Kent Reliance for Intermediaries, a prominent arm of the OSB Group, is set to invigorate the market with the introduction of an array of fresh buy-to-let and residential products. This strategic move is aimed at providing customers with enhanced flexibility and more competitive rates.
In a noteworthy development for the buy-to-let sector, the lender’s adjustments include:
- A significant reduction in the 7% fee limited edition product by 5bps, bringing it down to a more appealing 5.19%.
- The rollout of new 2-year fixed 75% LTV products starting at 4.89%.
- The introduction of new 2-year trackers, with rates commencing from 5.49%.
On the residential front, Kent Reliance for Intermediaries is making significant strides with:
- The revival of its income flexibility range, now available up to a 90% Loan-to-Value (LTV), devised especially for customers seeking more latitude with income multiples.
Adrian Moloney, Group Intermediary Director at OSB Group, spoke about the recent enhancements: “Our popular limited edition 7% product fee 5-year fixed rate has been improved, this means our lower pricing can support even more landlords. We’ve also reintroduced our income flexibility residential range and expanded it to help our customers who need greater flexibility with income multiples.”
These changes underscore Kent Reliance for Intermediaries’ commitment to continuously refining its products and services to better align with the evolving needs of its customers, thus reinforcing its position as a forward-thinking participant in the lending space.