"By lowering rates across our Core, Prime and eKo ranges, we're ensuring brokers and their clients have access to a broad selection of products that suit a variety of needs and property types"
- Andy Bickers - Kensington Mortgages
Kensington Mortgages has cut rates across its buy-to-let range, with reductions of up to 0.20% on its Prime, Core and eKo products, effective 28 April.
Core products up to 80% LTV and Prime mortgages up to 75% LTV have both been repriced, including HMO and multi-unit block offerings. On the Prime range at 75% LTV, two-year fixed rates are now available at 5.73% with no fee, 5.39% with a £1,499 fee, and 4.34% with a 3% fee. Five-year Prime fixes at the same LTV start from 5.49% with no fee and 5.37% with a £1,499 fee.
The eKo range has also been updated, with Prime eKo products now available up to 75% LTV. Two-year fixed rates start from 5.68% with no fee, 5.34% with a £1,499 fee, and 4.29% with a 3% fee. Five-year eKo fixes come in at 5.44% with no fee and 5.32% with a £1,499 fee. Free valuations remain available across all BTL cases.
"These latest rate reductions reflect ongoing commitment to supporting landlords with competitive, flexible options," said Andy Bickers, commercial director at Kensington Mortgages.
"By lowering rates across our Core, Prime and eKo ranges, we're ensuring brokers and their clients have access to a broad selection of products that suit a variety of needs and property types."
"It's particularly important that we continue to provide strong value across both personal and limited company buy-to-let, and we're pleased to offer the same competitive rates for limited company borrowers. Alongside our free valuations on all BTL cases, these changes are designed to help landlords move quickly and with greater confidence in an evolving market."
