In its prime range, for customers with no defaults in the last two years, the maximum loan size has been raised to £500,000.
In Kensington’s Prime One range, for customers with minor unsecured defaults or CCJs in the last two years which are now up to date, the maximum LTV has been increased to 75%, with a two-year fixed at 6.29% and three-year fixed at 6.69%.
Rates have been cut on Prime One deals at 70% LTV, with the two-year fixed at 5.89% and three-year fixed at 6.29%.
Charles Morley, head of sales and product development at Kensington, said: “We are aware just how much demand there is from borrowers who have been overlooked by the high street.
“These enhancements to the criteria on our residential products will help even more of those customers who have been left out in the cold by mainstream lenders, find a mortgage to suit their circumstances.”
