news | 1 hour ago | Jon Yarker

Kensington cuts rates by up to 25bps

Kensington Mortgages has cut rates by up to 25bps across selected BTL products.


These rate cuts apply to products in its prime, prime ‘eKo’, core, HMO and MUFB ranges.

For Kensington’s prime range, 75% LTV two-year fixed rates now start from 3.49% with a 5% fee, alongside options at 4.14% with a 3% fee and 5.63% with no fee.

Meanwhile, 75% LTV five-year fixed rates now start from 4.59% with a 5% fee, with further options available from 4.82% with a 3% fee, 5.12% with a £4,000 fee, 5.22% with a £1,499 fee, and 5.34% with no fee.
 
Kensington has also lowered rates across its Prime HMO and MUFB range, with landlords now able to access five-year fixed rates at 75% LTV at 4.84% with a 5% fee and 5.09% with a 3% fee.

Rates across Kensington’s prime ‘eKo’ range have also been reduced. Available on properties with an EPC rating of A, B, or C, Kensington’s prime ‘eKo’ products offer rates 5bps lower than standard prime products.

“These latest changes to our BTL range strengthen our proposition across a broad range of landlord needs, from standard investment properties through to HMOs and MUFBs,” said Andy Bickers, commercial director at Kensington Mortgages.

“Our focus remains on making Kensington a lender that brokers can rely on, whether that’s through competitive pricing, specialist expertise or responsive support.

“By combining all three, we’re helping brokers secure the right solutions for landlord clients and progress cases with confidence.”

Post Comment

Close  ×