Kensington Mortgages has lowered rates and reduced arrangement fees across selected 90 and 95 per cent Loan To Value products.

For its 90% LTV products, Kensington has decreased rates by up to 55bps across its Select, Professional, Heroes, eKo, and Core ranges. Kensington has also reduced arrangement fees across all 90% LTV products from £1,299 to £999.

Kensington’s lowest Select 90% LTV for its two-, three-, and five-year fixed rates are now 6.89%, 6.59%, and 6.44% respectively, all of which include a £999 fee.

Rates on Kensington’s Hero Mortgage range remain 10bps below those of its Select range.

In addition, Kensington has lowered rates on selected 95% LTV products by up to 35bps. It has also lowered arrangement fees from £1,299 to £999 on all 95% LTV products.

Kensington’s lowest Select 95% LTV for its two-, three-, and five-year fixed rates are now 7.39%, 7.09%, and 6.94% respectively. All include a £999 fee. Kensington’s 95% LTV products also all offer a free valuation, including both fee and fee free products.

Kensington chief commercial officer Vicki Harris says: “Our decision to lower rates for selected 90% and 95% LTV products highlights our sustained commitment to meeting the needs of our customers as market conditions continue to evolve”.