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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 is set at 3.79 per cent, having a 0.35 per cent discount. The product fees for both have been reduced from £1,299 to £499.

Meanwhile, the buy-to-let offer, available on a 75 per cent LTV, is set at 2.59 per cent on a two-year fix, having a 0.30 per cent discount.

Both offers close on Monday 5 November.

Kensington Mortgages new business director Craig McKinlay says: “This reinforces our commitment to supporting underserved borrowers across the UK, and we hope this extension continues to help intermediaries provide the best possible service and choice to clients, whatever their individual circumstances may be.”


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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 […]

lifetime lease purchases

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Lifetime lease purchase deals involve raising finance but not on current properties. Rather, they are taken out when consumers move home. They are called lifetime lease schemes. Although not identical to sell-and-rent-back options, they are unregulated too. Lifetime leases are designed for clients who want to move but either cannot afford to or don’t want […]


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