Kent Reliance re-enters buy-to-let

Kent Reliance Banking Services has re-entered the buy-to-let sector through Manor Mortgages, Complete FS and Mortgages for Business.

The deals on offer from the former Kent Reliance Building Society are only available through brokers.

They include a two-year discounted rate at 4.98% up to 75% LTV with a 1% arrangement fee.

There is also the option of fixed and discounted rates, with decisions not based on credit scoring.

The criteria will allow lending on new-builds, student lets, houses in multiple occupancy, first-time buyers and limited companies.

James Harries, sales and marketing director at Manor Mortgages, says: “We’re genuinely excited about this opportunity to work closely with KRBS. We’re seeing an upturn in product availability from lenders and a return to more accessible funding.”

Adrian Scott, head of lending at KRBS says, “KRBS is delighted to re-enter the buy-to-let market.

“And we are particularly pleased to work in partnership with Manor Mortgages and Complete FS, as they complement our personal, underwriting-based approach “