Kent Reliance ups unit limit on HMO products | Mortgage Strategy

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Kent Reliance for Intermediaries, part of OneSavings Bank, will now consider properties up to 10 bedrooms or units for its HMO/MUFB range.

The products available in the expanded range come with rates from 3.79 per cent and are available up to 75 per cent LTV to £3m on one to six bedrooms/unit and up to 70 per cent to £1.5m on seven to 10 bedrooms/units.

First-time landlord options are also available on one to six bedrooms/units and limited company structures are welcome. Less than perfect credit profiles will also be considered.

OneSavings Bank group underwriting director Dawn Mirfin says: “As a specialist lender, we’ve got the ability and experience to consider applications that other lenders may not be able to, because we look at each loan application individually and make a judgement based on the case’s own merits. Our service levels reflect our professional expertise and we’re pleased that our current buy to let service levels remain strong with AIPs assessed within 24 hours and a full underwrite within four days.”


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