Kensington Mortgages has lowered rates across its residential and BTL mortgages.
The lender has introduced free valuations across all residential mortgage products, extending its existing proposition of free valuations on all BTL mortgages.
Rates for Kensington’s BTL core range, including HMO and MUB mortgages, have been cut by up to 0.35%.
For its BTL Prime range — also including HMO and MUB — Kensington has lowered rates by up to 0.35%, offering up to 75% LTV, with two- and five-year fixed rates from 3.59% and 4.79% respectively.
In addition, rates for Kensington’s Prime eKo range have been reduced by up to 0.25%, with Kensington now offering up to 75% LTV on two-year fixed rates from 4.39% and five-year fixed rates from 4.97%.
Andy Bickers, commercial director at Kensington Mortgages, commented: “In a fast-moving market, brokers need certainty, speed, and strong support from lenders.
“We also know that communication is critical to keeping cases moving. Every broker receives support from a dedicated mandated underwriter who remains their point of contact throughout the application process, with brokers who engage with those calls potentially able to reduce application-to-offer times by as much as 25%.
“Our sustained focus on combining competitive products with practical support helps to ensure brokers can deliver faster and more affordable outcomes for their clients.”
