Hopefully you will have had the opportunity to join Eloise Hall, Craig McKinlay and our guests for the New Build Forum where you will have heard exclusively, the exciting news that Kensington will be launching a brand new New Build product from tomorrow – the New Build eKo Reward Mortgage!
This is a New Build Purchase only residential mortgage product with £500 cashback payable after completion and is available up to 90% LTV. To qualify for the £500 cashback, properties need to have an EPC rating of A or B.
New Build eKo Reward Mortgage rates are the same as our existing eKo products and it also has no fee and a free valuation. Further details are shown below:
LTV | Fixed Term | Pay Rate | Rev Margin | Fee | Incentives |
75% | 2 Year | 3.94% | 4.30% | £0 |
|
5 Year | 4.34% | 4.00% | £0 |
| |
80% | 2 Year | 4.34% | 4.30% | £0 |
|
5 Year | 4.74% | 4.00% | £0 |
| |
85% | 2 Year | 4.79% | 4.50% | £0 |
|
5 Year | 5.19% | 4.20% | £0 |
| |
90% | 2 Year | 5.79% | 4.50% | £0 |
|
5 Year | 5.99% | 4.20% | £0 |
|