Kensington Mortgages has made rate changes across its residential and buy-to-let products, including a 2.99% rate up to 75% LTV on its two-year fixed rate residential mortgage.

As part of the changes, Kensington has also cut rates on its large loan products, with rates starting at 2.49%.

The lender, which is part of the Northview Group, has introduced reductions on its buy-to-let large loan range of 30 basis points (bps) to its one-year fixed rate at 70% LTV and 35bps and its two-year product, again at 70% LTV.

A rate of 2.99% at 75% LTV is also now on offer with Kensington’s one-year fixed rate residential large loan.

Steve Griffiths (pictured), director of sales & distribution at The Northview Group, said: “At Kensington, we are always focused on offering borrowers a competitive option in the specialist lending market, via the intermediary channel, and as part of that mission we are pleased to launch a sub-3% rate on some of our residential mortgages, including our large loan product.

“Offering great value deals remain at our core at Kensington, and today’s changes form part of a package that provides borrowers, whether they be self-employed or have multiple income streams, with a solution that recognises their real life circumstances.”