Connect adds Kensington to panel
Connect for Intermediaries is the latest specialist distributor to partner with Kensington.
Kensington was recently added to the panels of Residential Home Loans, 3mc, Complete FS, AToM and Brightstar.
Connect will offer Kensington’s full range in addition to a 90% loan-to-value residential semi-exclusive.
Liz Syms, chief executive at Connect for Intermediaries, said: “We are really looking forward to working with Kensington on distributing its specialist residential and buy-to-let mortgages, to the benefit of both our appointed reps and directly authorised brokers who utilise our packaging services.
“Through us, brokers will now be able to access all of Kensington’s core mortgage range as well as its 90% LTV Residential semi-exclusive, and we will be working with Kensington on introducing enhancements to its Buy to Let proposition in the future.”
Kensington is also able to lend up to 80% LTV on buy-to-let, with decisions made by underwriters rather than a credit score so it can look at cases that have been declined by other lenders.
There are no minimum income requirements for existing landlords.
Steve Griffiths, head of sales and distribution at Kensington, said: “Connect for Intermediaries has established a reputation for expertise in buy-to-let and we are looking forward to working with the team on developing and introducing new buy-to-let products in the coming months.
“This is another important step in the growth of our specialist distribution channel and the growth of our business.”