Kensington cut

Kensington Mortgages has made further rate cuts across its range. This follows fixed rate cuts made in August and the cut in the base rate to 4.50%. Keith Street, director of sales at Kensington Mortgages, says: “We’ve strengthened our range by reducing interest rates across our medium adverse range and most of our Right to Buy and buy-to-let products. It makes our rates some of the most competitive on the market in sub-prime. This is good news as a number oflenders were slow to pass on reductions after the base rate cut.”