Kensington Mortgages updates rates for more customer options

Kensington Mortgages has rolled out rate updates across its buy-to-let and residential mortgage ranges, aiming to offer more flexible solutions to customers.

The changes include new low residential loan-to-value (LTV) rates, with 6.19% for a 2-year fix and 5.89% for a 5-year fix at 65% LTV, and £500 cashback on purchase deals.

For buy-to-let, rates now start at 4.19% for a 2-year fix at 70% LTV, including free valuations.

Vicki Harris, chief commercial officer at Kensington Mortgages, said: “These updates represent our unwavering dedication to providing mortgage solutions that offer more options to customers.

“By collaborating closely with brokers, Kensington empowers borrowers to choose the most suitable loan, providing the flexibility needed to navigate individual financial circumstances.

“Our service, with an average processing time of just 11 days from application to offer, means that those looking to secure a deal before Christmas should be able to do so.

“As a trusted partner to our customers and brokers, we continue to set industry standards by prioritising flexibility, affordability, and customer satisfaction.”

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