Emma Hollingworth, director of mortgages at SimplyBiz Mortgages, commented: “Adding Kensington to our lender panel shows our member firms that SimplyBiz Mortgages is dedicated to offering our advisers the greatest possible proposition. Kensington will look at cases that other lenders may turn away which is a significant benefit for our members at this time. Kensington’s products are designed to meet a range of different, non-standard profiles and are only available through brokers.”
Hollingworth continued: “At SimplyBiz Mortgages, we are continuously looking to improve our mortgage club in every way possible, the recent additions of Kensington and Aldermore to our lender panel shows our member firms that we are finding lenders who can offer a solution for those hard to place mortgage cases.”
Charles Morley, head of sales at Kensington, added: “While many lenders rely on automated decisions, Kensington makes its decisions based on a customer’s circumstances, not their credit score. This means that we are able to consider more complex cases, such as self-employed applicants with 12 months trading history, or customers who receive significant bonus or commission income. We are really pleased that we are able to make this intelligent approach to lending available to members of SimplyBiz Mortgages.”