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CML: Mortgage arrears and possessions conference at the The Midland Hotel, Peter Street, Manchester, M60 2DS
Kensington returns to lending
Kensington Mortgages has returned to lending, with exclusive distribution of a 2-year fixed rate Prime product to ARs of Legal & General, Openwork and Pink.
Commenting, Keith Street, head of Kensington, said: "Kensington has returned to the intermediary mortgage market, offering Prime products through a controlled distribution.
”The whole landscape of our industry has changed in the past two years and we have evolved to meet those changes. We have combined our expertise with the experience and strengths of our parent, Investec, and are ready to improve supply and choice for customers.
”Market recovery won't happen overnight and, as you might expect, we need to maintain a cautious approach. We remain committed to intermediaries and are dedicated to supporting the benefits of professional financial advice and clear information to assist customers in selecting the right mortgage for their needs."
Full details of Kensington’s product and proposition are available on its website: www.kmc.co.uk
- Perspective acquires PIMS
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- Treasury extends mortgage regulation
- FOREX demand from brokers
- L&G welcomes back Kensington
- Pink distributes for Kensington
- FLA urges Treasury to avoid “one size fits all”
- Patellis appointed CEO at Tiuta PLC
- CML has mixed response to regulation