Monday 8th October 2018


Kensington reduces two-year fix

Kensington Mortgages has cut rates across selected buy-to-let for a limited time only.

The lender’s two-year fixed rate buy-to-let product at 75% loan-to-value (LTV) has been slashed by 0.3% to 2.59%.

Craig McKinlay, sales and marketing director at Kensington Mortgages, said: “We’ve been making several changes recently across our product range, all of which have been well received by intermediaries.

“Our latest updates further reinforce our commitment to supporting underserved borrowers across the UK, and we hope these changes continue to help intermediaries to provide the best possible service to clients, whatever their individual circumstances may be.”

For those of you interested, Kensington Mortgages has also reduced its residential products.

Two-year residential fixed rate products have been cut by 0.2% to 3.39% at 85% LTV, while a five-year fix has been reduced by 0.35% to 3.79%. Product fees have also been cut from £1,299 to £499 on both.

In addition, Kensington has launched a new residential 10-year fixed product, available from 4.34% at 75% LTV.

These offers will be available until Wednesday 31st October for all completed Decision in Principle applications.

McKinlay commented: “The launch of our new 10-year fix with built in flexibility provides first-time buyers and home movers with certainty and reassurance through, undeniably, uncertain times by giving them the security of a long term fix with the flexibility of a shorter term lock in.

“Buying a home is an ambition of many and we hope our product provides borrowers with stability and the peace of mind that a fixed term mortgage brings.”

For those of you interested, Kensington Mortgages has also reduced its residential products.

Two-year residential fixed rate products have been cut by 0.2% to 3.39% at 85% LTV, while a five-year fix has been reduced by 0.35% to 3.79%. Product fees have also been cut from £1,299 to £499 on both.

In addition, Kensington has launched a new residential 10-year fixed product, available from 4.34% at 75% LTV.

These offers will be available until Wednesday 31st October for all completed Decision in Principle applications.

McKinlay commented: “The launch of our new 10-year fix with built in flexibility provides first-time buyers and home movers with certainty and reassurance through, undeniably, uncertain times by giving them the security of a long term fix with the flexibility of a shorter term lock in.

“Buying a home is an ambition of many and we hope our product provides borrowers with stability and the peace of mind that a fixed term mortgage brings.”


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