Complete launches 90% LTV self-certs

Monday, 07, Jan 2008 02:29

Complete Mortgage & Loan Services is launching a range of prime self-cert mortgages from Kensington.

The self-cert mortgages are available for mortgages up to 90 per cent loan-to-value (LTV) and start with a three-year fixed-rate deal at 6.89 per cent.

Other mortgages in the range include a two-year fix at 6.99 per cent and a two-year tracker at 7.19 per cent.

Each product has a £1,999 completion fee that can be added to the loan above the maximum LTV.

Keith Street, director of sales at Kensington, said: "2007 was undoubtedly a tough year for the mortgage market, but Kensington is working with Complete Mortgage & Loan Services in providing a really positive start to 2008.

"We are delighted to launch these exclusive deals which prove that, even in the current environment, it is still possible to provide competitive high LTV products for customers with specialist circumstances."

He added there were limited funds available for the self-cert mortgages products, but Kensington would continue to work with its distribution partners to find solutions to meet the needs of borrowers.