
Kensington has doubled its maximum loan size to £500,000 up to 90 per cent loan-to-value and to £1m up to 75 per cent LTV.
In May, Kensington increased its maximum loan-to-value to 90 per cent and offered a limited tranche of lending through Legal & General Mortgage club. Before this, its maximum LTV was 85 per cent. Last week, it extended this range to the whole broker market.
Head of sales Charles Morley says: “Ultimately, this is all good news for mortgage intermediaries who will have more options for their clients and more opportunity to grow their business.”
Very nice, when are you going to start looking at lending in Scotland again?