Specialist lender Kensington has relocated its head office from Reading to Maidenhead.
Acting as a hub for the recently announced Northview Group, the new office will also house teams working on Acenden Mortgage Servicing and New Street Mortgages.
The Northview Group is moving 400 employees to Maidenhead and aims to recruit around 100 more, with further growth planned for the future. Kensington has already received more than £1bn worth of applications this financial year (since 1 April 2015) and will further increase its lending in 2016.
Steve Griffiths, head of sales and distribution at Kensington, said: “This is another step which bolsters our ambition to grow as a business. 2015 was a successful year for Kensington, and we look forward to building on this success further in 2016. Moving to Maidenhead will feed into this goal by providing the business with more room to expand, whilst also leading to an improved working environment for existing employees, with all components of the Northview Group based in one site.
“Kensington has exciting plans for 2016, which will provide more opportunity for customers whose chances of getting a standard mortgage have been hindered by the complexities of life and, consequently, more opportunity for brokers to place their difficult cases. This move gives us a great platform to launch those plans and make complex applications even more straight forward.”