Kent Reliance launches BTL products with no portfolio restrictions
Kent Reliance has launched a series of buy-to-let products which place no restriction on the size of the landlord’s portfolio.
They are available for loans of up to £1m at 85% LTV, and at 75% TV for loans over £1m. Rates at 75% start at 4.49% for a two-year fix. A product fee is charged at 2% of the loan amount, plus an application fee of £130.
Kent Reliance sales and marketing director John Eastgate said: “We have seen an increase in buy-to-let investors returning to the market, taking advantage of low interest rates and strong rental demand. These products build on our already strong buy-to-let proposition in the market and will offer a real competitive edge.
“Our combination of competitive rates coupled with a flexible and expert underwriting approach allows us to consider larger loans and higher LTVs for professional landlords.”