Kent Reliance for Intermediaries has unveiled a cutting-edge 1-year fixed buy-to-let mortgage product aimed at navigating a volatile market.
- This limited edition offer responds to potential tax changes in the upcoming Budget and the fluctuating base rate environment.
- With three fee options including a zero-fee choice, brokers can customise solutions for their clients.
- The mortgage features rates beginning at 4.29%, with 75% and 80% loan-to-value options.
- Brokers benefit from product transfers at maturity, reinforcing KRFI’s commitment to flexibility.
Kent Reliance for Intermediaries (KRFI) has introduced a ground-breaking limited edition 1-year fixed buy-to-let mortgage product, strategically designed to assist brokers and their clients in managing the uncertainties of the current market. This release is especially relevant considering potential tax implications anticipated in the forthcoming October Budget, as well as the ever-changing base rate environment.
The product encompasses three distinct fee options, including a notable £0 fee option, providing brokers the ability to tailor financing arrangements to best meet their clients’ needs. This flexibility is crucial in equipping brokers with the adaptability required to thrive in such a dynamic market landscape.
Key features of the mortgage product include interest rates starting from 4.29%, and loan-to-value (LTV) choices of 75% and 80%. Additionally, there is a 1% early repayment charge (ERC), complemented by a favourable revert rate set at the Bank of England base rate plus 1.5%. These terms aim to offer competitive advantages and attract a range of professional landlord clients.
Brokers are further supported through the availability of product transfers at the maturity of this mortgage, which are designed to foster long-term client relationships and provide ongoing value. Adrian Moloney, the group intermediary director at OSB Group, highlighted the importance of offering brokers this level of flexibility, stating that KRFI remains committed to delivering exceptional customer service and leveraging its substantial expertise in the buy-to-let sector.
As the market continues to evolve, such innovative offerings are becoming increasingly vital in ensuring that brokers can provide their clients with the most relevant and effective financial solutions possible.
KRFI’s limited edition offer exemplifies adaptability and client-first solutions amidst a shifting financial landscape.
