Kent Reliance for Intermediaries ups resis LTVs and expands buy-to-let range
Kent Reliance for Intermediaries has increased the maximum loan-to-value (LTV) limits across its ranges of prime and near prime residential mortgages, and buy-to-let products.
The lender has increased the LTV on its prime and near prime residential mortgages to 90% and 85% respectively, and up to 80% on its buy-to-let mortgages.
On the prime residential side rates start from 3.24% with loans of up £3m available For near prime residential rates begin at 3.49% with the same max loan size.
Buy-to-let rates start from 2.99% and single, HMO, MUB applications are accepted on the same rates.
Adrian Moloney (pictured), group sales director, Kent Reliance for Intermediaries, said: “This exciting new range of products gives brokers and their clients a much wider range of options.
“The higher LTV limits on our residential mortgages are ideal for those specialist cases which require a more manual underwriting approach, whilst our new buy to let range of products is suitable for first time and more experienced landlords alike.
“With our award winning business development managers on hand to guide brokers towards the best lending solutions for their clients, combined with our flexible underwriting and individual case assessments, we really can help with those cases that need an expert approach.”