Brilliant Solutions

Kensington Update

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.

WE’RE RELAUNCHING OUR HELP TO BUY MORTGAGES

We’re pleased to inform you that we are relaunching our Help to Buy range. Products are available now on the broker portal and your sourcing system of choice.

Key criteria:

  • Loans available up to 75% LTV
  • Available on 2 and 5 year fixed rates
  • Available in England, Wales and Scotland

Help to Buy schemes – what’s changed?

There has been a lot of changes recently with the Government Help to Buy schemes, so we’d like to provide some clarity on which schemes you can use these products for:

Scheme

Who’s it for?

Help to Buy England

First Time Buyers purchasing a property on the new scheme.

Anyone remortgaging an existing Help to Buy property.

Help to Buy Wales

Anyone purchasing or remortgaging a property under Help to Buy.

Help to Buy Scotland

Anyone purchasing a property under the main Help to Buy scheme who has already submitted their Help to Buy application (closing date was 5th February 2021).

Anyone purchasing a property under the Help to Buy smaller Developers Scheme.

Anyone remortgaging an existing Help to Buy property.

Find out how we can support your clients applying for the new Help to Buy scheme.

THE CORE RANGE IS BACK

We’re excited to share that we’ve relaunched our Core range. Core products are available NOW on the broker portal and your sourcing system of choice.

Key Criteria:

  • Defaults acceptable if older than 24 months
  • Secured loan arrears acceptable if older than 24 months
  • CCJs accepted if registered more than 24 months ago

Loans on our Core range are available up to 80% for Residential*, and 75% for Buy to Let.

For all of the details, download the latest version of the relevant product guide.

*75% LTV in Northern Ireland.

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