Kensington Flexible Right to Buy mortgage range launched
www.moneynews.co.uk > Kensington Flexible Right to Buy mortgage range launched
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Money News |
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Kensington Flexible Right to Buy mortgage range launched
Mon 10th Apr 2006
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Products are available with two-year fixed or discount rates from 5.79 per cent and three-year fixed-rates from 5.69 per cent.
The flexible option on the mortgages enables customers to overpay to save on interest, with the option to draw down this overpayment should they require extra funds in the future, as well as payment holiday and underpayment facilities.
No higher lending charges will be placed on any of the Kensington Flexible Right to Buy mortgage range and there will be no early repayment charge overhangs on the two or three-year products.
Ian Giles, director of marketing for Kensington, said: "Our Flexible Right to Buy range to 90 per cent LTV is another significant development for us and for specialist packagers and brokers."
Right to buy options will be available in the product range for all adverse credit situations.
