Kensington cuts buy-to-let rates by up to 0.25%

Kensington Mortgages has reduced rates by up to 25bps across selected 75% and 80% LTV products buy-to-let products, including its prime, prime eKo, core, and HMO and MUB ranges. 

For Kensington’s prime range, 75% LTV two-year fixed rates now start from 3.49% with a 5% fee, alongside options at 4.14% with a 3% fee and 5.63% with no fee. 75% LTV five-year fixed rates start from 4.59% with a 5% fee, with further options available from 4.82% with a 3% fee, 5.12% with a £4,000 fee, 5.22% with a £1,499 fee, and 5.34% with no fee.

Kensington has also lowered rates across its prime HMO and MUB range, available in England, Scotland, and Wales. Landlords can now access five-year fixed rates at 75% LTV at 4.84% with a 5% fee and 5.09% with a 3% fee. 

In addition, rates across Kensington’s prime eKo range have also been reduced. Available on properties with an EPC rating of A, B, or C, Kensington’s Prime eKo products offer rates that are 5bps lower than the standard prime rates, helping landlords investing in more energy-efficient properties to benefit from lower borrowing costs.

Alongside its refreshed pricing, Kensington continues to offer free valuations on all buy-to-let and residential products.

Andy Bickers, commercial director at Kensington Mortgages, commented: “These latest changes to our buy-to-let range strengthen our proposition across a broad range of landlord needs, from standard investment properties through to HMOs and MUBs.

“Competitive rates are only part of the picture, however. Brokers also need confidence that cases will be handled quickly and efficiently. That’s why Kensington continues to prioritise providing market-leading broker support, with brokers able to reach one of our desk BDMs in under a minute on average.

“Once a case is submitted, every broker is supported by a dedicated mandated underwriter who contacts them directly and remains a consistent point of contact throughout the application process, helping cases to progress as smoothly and quickly as possible.

“Our focus remains on making Kensington a lender that brokers can rely on, whether that’s through competitive pricing, specialist expertise or responsive support. By combining all three, we’re helping brokers secure the right solutions for landlord clients and progress cases with confidence.”