The panel adjustments are designed to enhance the lender's existing technological systems by increase its level of automation and developing a fitter operating model.
Brokers will subsequently have the choice of whether to do business with Kensington through one of the distributors on the panel, or direct by phone and online.
Panel members have been decided after assessing business volumes, technological capabilities and strategy. All will be granted exclusive access to Kensington’s products as well as closer account management and an overall enhanced service.
Keith Street, director of sales at Kensington said this should not come as a surprise after the lender made no secret of its plans for a strategic overhaul.
"We believe that the future of the specialist mortgage market lies in key accounts for both direct and packaged business, and by establishing the Kensington distribution panel we can ensure that all of our relationships receive the level of service that they deserve," he said.
He added that as soon as market conditions allowed it, Kensington would once again begin to expand its range.
Panel members include em-Financial and GHL Group.
