KRFI lowers rates on selected buy-to-let products including product transfers
Kent Reliance for Intermediaries (KRFI), part of OSB Group has reduced rates on 2 and 5 year fixed, variable fee limited edition products. Lower rates have also been applied to the standard range which includes MUFBs (11-20 units).
Key highlights include:
· Lower limited edition rates:
o 2-year fixed now from just 3.69%
o 5-year fixed from 4.39%
- · Rate reductions across all standard fixed products up to 75% LTV
- · Choice between fixed or variable fee options
The entire buy-to-let 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:
- · Selected rates reduced by up to 40bps
- · Variety of fee options available – £0, 1% and 3%
Adrian Moloney, group intermediary director, 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.”
–