Kent Reliance improves its £1 million plus buy-to-let mortgages
Kent Reliance for Intermediaries has improved the rates on their £1 million plus buy-to-let mortgages by up to 0.2%. Trinity Financial has access to the building societies two-year discounted rate at 4.19% and their new two-year fixed rate at 4.29%. Landlords will need a 25% deposit to access these mortgages and they both have 1.5% arrangement fees.
Aaron Strutt, product manager at Trinity Financial, says: "There are not a huge amount of lenders offering large loan buy-to-let mortgages and Kent Reliance is looking to take advantage of this niche in the market. After two years both mortgages revert to the lenders standard variable rate currently 6.58% and the APR's are 6.5%. Their mortgages are capped at £3 million."
Call Trinity on 020 7016 0790 to secure a large buy-to-let mortgage.
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