Kensington Mortgages has made rate reductions across most of its residential mortgage range.
Kensington’s select, professional, later life, core and right to buy offerings have all been cut by up to 0.15%.
Craig McKinlay (pictured), new business director at Kensington Mortgages, said: “We’re feeling festive at Kensington, so ahead of Christmas, we’ve cut rates across our residential mortgage range.
“Providing borrowers and brokers with a wide range of products at competitive rates is our core focus.
“We help individuals find the right product – through taking the time to understand their circumstances and tailoring products specifically to them.
“Our rate cuts reinforce our commitment to helping borrowers are underserved and undervalued by high-street lenders to step onto the property ladder sooner rather than later.”
For Kensington’s select product range, interest rates now start at 2.34% for a 2-year fixed rate product at 75% LTV.
Within the young professionals range, rates now start at 2.54% for a 2-year fix and 3.24% for 5-year fixes, all at 75% LTV.
Reduced rates are also available for Kensington’s select premier mortgage range for loans up to £2m.
Within this range at 75% LTV, rates start at 2.44% for a 1-year-fix and 3.19% for a 5-year-fix.
The lender has launched new rates to its Help to Buy range across its 2 and 5-year fixed rate products.
At 75% LTV rates start at 3.49% for a 2-year fix and 4.14% for a 5-year fix.