Credit, Product & Criteria overview
Criteria overview
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Loan value
- Buy to Let up to 80% LTV
- HMO/MUB up to 80% LTV
- Northern Ireland up to 80%
- Unlimited background portfolio
- Maximum £2 million lending with
Kensington (inclusive of fees). This is combined
across Residential and standard Buy to Let
mortgages
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Buy to let
- No minimum income requirement for owner occupiers
- No maximum age
- First-time buyer, first-time landlord
- Let to Buy available
- Top slicing of personal and portfolio income
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Large portfolio
- Existing portfolio unlimited in size and value
- No Business Plan required
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Limited company
- Available on ALL buy to let products
- Maximum 4 directors with 100% shareholding
- Deposit via Directors loan or gift
acceptable. Intercompany Loans
considered where
directorship/shareholdings are identical
- Assessed as a separate entity for Portfolio landlord rules
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#KensingtonDifference
- No credit scoring, soft footprint search
- No upfront Application fees
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Product overview
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eKo £1,000 Cashback
- Evidenced by property moving to the next EPC banding OR an increase of at least 10 SAP points
- Up to 12 months to make the energy improvements and claim £1,000 cashback upon qualification
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eKo £500 Reward Mortgage
- £500 cashback on purchases for properties rated A, B or C for energy efficiency
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HMO/MUB
- HMO: Minimum valuation only £75,000
- MUB: Minimum 30 sqm & minimum value of £50,000 per unit
- Not available in Northern Ireland
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Property Plus
- Non-standard construction types considered following positive valuation
- For property types covered, view our lending criteria
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Tracker Mortgage
- Another Solution to help your clients
- 2 year variable rate Tracker
- Low ERC's: 1% during incentive period
Learn more
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