Introducing Flexi Fixed for Term 

A long term fixed mortgage that lets you fix your mortgage term from 11 to 40 years and pay a single fixed monthly payment that stays the same for the duration of the loan.

How Flexi Fixed for Term works 

All you need to do is decide for how long a mortgage term you'd like to fix your rate - from 11 years all the way up to 40 years. You can choose any term in between for example, it could be 11, 16 or 26 years.

Whatever number of years you choose, you will pay a fixed interest rate which means that your monthly mortgage payment will stay the same for the duration of the mortgage term.

Then speak to your mortgage advisor who, based on your credit profile and deposit amount, will advise you how much you could borrow and what the fixed monthly mortgage payment will be – and remember, your monthly payment is fixed for the duration of the loan.

If you don’t have a mortgage advisor, you might want to contact Like Mortgage Advice* who can offer advice on Kensington’s products without any obligation or cost to you, both before and during the mortgage application process.

Please note, Like Mortgage Advice can only advise you on Kensington Mortgage products and do not advise on products provided by any other lenders.

You can call them direct on 0203 827 8940 or email them at

If you prefer, you can find your own broker by visiting where you’ll find a list of mortgage advisers to choose from.

*Like Mortgage Advice Limited is an appointed representative of Hawke Financial Services LLP, who are authorised and regulated by the Financial Conduct Authority (FCA Register No. 478284).

What’s in it for you

Extra peace of mind

With our Flexi Fixed for Term mortgage the interest rate stays the same for the duration of the loan, plus, there will be no need for you to arrange a new mortgage deal every few years. You’ll have the peace of mind that comes from knowing exactly what your monthly mortgage payment will be from the start to the end of your mortgage term.   

Available for First Time Buyers, Home Movers and Remortgagers

If you’re looking to buy your first home, you want to upsize or downsize, or you’re looking to remortgage your existing home, Flexi Fixed for Term could be the right choice for your circumstances.  

If you downsize, or upsize, take the mortgage with you

Life doesn’t always pan out the way we expect so if you decide to move to a smaller or bigger home, you can apply to take the Flexi Fixed for Term mortgage with you – and you won’t have to pay an Early Redemption Fee.   You can apply to ‘port’ your mortgage and take your fixed rate with you 12 months after your initial completion date.

Overpay by up 10% a year

We all dream of being mortgage free and with Flexi Fixed for Term, each year you can make overpayments of up to 10% of the original mortgage balance.  What’s more, you can start overpaying from the first day of your mortgage.

No Early Redemption Fees if you move home or repay the loan in full from your own savings or other investments

There’s always the worry with anything long-term that once you’re in, you won’t be able to change things unless you pay a fee. Well, that’s the benefit of our Flexi Fixed for Term mortgage because you can move home and take the mortgage with you or pay it off early and you won’t be charged an Early Redemption Fee (ERC).

The only time we’ll ask you to pay an ERC is if you remortgage to a new loan with Kensington or another mortgage lender, or if you choose to overpay your mortgage by more than your annual allowance of 10% in a given year. If you move house or use your savings or other investments to pay off the mortgage, no ERC will be charged.

Plus, to give you as much flexibility as possible, if your circumstances change you can also apply to see if you would be eligible for additional lending.

Could Flexi Fixed for Term be for you...

If you want the long term certainty of fixing your mortgage for between 11 and 40 years.

If you’re looking for the stability of a single monthly mortgage payment that stays the same for the duration of the loan.

If you don’t want to worry about interest rates going up in the future or having to remortgage.

A quick guide to the flexi fixed for term benefits

A fixed monthly payment that stays the same for the duration of the mortgage term.
It’s portable – if you move, take your mortgage and fixed rate with you
Overpay by 10% from Day 1
No Early Repayment Charges to pay if youmove home or repay the mortgage in fullfrom your own savings or other investments
Eligible Gifted Deposits from immediate family members accepted


  • Our Mortgage Calculator
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  • Guide to the mortgage process
    Our helpful guide takes you through the mortgage process from start to finish, so you'll know what to expect at every stage.
  • Before you apply
    We’ve put together a helpful list of some of the key things you and your adviser will need to consider before your adviser submits your application for a Kensington mortgage.
  • Why choose Kensington
    As a specialist mortgage lender, we know that no two people or their circumstances are the same. That's why we've always celebrated differences.
  • Getting advice and help
    How to get the advice and help you need to find the mortgage that may be suitable for your circumstances.

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