Kensington cuts buy-to-let rates across core range

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Kensington Mortgages has reduced rates across its buy-to-let mortgage range, including its Prime, Core and eKo products.

Rates across Kensington’s Core products up to 80% LTV and Prime mortgages up to 75% LTV have been cut by up to 0.20%, including on HMO and MUB products.

The lender is now offering 75% LTV two-year Prime rates at 5.73% with no fee, 5.39% with a £1,499 fee, and 4.34% with a 3% fee.

It is also offering 75% LTV five-year Prime rates at 5.49% with no fee and 5.37% with a £1,499 fee.

Across its Prime eKo range, Kensington has reduced rates by up to 0.20% at up to 75% LTV.

This includes two-year 75% LTV Prime eKo rates at 5.68% with no fee, 5.34% with a £1,499 fee, and 4.29% with a 3% fee.

The lender is also offering 75% LTV five-year Prime eKo rates at 5.44% with no fee and 5.32% with a £1,499 fee.

Kensington said it would continue to offer a free valuation across all buy-to-let products.

Andy Bickers, commercial director at Kensington Mortgages, said: “These latest rate reductions reflect ongoing commitment to supporting landlords with competitive, flexible options.

“By lowering rates across our Core, Prime and eKo ranges, we’re ensuring brokers and their clients have access to a broad selection of products that suit a variety of needs and property types.

“It’s particularly important that we continue to provide strong value across both personal and limited company buy-to-let, and we’re pleased to offer the same competitive rates for limited company borrowers.

“Alongside our free valuations on all buy-to-let cases, these changes are designed to help landlords move quickly and with greater confidence in an evolving market.”

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