Kent Reliance, part of OneSavings Bank plc, has unveiled its new large loan buy-to-let mortgage range.
The offering including a new specialist large loan buy-to-let product and a re-pricing on its standard large loan Buy to let mortgages.
The new large loan specialist buy-to-let mortgages feature rates from 4.39% for a two year discounted variable and its standard buy-to-let loan products benefit from reduced rates available from 4.19%.
John Eastgate, sales and marketing director at OneSavings Bank plc, said: “We seek to keep ahead of market needs and recognise that as the buy-to-let market is constantly evolving and changing, intermediaries’ demands change as well. With expansion in the large loan market, our intermediary partners told us they wanted to see more targeted products for this niche sector and we’ve delivered exactly that.
“Over the past year we’ve seen exceptional growth in our large loan business. This has allowed us to improve the flexibility of our proposition by cutting rates on our standard large loan portfolio and to launch a new product for the specialist large loan market.”