KRFI includes product transfers in BTL rate reductions

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Kent Reliance for Intermediaries (KRFI) has cut rates on two and five-year fixed, variable fee limited edition products.

Lower rates have also been applied to the standard range which includes MUFBs (11-20 units).

Highlights include:

  • Lower limited edition rates:
  • 2-year fixed now from 3.69%
  • 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 whole 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 product transfer offering:

  • Selected rates reduced by up to 40bps
  • Variety of fee options available – £0, 1% and 3%

Adrian Moloney, 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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