Credit, Product & Criteria overview

Criteria overview
Loan value BTL Core products up to 80% LTV BTL Prime products up to 75% LTV Northern Ireland up to 80% Unlimited background portfolio Maximum £2 million lending with Kensington (inclusive of fees). This is combined across Residential and Buy to Let mortgages
Buy to Let No minimum income requirement for owner occupiers No maximum age First-time buyer, first-time landlord Let to Buy available Top slicing of personal and portfolio income on BTL Core only
Large portfolio Existing portfolio unlimited in size and value No Business Plan required
Limited company Available on BTL Core and BTL Prime credit criteria Available on ALL Buy to Let products Maximum 4 directors with 100% shareholding Deposit via Directors loan or gift acceptable. Intercompany Loans considered where directorship/shareholdings are identical Assessed as a separate entity for Portfolio landlord rules
#KensingtonDifference No credit scoring, soft footprint search No upfront Application fees

Product overview
eKo £500 Reward Mortgage Available on BTL Core and BTL Prime credit criteria £500 cashback on purchases for properties rated A, B or C for energy efficiency
HMO/MUB Available on BTL Core and BTL Prime credit criteria MUB: Minimum 30 sqm & minimum value of £50,000 per unit Not available in Northern Ireland
Tracker Mortgage BTL Core credit criteria Another Solution to help your clients Variable rate Tracker Low ERC's: 1% during incentive period Learn more