The K1995 product, available on the Near Prime and Near Prime Max criteria offer applicants the opportunity to benefit from greatly reduced rates from those of the core range in exchange for a slightly higher arrangement fee. The arrangement fee can also be added to the loan on all schemes and there is no higher lending charge.
In addition, Optoma are also continuing to offer the entire core Kensington Adverse product range with a free valuation and legal incentives.
Chris Smith, Optoma’s new business manager, commented: “We are delighted to be able to offer our users greater choice and we believe these new products offer our users exactly that,”
Keith Street, director of sales at Kensington, said: “With the K1995 exclusive from Optoma, Kensington is showing that there are still great value products out there if you choose the right deal. This is just the start of more great things to come from Kensington and all of our customers can look forward to some exciting developments ahead."