Kensington Mortgages has lowered rates across its residential and buy-to-let mortgage ranges.
Rates have been reduced by up to 0.47% across Kensington’s residential Select and core ranges, including its Heroes, Professional, eKo, and Own New Rate Reducer products.
75% LTV two-year and five-year fixed rate mortgages now start from 4.86% with a £1,999 fee and 5.01% with a £1,499 fee.
Kensington has also introduced new special rates for its residential Select two-year fixed rate mortgages.
Available for both purchase and remortgage, rates start from 4.86% at 75% LTV, 5.04% at 80% LTV, 5.19% at 85% LTV, and 5.59% at 90% LTV. For purchase only, Kensington is now offering a 95% LTV product at 5.96%. All include a £1,999 fee and free valuation, with remortgage clients also receiving £250 cashback or free standard legals.
In addition, across both prime and core products, rates for five-year 75% LTV buy-to-let mortgages have been reduced by up to 0.10% while rates for five-year 75% LTV HMO and MUB mortgages have been cut by up to 0.20%.
A five-year 75% LTV buy-to-let prime mortgage with a £4,000 fee is now available at 4.83%, with no fee at 5.09%, and with a 3% fee at 4.49%. Five-year 75% LTV prime HMO and MUB mortgages start from 5.19% with a £4,000 fee, 5.54% with no fee, and 4.89% with a 3% fee.
All Kensington buy-to-let products also include a free valuation.
Andy Bickers, commercial director at Kensington Mortgages, commented: "These latest reductions reinforce our commitment to offering brokers and their clients some of the most competitive and thoughtfully structured products across residential and buy-to-let in the market.
"Yet, while pricing is important, it is the strength of Kensington’s end-to-end process that truly differentiates us. Our sales teams work closely with brokers to ensure their clients are matched with the right product from the outset, and our model of direct access to a dedicated underwriter provides clarity, speed, and confidence throughout the journey. This integrated approach remains central to the service our broker partners can expect from us today.”
