Kensington Mortgages has cut buy-to-let mortgage rates by up to 25bps across selected products, including its Prime, Prime eKo, Core, and HMO and MUB ranges, with reductions applying at both 75% and 80% LTV.
Within the Prime range, two-year fixed rates at 75% LTV now start from 3.49% with a 5% fee, with further options at 4.14% with a 3% fee and 5.63% with no fee. Five-year fixed rates at the same LTV tier now start from 4.59% with a 5% fee, with additional options available at 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.
Rates have also been lowered across the Prime HMO and MUB range, available to landlords in England, Scotland and Wales. Five-year fixed rates at 75% LTV are now available at 4.84% with a 5% fee and 5.09% with a 3% fee.
Landlords investing in more energy-efficient properties can access the Prime eKo range, which applies to properties with an EPC rating of A, B or C and offers rates 5bps lower than standard Prime pricing. Free valuations remain available across all products, covering both BTL and residential customers.
"These latest changes to our BTL range strengthen our proposition across a broad range of landlord needs, from standard investment properties through to HMOs and MUBs," said Andy Bickers, commercial director at Kensington Mortgages.
"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."
