Legal & General Mortgage Club members now have access to six exclusive residential deals from Kensington Mortgages.

The Residential Select Premier Large Loan products will be available to members of Legal & General Mortgage Club from today, covering one, two and five year fixed-rate mortgages and LTVs of 80% and 85%. Rates start from 3.04% for a one-year fixed rate mortgage at 80% LTV and a maximum loan value of £2,000,000. The products are aimed at providing better access to larger loans for borrowers whose circumstances don’t fit with traditional credit scoring, but who could benefit from the manual underwriting of lenders like Kensington.

Danny Belton, head of lender relationships at Legal & General Mortgage Club, said: “The Kensington of today has a refreshing approach when it comes to understanding customers. Through this new lens, and with the use of data, they are able to offer great products that really meet the needs of those customers who want to borrow larger amounts and higher LTVs.

“It’s great to see lenders like Kensington spotting these opportunities and we’re excited to work together with them to further build and support this proposition.”

Craig McKinlay, new business director at Kensington Mortgages, added: “Society is changing, and the mortgage market has struggled to keep pace with all of those changes. With affordability still a big issue in many parts of the country, there are lots of people with good jobs and good career prospects who may need a higher LTV mortgage to remortgage or find a larger home that can support a growing family. There are also more self-employed people and contract workers, who sometimes struggle to find a mortgage.

“We use a combination of data analytics, and manual underwriting, to look at each individual on a case by case basis. We are delighted to be able to bring these products to more people through the Legal & General Mortgage Club.”