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Kensington refreshes buy-to-let range

Kensington Mortgages has revamped its buy-to-let range with the introduction of improved rental calculations and the removal of minimum income requirements for existing landlords.

Rental coverage has been reduced to 125% of 5.50% and the lender has introduced new options at 65% LTV, with rates from 3.39%.

The lender has also launched a limited distribution 80% LTV product, available from 4.29% through a group of networks and clubs.


In addition to this overhaul of its buy-to-let range, Kensington has made improvements to its residential mortgages with the introduction of five-year fixed rates and new LTV bandings, providing a greater selection of rates to meet customer requirements.

Steve Griffiths, head of sales and distribution at Kensington, said: “At Kensington, our lending decisions are made by experienced underwriters, not a credit score, and this is true for our buy-to-let mortgages too. 

“This means we can take a common sense approach to a landlord’s circumstances, including their portfolio size and income, as well as the property in which they are investing. In particular we feel that professional landlords who derive their total income from their property portfolio have limited options currently and we are keen increase our presence in this channel.

“With these latest changes we are stepping up our game in buy-to-let, providing new options for brokers and their landlord clients.”

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