2.99% buy to let mortgage rate launched by Kent Reliance.
The buy to let mortgage market has changed as new lending criteria has been introduced. To support landlords in this changing landscape, lenders have reacted rapidly by reviewing the rates.
OneSavings Bank’s specialist mortgage arm, Kent Reliance, is now offering a buy to let mortgage range with products starting at its lowest ever rate of 2.99%.
The range includes 2 and 3 year mortgages available to:
- HMO’s
- limited companies
- several flats under one lease
However, if you are a landlord who doesn’t have an HMO, limited company or one leasehold with various apartments, how is it possible to secure a similarly low rate deal?
The answer would be to seek to services of independent mortgage broker, Deal Direct.
We can source mortgages for you that are only available via an intermediary such as ourselves. This means we can give you more choice and a greater opportunity of securing a lower-rate deal that is available on the wider market.
We are regulated to offer independent mortgage advice; however, we are not regulated to offer general financial advice. If you want to discuss the suitability of property as an investment, you will need to contact an independent financial adviser.
Please note:
Buy to let mortgage applications from:
- applicants whose intention is to benefit from house price growth
- applicants whose intention is to benefit from rental income
- applicants who are letting to buy
will be treated as a normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.