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Kensington axes administration fees across range

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  • 30/04/2014
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Kensington axes administration fees across range
Kensington has removed administration fees from all products in its range and added new incentives such as free legals and valuations.

The specialist lender has cut the £195 administration charge from all its residential and buy-to-let products.

All products are now available with free valuations while all remortgage have free legals included.

Alex Hammond, head of marketing communications at Kensington, said: “As we move into a traditionally busy period for the mortgage market, Kensington is signalling its intent to deliver better value to mortgage intermediaries and their clients with specialist circumstances.

“We are particularly pleased to be able to introduce these incentives across our Buy to Let range and lower the upfront cost to landlords, whether they are making a first time investment or growing their portfolio.

“But there’s even more to come from Kensington, and we’re looking forward to introducing a brand new service promise to the intermediary mortgage market in the next couple of weeks.”

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