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.
Product Update – New BTL Prime
We are now offering greater affordability for your landlord clients requiring a simple income ratio proposition.
BTL Prime: the detail
– Available up to 70% LTV
– Assessed at Higher of Initial payrate or 5%
– Minimum property value requirement of £150,000
– Available to existing and first time landlords – including Limited Company and HMO/MUB
Our BTL Core criteria is still available, where the assessment rate is bespoke by product. On BTL Core our minimum property value requirement is £100,000 and the max LTV is 80%.