News
Kensington reveals specialist mortgage range
As part of a rebrand, Kensington has launched a
Since returning to lending in November 2009, the specialist lender has expanded its mortgage range and now offers the following deals, exclusively through mortgage advisers:
The residential and buy-to-let categories are:
Self-Employed mortgages
•Decisions made on 1 year’s accounts
• Most recent year’s figures generally used
Complex income mortgages
• Up to 100% of regular overtime/bonus considered
• Up to 100% of second job income considered
• Pension and investment income allowable
Personal mortgages
• Lending decisions made by underwriters, not a credit score
• Limited credit history
First-time buyer mortgages
• Limited Credit History
• Free Valuations
• Loans available up to £500k
First-time landlord mortgages
• Rates from 4.39%
• Loans available up to £500k
• 2.5% Completion fee
Experienced landlord mortgages
• No maximum portfolio limit
• No minimum income • Rates from 4.39%
Let to buy mortgages
• Available for first-time landlords
• Available across the buy to-let range
Charles Morley, head of distribution at Kensington, said:
“Over recent years there has been a steady stream of developments which, while not significant in themselves add up, we believe, to a marked change in our business.
“Our relaunch is a mark in the sand. It signifies our renewed commitment to specialist lending.”