All product options include two and three-year fixed and tracker rates. The self-cert range starts from 5.45 per cent fixed. There is no minimum trading period for self-employed, no income verification and up to 90 per cent loan-to-value (LTV). A verified self-cert option is also available up to 95 per cent LTV.
Buy-to-let fixed rates begin at 5.50 per cent, with rental assessment up to 110 per cent of the monthly pay rate. All have flexible features allowing overpayment, underpayment, borrow back and payment holidays. A fees-free option is also available, giving free valuations, free legals, and no higher lending charges.
Ian Giles, director of marketing for Kensington, said: “We have 12 years’ experience in the specialist market so people can be forgiven for thinking we’re just an adverse lender. We’re broadening to cater for any client with specialist needs.”
Rod Murdison, proprietor of Murdison & Browning, added: “Flexibility is a big deal and this is where Kensington will win. It has always tried to have unique selling points and is in a strong position due to its experience.”
