Kent Reliance launch 85% buy-to-let mortgages

Aaron Strutt Image
Kent Reliance Building Society has launched two new buy-to-let mortgages and they are available to buy-to-let investors with a 15% deposit. The lender is offering a two-year discounted variable rate at 5.49% and a three-year discount at 5.69%. After the discounted period the rate payable reverts to Kent Reliance's standard variable rate, which is currently 6.58%. Both mortgages have 2.5% arrangement fees and early repayment charges within the discounted period. Monthly rental income must cover 125% of the interest-only mortgage payment and the maximum loan size is £350,000. Aaron Strutt, a broker at Trinity Financial, says: "Kent Reliance is one of the few lenders that will lend to limited companies purchasing buy-to-let properties. We have access to their mortgage rates and they are cheaper if you have a bigger deposit." June 15, 2012
Get Started

Get started today

Speak to one of our mortgage experts. Book an appointment to come and see us or request one of our experts to call you.

Google Reviews
Trustpilot
Book a Consultation Talk to an Expert
As seen in
Sunday Times Telegraph Financial Times BBC News The Express The Times