MortgagesFeb 16 2017

Kensington cuts rates on specialist distributor range

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Kensington cuts rates on specialist distributor range

Kensington is cutting the rates on its specialist distributor range by up to 0.55 per cent.

The range is only available through selected packagers and includes residential mortgages up to 90 per cent loan-to-value and specialist buy-to-let deals for houses in multiple occupation and multiple properties registered on a single title.

Steve Griffiths, director of sales and distribution for Northview Group, said: “Packager partners such as 3mc provide an invaluable service to brokers and we’re delighted to be making this range of specialist products available via them.

“The rate cuts mean our products represent even better value.” 

The rates on offer, which include two-, three- and five-year fixes, are being cut by up to 0.55 per cent.

Doug Hall, director of 3mc, said: “These exclusive packaged products not only give brokers access to very competitively priced higher LTV deals, but also specialist solutions for landlords wanting to finance HMOs and multi-units on one title.

“I’m sure both will prove to be very popular with both brokers and their clients.

Kensington specialises in lending to customers whose circumstances require special consideration including the self-employed and contractors as well as those whose credit situation or income requires individual assessment.

damian.fantato@ft.com