Mortgage & Property Advice Centre for First Time Home Buyers

Kensington launches new 'specialist prime' self-certification mortgage

09-Feb-2007

Kensington Mortgages has announced the launch of a new specialist prime self-certification mortgage, which may be of interest to first time buyers.

The new self-certification mortgage offers a maximum loan-to-value (LTV) of up to 90 per cent, and does not require income verification; the mortgage does not specify a minimum trading period for the self-employed and is available to both first time buyers and repeat purchasers.

The mortgage provider has also launched new specialist prime and buy-to-let mortgage products, with LTV's of up to 95 per cent and 90 per cent respectively.

To find out more about this mortgage and other mortgages for first time buyers, click here.

"Kensington has always been synonymous with adverse credit lending so it might surprise people that we are launching a range of specialist prime products," said Ian Files, director of marketing at Kensington Mortgages.

"But it is our considerable experience of lending to borrowers with adverse credit that has taught us how to build products for customers [with specialised] circumstances," he added.

Specialist home loans from Kensington Mortgages are available exclusively from financial advisers and mortgage intermediaries.

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