Kensington overhauls Buy to Let range

Specialist lender Kensington has overhauled its Buy to Let mortgage range, cutting rates by up to 0.50%, reducing its Completion Fee to 2.00% and offering customers the choice between this or a flat Completion Fee of £1,999.

Kensington's Buy to Let mortgages are available to first time and experienced landlords alike, with experienced landlords benefitting from no minimum income requirements and no overall portfolio limit. Loans are available up to £1 million and 2-year fixed rates now start at 4.14%.

Charles Morley, Head of Distribution at Kensington, says: "This month we have seen, for the first time in many years, house prices increasing in every region of the country, which is good news for property investors. And our new Buy to Let range provides them with more good news.
 
"Not only have we cut our rates and completion fee, but we are also offering intermediaries greater choice for their clients and our Buy to Let mortgages boast no minimum income for experienced landlords and no overall portfolio limit. The entire range can also be used for Let to Buy."
 
For more information about Kensington and its specialist mortgage products, visit the new website at kmc.co.uk.