Kensington has launched a range of buy-to-let products aimed at existing landlords looking to expand their portfolio.
The new products are available up to 75% LTV, with two-year fixed rates at 5.69% and thre-year fixed rates at 6.19%. The arrangement fee on these deals is 2.50%.
Kensington is targeting experienced landlords who already have at least two buy-to-let properties. It will allow investors to hold up to 10 properties or £2 million with Kensington.
Charles Morley, head of sales and product development at Kensington, said: “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. But tenant demand is growing and as the property market recovers