Kensington hikes one-year discount rate to 2%

Kensington has increased its one-year discount rate from 1.75% to 2% on all variable rate products.

Alastair Pate, director of marketing and strategy at Kensington, says: “We are continually looking to deliver value in the market. This offer demonstrates Kensington&#39s commitment to helping intermediaries serve their clients who require specialist mortgages.”