Kensington adds 3mc to panel

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Kensington has added mortgage distributor 3mc to its panel.

The distributor is also launching a 90 per cent LTV residential mortgage with no packager fee.

The deal is being offered with the choice of a 4.89 per cent two-year fix or 5.19 per cent three-year fix.

The product is also being made available through 3mc’s network partners Home Loan Partnership, The Right Mortgage and Protection Network and Sesame and to directly authorised members of the PMS Mortgage Club.

3mc director Doug Hall says: “It’s great to be able to offer our intermediaries a specialist mortgage up to 90 per cent LTV and we are making this product even more accessible by waiving our packaging fee for a limited time only.

“There is also an option providing a free valuation, no completion fee and free legals on remortgages.

“This is the start of an exciting new partnership with Kensington and we are looking forward to working with such an innovative lender to deliver new solutions for brokers’ hard to place cases.”

Kensington head of sales and distribution Steve Griffiths says: “Placing a complex case doesn’t have to be difficult and packagers like 3mc are an important resource in helping brokers satisfy the needs of more of their clients.

“We are really looking forward to working with 3mc and developing new products to provide more options for their introducers in the future.”