"We’re feeling festive at Kensington, so ahead of Christmas, we’ve cut rates across our residential mortgage range."
Kensington’s select, professional, later life, core and right to buy products have all been cut by up to 0.15%. Premier large loans have decreased by 0.20% and Help to Buy rates will reduce by up to 0.35%.
Select rates now start at 2.34% for a two-year fixed product at 75% LTV. For young professionals, rates now start at 2.54% for a two-year fix and 3.24% for a five-year fix, all at 75% LTV.
Premier large loan rates now start at 2.44% fixed for one year, rising to 3.19% for five-years at 75% LTV.
Finally, Help to Buy rates start at 3.49% for two-year fixed rates and 4.14% for five-year products at 75% LTV.
Craig McKinlay, new business director at Kensington Mortgages, commented: “We’re feeling festive at Kensington, so ahead of Christmas, we’ve cut rates across our residential mortgage range.
"Providing borrowers and brokers with a wide range of products at competitive rates is our core focus. We help individuals find the right product – through taking the time to understand their circumstances and tailoring products specifically to them.
"Our rate cuts reinforce our commitment to helping borrowers are underserved and undervalued by high-street lenders to step onto the property ladder sooner rather than later.”