Kensington Mortgages fixed rate mortgages cheaper
www.moneynews.co.uk > Mortgages > Kensington Mortgages fixed rate mortgages cheaper
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Money News |
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Kensington Mortgages fixed rate mortgages cheaper
Fri 20th Jan 2006
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The mortgage lender has announced reductions on the mortgage rates of its near prime and very light adverse mortgage deals.
For the near prime range, rates start at 5.3 per cent for the two-year deal and 5.2 per cent for Kensington Mortgages fixed rate mortgages borrowed for three years.
The lender also cut the discounted mortgage rate on the near prime mortgage that is fixed for a year to 3.95 per cent.
Ian Giles, the marketing director at the lender, commented to Mortgage Introducer about the Kensington Mortgages fixed rate mortgages reductions, saying these cuts mean the lender now offers "an even more competitive product range".
He added that the reductions were prompted by uncertainty about interest rates.
All Kensington Mortgages fixed rate mortgages come without extended tie-ins and borrowers can choose to not pay any fees upfront.
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