL Further advance standard and Further advance specialist
Commenting on the changes, Adrian Moloney, Sales Director at OneSavings Bank, said, “We’ve listened to broker feedback for mortgage lenders to continue to provide landlords with products that give financial certainty over the longer term. With a rising interest rate market we’re delighted to announce this rate reduction to support our broker partners and their client’s needs.”