Kensington focuses on mortgages for people who struggle to borrow from mainstream lenders, for example those with bad credit.
Kensington mortgage customer ratings
We didn't receive enough responses from Kensington customers to include the lender in our 2021 mortgage lender reviews.
What kinds of mortgages does Kensington offer?
When we checked in September 2021, there were 190 mortgages available from Kensington, all of which were fixed-rate deals - meaning your interest rate will stay the same for a set period of time.
All of Kensington's mortgages came with an initial period of either two or five years.
Does Kensington offer the best mortgage deals?
Our experts analysed hundreds of mortgages over a four-week period in July and August 2021. They compiled a total of 206 ‘top-10 cheapest deal’ tables based on a variety of borrowing scenarios, and counted how many times each lender featured in a table.
The average number of times a lender made it into a table was 24, but Kensington didn't feature at all. (Data source: Moneyfacts.)
This is unsurprising, as bad-credit mortgages tend to have higher rates than more mainstream deals.
- Find out more: bad credit mortgages
Interest rates on Kensington mortgages
In September 2021, the average rate on a two-year fixed-rate mortgage from Kensington was 3.82%, compared to the overall market average of 2.38%.
How much can I borrow from Kensington?
Kensington will lend to first-time buyers and home movers at 65%,70%,75%, 80%, 85%, 90% and 95% loan-to-value. Remortgagers can borrow up to 90% loan-to-value.
Kensington doesn't publish its borrowing caps, so you'll need to speak to a broker about how much you might be able to borrow in relation to your annual salary.
Can I make overpayments?
Kensington doesn't allow overpayments on its mortgages.
How can I contact Kensington?
Kensington mortgages are only available through selected brokers, so you’ll need to contact a mortgage adviser to find out more.
Its website is kensingtonmortgages.co.uk.