Kensington Mortgages has reduced rates across its residential range, cutting pricing by as much as 0.24% on selected products.

The changes apply across the lender’s Select range, including its Heroes, Professional, eKo and Own New Rate Reducer propositions, and cover two-year and five-year fixed rate products from 80% to 95% LTV.

At the upper end of the LTV spectrum, Kensington Mortgages is now offering two-year fixed rates at 90% LTV from 5.56% with a £1,999 fee, alongside five-year fixed rates at the same LTV from 5.72% with a £1,499 fee.

At 95% LTV, two-year fixed rates start from 5.81% with a £1,999 fee, while five-year fixed rates are available from 6.02% with a £1,499 fee.

The lender has also introduced no-fee options at 95% LTV, with a two-year fixed rate priced at 6.59% and a five-year fixed rate at 6.30%. These products include £1,000 cashback, with all 95% LTV mortgages coming with a free valuation and available for purchase only.

In addition to the wider residential cuts, Kensington has made deeper reductions within its Right to Buy range. Two-year fixed rates in this segment have been reduced by 0.50%, while five-year fixed rates have been cut by 0.15%.

Andy Bickers (pictured), commercial director at Kensington Mortgages, said: “These latest changes further strengthen the competitiveness of our Residential range, ensuring brokers and their clients can access attractively priced solutions across a wide range of LTVs.

“From first-time buyers to professionals and those purchasing with smaller deposits, we’re focused on delivering pricing that genuinely supports affordability in today’s market.

“But just as important as pricing is the certainty and support that underpin the Kensington experience – from swift turnaround times to direct access to our sales teams and dedicated underwriters.

“This combination of competitive pricing, specialist expertise and consistently high service standards is what continues to make Kensington a trusted partner for brokers supporting their residential clients.”