Kensington Mortgages has made rate reductions across most of its residential mortgage range.

Its Select, Professional, Later Life, Core and Right to Buy (RTB) offering have all been cut by up to 0.15 percentage points.

For Kensington’s Select product range, interest rates now start at 2.34% for a two-year fixed product at 75% LTV. For young professionals, rates now start at 2.54% for a two-year fixed product and 3.24% for five-year fixed, all at 75% LTV.

Reduced rates are also available for Kensington’s Select Premier mortgage range for loans up to £2 million. Available in a one, two and five-year fixed product, rates start at 2.44% for one-year fixed (or 3.19% for five-year fixed) at 75% LTV.

New rates have also been announced for Kensington’s Help to Buy range across its two and five-year fixed products. Rates start at 3.49% (two-year) and 4.14% (five-year) at 75% LTV.

Craig McKinlay, new business director, Kensington Mortgages, said: “We’re feeling festive at Kensington, so ahead of Christmas, we’ve cut rates across our residential mortgage range. Providing borrowers and brokers with a wide range of products at competitive rates is our core focus.

“We help individuals find the right product – through taking the time to understand their circumstances and tailoring products specifically to them.

“Our rate cuts reinforce our commitment to helping borrowers are underserved and undervalued by high-street lenders to step onto the property ladder sooner rather than later.”