Kensington cuts rates

Kensington has also reviewed its product range and identified areas where it can reduce the cost of mortgages for customers who are overlooked by the high street. These include:
Residential
Up to 80 per cent LTV
• 2-Year Fixed: Cut by 0.25 per cent Now 5.44 per cent
• 3-Year Fixed: Cut by 0.25 per cent Now 5.84 per cent
Up to 75 per cent LTV
• 2-Year Fixed: Cut by 0.20 per cent Now 4.79 per cent
• 3-Year Fixed: Cut by 0.15 per cent Now 5.24 per cent
Buy to let
Up to 75 per cent LTV
• 2-Year Fixed: Cut by 0.20 per cent Now 5.49 per cent
• 3-Year Fixed: Cut by 0.20 per cent Now 5.99 per cent
Charles Morley, head of sales and product development at Kensington, says: "It must be incredibly frustrating for customers who are overlooked for a mortgage by the high street simply because their circumstances do not fit the mould.