Kensington Mortgages has unveiled a wide slate of rate cuts across its residential and buy-to-let (BTL) products.
The lender confirmed that rates have fallen by up to 0.47% across its residential Select and Core ranges, covering its Heroes, Professional, eKo and Own New Rate Reducer products.
2-year and 5-year fixed mortgages at 75% loan-to-value (LTV) now start from 4.86% with a £1,999 fee and 5.01% with a £1,499 fee.
Kensington has also rolled out new Special rates for its residential Select 2-year fixes.
For both purchases and remortgages, pricing now sits at 4.86% for 75% LTV, 5.04% for 80% LTV, 5.19% for 85% LTV and 5.59% for 90% LTV.
Purchase customers can access 95% LTV at 5.96%.
All Special products include a £1,999 fee and free valuation, while remortgagers also receive £250 cashback or free standard legals.
In the BTL range, 5-year 75% LTV mortgages across Prime and Core products have been reduced by up to 0.10%, with houses in multiple occupation (HMO) and multi-unit block (MUB) equivalents cut by up to 0.20%.
Kensington’s 5-year 75% LTV BTL Prime options now price at 4.83% with a £4,000 fee, 5.09% with no fee, and 4.49% with a 3% fee.
HMO and MUB versions stand at 5.19% with a £4,000 fee, 5.54% with no fee, and 4.89% with a 3% fee.
All BTL deals include free valuations.
Andy Bickers, commercial director at Kensington Mortgages, said: “These latest reductions reinforce our commitment to offering brokers and their clients some of the most competitive and thoughtfully structured products across residential and buy-to-let in the market.
“Yet, while pricing is important, it is the strength of Kensington’s end-to-end process that truly differentiates us.
“Our sales teams work closely with brokers to ensure their clients are matched with the right product from the outset, and our model of direct access to a dedicated underwriter provides clarity, speed, and confidence throughout the journey.
“This integrated approach remains central to the service our broker partners can expect from us today.”
