KRFI Core Residential
- Prime: Max LTV increased from 75% LTV to 90% LTV
- Near Prime 1: Max LTV increased to 85% LTV
- Rates now start from 3.24%
- New Fee options: Prime and NP1 rates have a £995 fee option (max £750k loan) and a 0.5% fee option (min loan £200k). Therefore, from £200k to £750k the £995 fee option provides a benefit to the customer – incentivising those loans
KRFI Buy to Let
- Max LTV: Increased to 80% LTV
- Rates now start from 2.99%
- LTV reduction REMOVED for larger properties: Currently set to 70% LTV for 7-10 bedrooms/ MUBs, this restriction is being removed
- Standard & Specialist product rates aligned: This range introduces just one set of pricing across different tax structures (personal ownership and limited company) and property types (including HMOs): A simplified range which increases the competitiveness of Specialist BTL
