Kensington Mortgages has reduced rates across its buy-to-let (BTL) range, including its prime, core and eKo products.
Rates for core products up to 80% loan-to-value (LTV) and prime mortgages up to 75% LTV have been cut by up to 0.20%, including for house in multiple occupation (HMO) and multi-unit block (MUB) options.
Kensington is now offering 75% LTV 2-year prime rates at 5.73% with no fee, 5.39% with a £1,499 fee, and 4.34% with a 3% fee.
5-year prime rates at 75% LTV are now 5.49% with no fee and 5.37% with a £1,499 fee.
Prime eKo products up to 75% LTV have also seen reductions of up to 0.20%.
2-year 75% LTV prime eKo rates are now 5.68% with no fee, 5.34% with a £1,499 fee, and 4.29% with a 3% fee.
5-year prime eKo rates at 75% LTV are 5.44% with no fee and 5.32% with a £1,499 fee.
A free valuation is available on all BTL products.
Andy Bickers, commercial director at Kensington Mortgages, said: “These latest rate reductions reflect ongoing commitment to supporting landlords with competitive, flexible options.
“By lowering rates across our Core, Prime and eKo ranges, we’re ensuring brokers and their clients have access to a broad selection of products that suit a variety of needs and property types.
“It’s particularly important that we continue to provide strong value across both personal and limited company buy-to-let, and we’re pleased to offer the same competitive rates for limited company borrowers.”
Bickers added: “Alongside our free valuations on all BTL cases, these changes are designed to help landlords move quickly and with greater confidence in an evolving market.”