Kensington Mortgages today announces that it has cut rates across its BTL mortgages, including its Prime, Core, and eKo products.
Rates for Kensington’s Core products of up to 80% LTV and Prime mortgages of up to 75% LTV have both been lowered by up to 0.20%, including for Kensington’s HMO and MUB products.
Notably, Kensington now offers 75% LTV two-year Prime rates at 5.73% with no fee, 5.39% with a £1,499 fee, and 4.34% with a 3% fee. It also now provides 75% LTV five-year Prime rates at 5.49% with no fee and 5.37% with a £1,499 fee.
For Prime eKo products, Kensington is now offering up to 75% LTV with reductions of up to 0.20%. This notably includes two-year 75% LTV Prime eKo rates at 5.68% with no fee, 5.34% with a £1,499 fee, and 4.29% with a 3% fee. In addition, Kensington now offers 75% five-year Prime eKo rates at 5.44% with no fee and 5.32% with a £1,499 fee.
For all BTL products, Kensington continues to offer a free valuation.
Andy Bickers, Commercial Director at Kensington Mortgages, commented: “These latest rate reductions reflect ongoing commitment to supporting landlords with competitive, flexible options. 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.”