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’ve made further reductions to rates within our BTL range, for your landlord clients, including limited company. The details are below, and you’ll find all available products and rates in the BTL product guide.
Prime
Assessed at higher of Initial payrate or 5%
5 year fixed, 75% LTV, 4.84%, £4,000 fee and free valuation
Core
Assessment is bespoke by product, taking into account current and expected future rates. Allows HRTP to benefit from lower ICR by using surplus earned or portfolio income.
5 year fixed, 75% LTV, 5.04%, £4,000 fee and free valuation
Key Criteria:
• Suitable for purchases, remo and let to buy
• No maximum age at term end – with terms up to 40 years available
• Unlimited background portfolio accepted – with assessments based on the entity we are lending to
In Northern Ireland, the maximum loan size is £500k. Products are subject to availability and the ‘free legals’ incentive does not apply.