You may have already seen, however I wanted to contact you personally to make you aware of a repricing at Kensington, which I hope will be especially good news regarding both your New Build & Buy to Let business
We are reducing our help to buy rates on both our 2 year and 5 year offering on TUESDAY 18th FEBRUARY, something I envisage will be great news for your advisory colleagues, and indeed their clients. The reductions will see our rates on 2 Year products reduce by 0.2%, and 5 Year products reduce by 0.25%! New Rates are as follows;
Help to Buy England & Wales
- 2 Year Fixed Rate – 3.29%, £999 Completion Fee
- 5 Year Fixed Rate – 3.89%, £999 Completion Fee
Help to Buy Scotland
- 2 Year Fixed Rate – 3.59%, £999 Completion Fee
- 5 Year Fixed Rate – 4.04%, £999 Completion Fee
We have also amended our criteria on Buy to Let minimum loan requirements, reducing this to £25,001, so once again, providing more good news for advisers and their clients in addition to lending up to 85% LTV to both Individual and Limited Company investors.
See our Residential product guide here and out buy to let product guide here.