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

Kensington Mortgages has reduced rates across its buy-to-let mortgage range by up to 25 basis points.  

The update applies across Kensington’s two and five-year fixed rates up to 80% LTV, including its prime and core ranges, including limited company. 

Kensington has also introduced a new £1,499 fee option to its core range, bringing it in line with the option already available on its prime range. 

As a result of their rate reductions, Kensington now offers two-year fixed 75% LTV rates at 2.99% with a 5% fee, 3.74% with a 3% fee, 5.29% with no fee, and 4.79% with a £1,499 fee. 

Other new rates include Kensington’s five-year fixed 75% LTV rates at 4.74% with a £4,000 fee, 4.32% with a 3% fee, 4.99% with no fee.

All Kensington buy-to-let products offer a free valuation, including its core and prime ranges, HMO and MUBs mortgages, and limited company products.

Andy Bickers, commercial director at Kensington Mortgages, commented: “These latest rate reductions reflect our ongoing commitment to supporting buy-to-let customers with both competitive pricing and a consistently high level of service. While rates matter, we know that certainty and delivery are just as important to brokers and their clients. 

"At Kensington, we don’t rely on credit scoring or charge any upfront application fees, with every case individually assessed by a dedicated underwriter from day one through to completion. This approach allows us to look beyond the numbers, understand each customer’s circumstances, and provide the certainty and service that brokers and landlords value in a changing market.”