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
Less-than perfect credit doesn’t have to mean less options
We’re pleased to announce a new criteria range, Resi 12, providing even more options for your clients, including first time buyers.
Resi 12: criteria overview
- Defaults acceptable if none in 12 months. 1 in 24 months, max of £1.5k
- Secured loan / rent arrears acceptable if older than 12 months
- Unsecured credit arrears acceptable if maximum of 2 in last 12 months
- DMPs and payday loans – both can be acceptable if older than 12 months
- Maximum 85% LTV / Incentives available
For all the detail, please view our Credit History Guide
And there’s more good news:
We have reduced our pricing across almost all of our Residential and Buy to Let (including Limited Company) products, available from today.
Product Transfers:If you have submitted a PT which has not yet completed, you can check to see if your client could benefit from one of our latest products by calling the BDU team on 0800 111 020.
To view our full range of products, including the new rates and Resi 12, please see the product guides below.