Kensington offers new prime fixed rates
Kensington has shaken the market pattern by decreasing its Near
Prime fixed rate deals in an August introduction, which evidently
triggers its more destructive intentions under new parentage.
The fixed rates it offers are also being held on its Prime range.
Kensington the specialist lender is offering Near Prime fixed
rates from 5.94%, showing us that they have held their price
on all fixed rate products, Prime Self-cert and Prime Buy
to Let products.
Kensington’s late summer special offer a 70% LTV, 3-year
at 5.94%, from 80% LTV up to 6.03%, 6.29% up to 85% LTV and 6.44
per cent up to 90% LTV. Leaving Prime 2-year fixed rates available
from 6.39 per cent.
These half-price deals are obtainable for a limited time only
and are accessible both direct to brokers and through packagers,
giving all intermediaries a chance to benefit from Kensington’s
Director of Marketing at Kensington, Ian Giles commented: “5.94
for a 3-year Near Prime fixed rate in today’s environment
is a fantastic bargain and evidence that Kensington is willing
to buck the trend to give our customers what they want, either
direct or via our packager partners. These great products will
only be available for a limited period but they mark the shape
of things to come.”
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