Kensington offers new prime fixed rates

2/08/2007

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 excellent products.

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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