Here is the latest release from Kensington. Remember we offer these products via Fees Free Packaging or direct to lender. For product details see their Residential Product Guide or their BTL Product Guide.
Important news: Sale of Kensington Mortgages to Barclays Bank UK PLC
In June 2022, we announced that Barclays Bank UK PLC (Barclays Bank UK) had agreed to acquire Kensington Mortgages, subject to regulatory approval. Today, the sale was completed, and I am delighted to inform you that we are now part of the Barclays Group of companies.
What this means for Kensington
In practice, the sale means that Kensington will remain a largely standalone, and separately regulated business, and our day-to-day operations will continue as usual. The Kensington brand will remain, as will our tradition of developing innovative mortgage solutions to help borrowers find the best products for their needs in the fast-evolving and growing specialist lending market.
The financial strength and reach that Barclays provides will enable us to access new funding opportunities to increase our competitiveness within the category and support our ambitious growth plans as we look to expand our product offering to target more segments of borrowers with complex circumstances. Our ability to address a wider market need will mean greater choice for your brokers and our existing and prospective customers.
Nothing will change in the way we do business with you
We want to reassure you that you will see no change to the way we currently operate. Your brokers will still be able to access our products and services in the same way and our existing national accounts and sales team will continue to provide the first-class service and support you have come to expect from us. We understand that your brokers may have some questions about the sale, so we’ve put together a special page with more information and some FAQs on our website. This will also be communicated directly from us to them.
As we start this exciting next stage of the Kensington journey, I would like to take this opportunity to thank you for your continued support and partnership.
Product Update
Our reprice is now live!
Including rate reductions across all of our standard products.
Don’t forget our Special Edition products are still live too
With Residential starting from 4.79% (Large Loan Product) and Buy To Let starting from 4.99%.