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Kensington clear up speculation
21 August, 2007
Kensington is guaranteeing brokers that it has no plans to pull out of the adverse credit market.
This announcement comes as it develops its product ranges in both prime self-cert and prime buy-to-let mortgages.
Alison Hutchinson, chief executive of Kensington, said: “On 8 August, Kensington became a wholly owned subsidiary of South African investment bank Investec, and our position in the specialist mortgage market remains one of growth.”