Kensington Mortgages has entered the Buy-To-let market with a range of different mortgage packages in order to boost landlord’s portfolios.

Kensington who is an intermediary lender which provides mortgages through regulated financial advisers has launched today two year fixed rates at 5.69% and a three year fixes rate at 6.19%. The lender is targeting experienced landlords, which means proprietors who own more than two buy-to-let properties.

This step has been taken in order to push landlords to expand their portfolios with the opportunity to hold up to 10 properties or £2 million. “Kensington’s buy to let products are designed to help those landlords who have an appetite to increase their investment, with competitive fixed rates available up to 75% LTV.” said Charles Morley, head of sales and product development at Kensington.

Charles Morley says that:”The private rental sector is becoming an increasingly important form of housing in this country and buy-to-let investors have played a significant role in improving quality and affordability for tenants.

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