KRFI lowers rates on selected buy-to-let products

Kent Reliance for Intermediaries (KRFI), part of OSB Group, has reduced rates on 2-year and 5-year fixed, variable fee limited edition buy-to-let (BTL) products.

Lower rates have also been applied to the standard range, which includes multi-unit freehold blocks (MUFBs) of 11 to 20 units.

Key highlights include lower limited edition rates, with 2-year fixed rates now from 3.69% and 5-year fixed rates from 4.39%.

Rate reductions have been applied across all standard fixed products up to 75% loan-to-value (LTV), with a choice between fixed or variable fee options.

The BTL product transfer range has also been refreshed which means landlord customers could save on their monthly repayments and avoid higher reversion rates.

Key highlights of the new product transfer range include selected rates reduced by up to 0.40%, with a variety of fee options available – £0, 1% and 3%

Adrian Moloney (pictured), group intermediary director at OSB Group, said: “As the leading buy to let specialist, we’ve boosted our support for brokers with landlord customers who are looking to minimise their costs and secure affordable fixed rates for their investments.

“Our award winning BDMs work closely with our expert team of underwriters who manually review each case with a “look to lend” focus so brokers can be confident that if there’s a way to lend, then we’ll do our upmost to make the case fit.”

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