The securitisation, which was increased in size due to strong demand, included £423m of AAA-rated bonds, priced at 0.95% over LIBOR.
In March Kensington closed its first securitisation in three years, raising £497m.
The lender will use the money to increase origination volumes.
Ian Henderson, chief executive at Kensington said: “The strong demand for this securitisation endorses the quality of collateral that Kensington is able to generate and gives us significant impetus in continuing to originate new assets by growing our lending volumes.
“Over the past 20 years Kensington has developed the experience and expertise to identify credit worthy individuals who do not fit mainstream criteria.
“We know that there is a real demand from customers who need a lender that is able to consider their individual circumstances and we plan to grow our business by meeting that customer demand.”