View more on these topics

Kensington issues £350m securitisation

Money-Notes-Currency-GBP-700.jpg

Kensington Mortgages has issued a new £350m securitisation.

The loans in the pool have an average LTV of 72 per cent and 19 per cent of them are buy-to-let.

The Northview Group, which is made up of Kensington and New Street Mrotgages, has now securitised a total of £4bn through six deals.

Northview Group capital markets director Alex Maddox says: “This means that, in the past 15 months, we have successfully securitised assets worth more than £4bn. This is testament to the level of investor appetite for quality assets and the quality of assets that we are generating. We will continue to grow our lending business in 2016 and look forward to more activity in the capital markets in the coming months.”

Recommended

Money-Cash-20-Note-Currency-GBP-700x450.jpg

Kensington adds 3mc to panel

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 […]

Sign-Signing-Letter-Contract-Business-700.jpg

Complete FS signs Kensington to lender panel

Packager Complete FS is adding Kensington to its lending panel. Complete FS will provide Kensington’s range of residential and buy-to-let products, as well as a 90 per cent LTV residential product. Rates on the 90 per cent product start at 4.89 per cent for a two-year fixed rate and 5.19 per cent for a three-year […]

Packaging wrapping

AToM signs deal with Kensington

Specialist packager AToM is now introducing business to Kensington Mortgages. AToM is offering products with rates from 3.59 per cent, no credit scoring, a self-employed range and free valuations on some products. Kensington Mortgages head of sales and distribution Steve Griffiths says: “This is a really important partnership for us and we are looking forward […]

Newsletter

News and expert analysis straight to your inbox

Sign up