Within its Select range, which includes its Heroes, Professional, eKo and Own New Rate Reducer deals, pricing has fallen by around 0.25%. This applies to two- and five-year fixed rates between 80% and 95% loan to value (LTV).
The lender will apply two-year fixed rates at 90% LTV priced at 5.56% with a £1,999 fee, five-year 90% LTV rates from 5.72% with a £1,499 fee, two-year 95% LTV rates from 5.81% with a £1,999 fee and five-year 95% LTV rates from 6.02% with a £1,499 fee.
Kensington Mortgages’ two-year 95% LTV deal is priced at 6.59% and its five-year rate comes to 5.63%. Both have no fee and £1,000 cashback, and all 95% LTV deals come with a free valuation.
The firm’s Right to Buy two-year fixed rate has been lowered by 0.5%, while its five-year fixed rates have been cut by 0.15%.
Andy Bickers, commercial director at Kensington Mortgages, said: “These latest changes further strengthen the competitiveness of our residential range, ensuring brokers and their clients can access attractively priced solutions across a wide range of LTVs.
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“From first-time buyers to professionals and those purchasing with smaller deposits, we’re focused on delivering pricing that genuinely supports affordability in today’s market.
“But just as important as pricing is the certainty and support that underpin the Kensington experience – from swift turnaround times to direct access to our sales teams and dedicated underwriters. This combination of competitive pricing, specialist expertise and consistently high service standards is what continues to make Kensington a trusted partner for brokers supporting their residential clients.”
Last month, the firm lowered pricing across its buy-to-let (BTL) mortgage range and introduced £1,499 fee options.
