Kensington re-hiring ex-employees as lender takes off

Keith Street, head of Kensington, said he was delighted that so many people were willing to rejoin Kensington.

He said he was proud to be working with people who had handled the redundancy process so sensitively that staff affected wanted to return to work for the lender again.

Kensington was one of several intermediary specialist lenders forced to make staff cuts in 2007 as the credit crunch scuppered its ability to lend.

One of the returning Kensington employees is Brian Mooney, who now works in the lender’s business development unit.

His re-appointment followed a move into IT sales after being made redundant in 2007 by Kensington.

Mooney said: “I wanted to come back to Kensington because it’s a great company. I like the culture and the people who run it.

“There is so much mortgage industry experience all around the business and everyone is passionate about what they do. It’s really exciting to be involved with Kensington at the moment as we are growing the business and have really big plans for the future.”

Kensington recently launched a range of buy-to-let products to the intermediary market as well as offering residential mortgages to customers who may have had minor credit difficulties in their pasts.