Kensington Mortgages has launched a pair of special rates across its residential and buy-to-let (BTL) whilst also making a number of rate cuts to its BTL range.
On the BTL range rates are cut up to 0.4% and now start at 2.99% for a 2-year fix at 75% loan-to-value (LTV). There is also a special edition rate at 2.59% for a 2-year fix at 75% LTV.
For houses in multiple occupation (HMOs) and multi-unit blocks (MUB) rates start at 3.39% and for Property Plus at 3.19% – each for a 2-year fix at 75% LTV, respectively.
On the residential front rates start from 3.25% for a 2-year fix at 75% LTV and 5.19% for a 2-year fix at 90% LTV. Kensington recently reinstated its large loan offering, up to £2m, at up to 80% LTV, in addition to offering a special edition rate at 1.99% for a two-year fix at 70% LTV.
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Kensington hires two new BDMs
By Leah Milner 10
th March 2021 3:37 pm
Kensington Mortgages has appointed Maria Betti and Andy Heath as regional business development managers for South London and the East.
Betti has more than 20 years’ experience in financial services across the pensions and the mortgage industry and has worked with various lenders, including Royal Bank of Scotland, Aldermore, Together and London Mortgage Company.
Heath joins from Clydesdale Bank where he has worked for 19 years in its commercial and private banking team and as a BDM.
Kensington has also hired new underwriters and plans to double the size of this team.
Kensington hires two regional BDMs and bolsters sales support
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