Good news! Kensington have expanded their BTL offering to provide more options to your landlord clients.
Kensington are now offering greater affordability for your landlord clients requiring a simple income ratio proposition.
BTL Prime: the detail
- Available up to 70% LTV
- Assessed at Higher of Initial payrate or 5%
- Minimum property value requirement of £150,000
- Available to existing and first time landlords – including Limited Company and HMO/MUB
They’ve created a document with everything you need to know about BTL Prime. You can also visit the website to learn more.
BTL Core
Kensington’s BTL Core criteria is still available, where the assessment rate is bespoke by product. On BTL Core their minimum property value requirement is £100,000 and the maximum LTV is 80%.