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Kensington Mortgages appoints Jayne Almond as new chair

Kensington Mortgages has appointed Jayne Almond as its new chair.

Almond, who will succeed Tim Breedon, has worked for a many years in financial services. She founded specialist mortgage lender Stonehaven in 2005 and held the role of chief executive and chairman for nine years.

She has also worked for Lloyds TSB, where she was managing director for European Internet Banking, and was director of business development for Barclays UK retail bank.

Kensington is part of The Northview Group. Breedon says: “The specialist mortgage market is booming due to profound socio-demographic shifts; in particular, the rise of the self-employed and multiple income workers and an increase in demand for mortgages for over 55 year olds.

“[This] appointment signals our desire to grow rapidly to meet this demand.”


Kensington Mortgages extends resi and BTL offer

Kensington Mortgages has announced that is has extended its limited offer discount offer that applies to its residential ‘Select’ and buy-to-let range of products. The  residential products at 85 per cent LTV have a 0.20 per cent discount – leaving them at 3.39 per cent – over a two-year fixed rate, while the five-year rate […]

Kensington expands new build service offering

Kensington Mortgages has launched an enhanced service promise for all new build mortgage products across its range offering case underwriting within 48 hours and offers within 21 days. The new offering will allow borrowers with complex circumstances to meet more demanding timeframes when looking to purchase a new build. New build cases will be processed […]

Kensington introduces 95% LTV deal in product shake-up

Kensington Mortgages has announced changes across its range of residential and buy-to-let mortgages alongside the introduction of a new 95 per cent LTV residential mortgage. The new “Residential Select” mortgage will be available in two-year and five-year flavours, with rates for the former starting at 4.64 per cent. Meanwhile, product changes include fixed term rates […]

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FCA publishes fair pricing paper

The Financial Conduct Authority has launched a public debate on the fairness of certain pricing practices in financial services, including the mortgage market. The regulator is asking for comments on its published discussion paper, Fair Pricing In Financial Services, to be submitted by 31 January 2019. The FCA is focusing the debate two key pricing […]

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