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Kensington lowers buy to let rates on new HMO.

14 November 2016

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Kensington Mortgages have lowered rates by an average of 50 basis points across their existing Buy to Let range. There's no minimum income requirements for existing landlords, no maximum portfolio limit, and their decisions are made by an experienced underwriter, not a credit score:

  • 2 Year Fixed Rates from 2.79% at 70% LTV with 1.50% Completion Fee
  • 3 Year Fixed Rates from 3.09% at 70% LTV with 1.50% Completion Fee
  • 75% and 80% LTV available from 2.99%

In addition, Kensington have enhanced their criteria to provide First Time Buyer Buy to Let, where the main residence is provided by the employer.

Kensington have also launched a range of HMO and Multi Unit Buy to Let products available exclusively to you through our specialist distributors:

  • HMOs up to 6 bedrooms
  • Freehold properties with up to 4 multiple units
  • 2 Year Fixed Rates from 3.39% at 65% LTV with 1.50% Completion Fee
  • 3 Year Fixed Rates from 3.69% at 65% LTV with 1.50% Completion Fee

There's no minimum income requirement and the products are available to existing landlords, with no additional experience requirements.

Specialist distributors with Legal & General Mortgage Club are AToM and Complete FS.

To find out more visit their intermediary website or call 0800 111 020

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