Instead the lender is introducing tranches of funds across its entire product range, which brokers will need to 'book' when making an application.
As a result, due to the lag time involved with paper applications and the finite nature of the funding changes, all applications will now need to be submitted online.
Additionally, all applications are now under a 4.30pm daily deadline. Failure to meet this deadline will result in the non-allocation of funds.
Intermediaries are urged to contact their BDM if they have any questions regarding these changes, or direct their enquiry to Kensington's Business Development Unit on 0800 111 020.
