Kensington Mortgages has reduced rates across its Resi 12 and Resi 6 ranges, lowering pricing for borrowers with more complex credit profiles.
The lender confirmed on 26 February 2026 that rates across both ranges have fallen by up to 1.08%, with pricing available for purchase and remortgage borrowers up to 85% loan-to-value.
Within the Resi 12 range, two-year fixed rates now start from 5.31% and five-year fixed rates from 5.36%, both carrying a £999 fee. Kensington said rates in this range have been cut by up to 1.08%.
Across the Resi 6 range, rates have been reduced by up to 1.03%, with both two-year and five-year fixed rates now starting from 5.61%, also with a £999 fee.
The products are available with either a £999 fee or on a no fee basis. The no fee option includes a free valuation, while remortgage customers can choose between free legals or £250 cashback.
SPECIALIST CREDIT CRITERIA
The Resi 12 and Resi 6 products are designed for borrowers with more complex credit histories and are subject to defined criteria.
Under the Resi 12 criteria, applicants can have up to two unsecured credit arrears in the last 12 months, provided accounts are now up to date. They must have had no defaults in the past 12 months and no more than one in the previous 24 months, capped at £1,500.
Borrowers must also have had no missed secured loan or rent payment in the last 12 months and no more than one in the previous 24 months.
Resi 6 applicants are not subject to a maximum number of unsecured credit arrears, provided there have been none in the previous six months and accounts are up to date.
They must have had no defaults in the past six months and no more than one in the last 24 months, also capped at £1,500. No missed secured loan or rent payments are permitted in the past three months, with a maximum of one allowed in the last 24 months.
The Resi 6 range is not available to first-time buyers.
Andy Bickers, commercial director at Kensington Mortgages, said: “These latest rate reductions across our Resi 12 and Resi 6 ranges demonstrate our ongoing focus on supporting customers with more complex credit histories, ensuring they have access to specialised, affordable financing solutions.
“With Kensington, every case is assessed by a dedicated, mandated underwriter who takes the time to understand the applicant’s full circumstances, rather than relying solely on automated processes.
“This approach allows us to look beyond the headline credit profile and make fair, informed decisions that reflect the real story behind each application.”
