Branded lender and packager County Mortgage Services has appointed Kensington Mortgages to its lending panel, taking its total to 17.
David Wylie, managing director of County Mortgages, says: “It will enhance our ability to provide solutions to our introducers enquiries as we believe Kensington Mortgages offer niche areas of criteria in the sub-prime market that were previously unavailable to us.”
To celebrate the appointment of Kensington Mortgages, County Mortgages will be offering a refund of valuation (post-completion) on all applications received between now and August 31 2004.
Tristan Pile, sales director at County Mortgages, says: “We believe this incentive will encourage our introducers to use Kensington Mortgages. They will see the benefits of dealing with a lender that has a common sense approach to underwriting. The recent reduction in loadings of up to 0.75% and the extension of their 2% discount across all products also shows that Kensington Mortgages are keen to stay competitive and attract business in all areas of the sub-prime market.”
Keith Street, director of sales at Kensington, says: “Kensington Mortgages is delighted to join County Mortgage's panel of lenders. Our expertise in the non-conforming sector means that we can offer County's intermediaries expert advice and guidance, including our award-winning regulation packs and products across the range from very low adverse to high adverse, including Right to Buy and buy-to-let products.”