Kensington Mortgages has introduced a range of rate cuts across its buy-to-let and residential ranges.
Rates have been cut by up to 0.3% across Kensington’s buy-to-let offering, with products now starting from 3.59% for a two-year fix at 75% loan-to-value (LTV) and 3.94% for a five-year fix rate.
Craig McKinlay, new business director at Kensington Mortgages, commented: “Our rate cuts reinforce our commitment to helping borrowers who are underserved and undervalued by high-street lenders and we’re confident these latest offerings will be welcomed.”
The latest move by Kensington Mortgages will be welcomed by many BTL landlords.
Kensington withdrew its buy-to-let purchase products during the Covid-19 outbreak.
Aside from withdrawing its buy-to-let purchase products, the specialist lender also pulled its buy-to-let purchase products and its eKo mortgage range which offers cashback for energy improvements made to the property.
Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions.
If any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals, then the post may be deleted and the individual immediately banned from posting in future.
Please help us by reporting comments you consider to be unduly offensive so we can review and take action if necessary. Thank you.
.png)
Join the conversation
Jump to latest comment and add your reply
This appears to be an advert pretending to be a news article. Come on, Landlord Today. You should not be doing this.
Please login to comment