View more on these topics

Kent Reliance launches light refurbishment B2L deal

OneSavingsBank subsidiary Kent Reliance has launched its buy-to-let light refurbishment product, which allows landlords to make improvements to a property and realise the increased value.

The two-year discounted variable deal is available up to 75 per cent of the property’s initial value and starts at 4.49 per cent.

A further drawdown will then be based on a revaluation after four months – by which time the refurbishment works must be completed.

The product is available on a repayment or interest-only basis and is offered through selected Kent Reliance intermediaries.

Kent Reliance sales and marketing director John Eastgate says: ”We are very excited to add this product to our buy-to-let range. It is ideal for professional landlords looking to grow their portfolio, and maximise income from properties with development potential.

“Regular investors can improve property with the confidence that they can unlock that investment and use it for growing their portfolio further.”




Star letter Well done to AMI for taking up CCL challenge but why has it come to this? I was interested to read your story last week that broker trade body the Association of Mortgage Intermediaries is lobbying the FCA to amend the new consumer credit license rules for mortgage intermediaries. Well done again to […]


Distributors back Lloyds’ quality move but call for increase in proc fees

Major distributors have reiterated calls for lenders to increase proc fees after it was revealed Lloyds Banking Group would introduce quality-based remuneration from next month. Mortgage Strategy revealed the lender would switch to quality-based proc fees in September, a year after revealing it was considering the idea. Then last week the lender revealed it would […]

RBS relaunches intermediary arm with new distribution deal

Royal Bank of Scotland has relaunched RBS Intermediary Partners. Its mortgage products will be distributed through appointed representatives of Tenet Group and Personal Touch Financial Services. There are no plans to expand its distribution at this time. The new intermediary division, which will go on to become the broker arm of resurrected banking brand Williams […]


Lucky No.13

Few in the mortgage industry would have guessed that 2013 would end on such a positive note and even the most superstitious adviser can find reasons to be cheerful and express hope for a prosperous 2014


Employer iPMI responsibilities could continue to escalate, says Jelf

New laws in Dubai will put the burden of providing international private medical insurance (iPMI) firmly on the shoulders of the employer in order to maintain the country’s leading healthcare facilities. With 10,000 UK nationals having moved to the country since 2007 and only 16.5 per cent of the total 8.2 million people living there being Emiratis, Jelf Employee Benefits believes this move was inevitable and employer responsibilities could continue to escalate in future.


News and expert analysis straight to your inbox

Sign up