The first-time buyer deals include a two-year fixed rate at 4.79% up to 75% LTV and a two-year fixed rate at 5.69% up to 85% LTV, with fees of £699.
The range is intended to address the issue that many first-time buyers do not have extensive credit histories.
Charles Morley, head of sales and product development at Kensington, said: “If first-time buyers have not used credit cards or taken other forms of credit, this may impact their ability to pass a credit score and prove a barrier to securing a mortgage on their first home.
“We make lending decisions based on a customer, not a credit score. We are able to consider all of an applicant’s circumstances even if they do not have a significant file of historic activity with the credit rating agencies.”
In addition, Kensington has increased the maximum LTV on its prime range to 85% with rates from 5.49%, and introduced a range of five-year fixed rates for purchase and remortgage from 5.49% up to 60% LTV.
Kensington has also reduced interest rates across the lower LTV bands of its two- and three-year fixed rates, with rates from 4.29% up to 60% LTV for a two-year fixed and 4.79% up to 60% LTV for a three-year fix.
Meanwhile, its buy-to-let range has been expanded, with deals available up to 70% LTV with rates from 4.79% for a two-year fixed rate and 5.29% for a three-year fixed rate.
