KRFI launch sub 4% BTL product
Specialist lender Kent Reliance for Intermediaries (KRFI), part of the OSB Group, has launched two limited edition ranges to help support brokers with their landlord customers.
The fixed fee limited edition range offers lower fees starting at £799, providing an affordable option for landlords looking to avoid higher fees. Other features of the range include:
- 2 year & 5 year fixed rate options
- 75% & 80% LTV
- loans of between £100k-£750k, across 3 tiers
The second limited edition range offers lower rates from 3.99%, resulting in landlords benefiting from 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
Adrian Moloney, group intermediary director, OSB Group said “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.”
