TMO unveils Kensington self-cert

The prime range includes a three-year fix at 6.89 per cent and a two-year fix at 6.99 per cent.

Self-cert borrowers can also opt for a two-year tracker at 6.94 per cent.

All are available to 90 per cent LTV and have a £1,999 completion fee which can be added to the loan above this maximum.

Wesley Greenhill, head of the new business desk at TMO said its members had been 'crying out' for a self-cert product with such a high LTV, predicting high demand.

Keith Street, Kensington's director of sales, added: "These exclusives prove that, even in the current environment, it is still possible to provide competitive high LTV products for customers with specialist circumstances.

"Brokers can be sure that Kensington will continue to work with its distribution partners throughout the year in finding solutions to meet their needs and those of their clients.”