"With these latest rate reductions, we aim to continue to help as many people as possible access the mortgages that they need."
- Vicki Harris, chief commercial officer at Kensington Mortgages
Kensington Mortgages has lowered rates across its residential and buy-to-let products by up to 40bps.
Kensington has reduced rates by up to 33bps across residential Select and Core products, up to 92.5% LTV. This also applies to Kensington’s new 82.5%, 87.5% and 92.5% rates, which were recently launched as part of its ‘Mid LTV’ range.
In Kensington’s Select offering, five-year fixed rates now start at 5.29% and two-year fixed rates from 5.79%, both at 75% LTV with a £999 fee. The lowest rates for Kensington’s Core products include its five-year fix, starting at 5.44%, and two-year fixed rate at 5.84%, both at 70% LTV with a £999 fee.
Kensington is also lowering rates by 20bps across its buy-to-let products, including limited company, HMO, and MUB. In addition, rates across Kensington’s special buy-to-let products have been reduced by up to 40bps.
A 70% LTV two-year special fixed rate now start from 4.15% and a 75% LTV five-year fixed rate has reduced to 4.69%, both including a 5% fee and free valuation.
Vicki Harris, chief commercial officer at Kensington Mortgages, said: “Across our entire product range, Kensington continues to offer some of the most competitive rates available on the specialist mortgage market, underpinned by market leading customer service. With these latest rate reductions, we aim to continue to help as many people as possible access the mortgages that they need.”
