News: Kensington withdraws buy-to-let purchase products

Tue, 05 May 20

Kensington Mortgages has withdrawn its buy-to-let purchase products during the Covid-19 outbreak. 

Aside from withdrawing its buy-to-let purchase products, the specialist lender has also pulled its buy-to-let purchase products and its eKo mortgage range which offers cashback for energy improvements made to the property.

Research by Moneyfacts has found that the Covid-19 pandemic has impacted the choice and cost of deals in the buy-to-let market over the past month. 

There has been an overall fall of more than 1,300 buy-to-let products in the market compared to the start of March 2020, restricting choice for prospective landlords who were preparing to invest in this sector. 

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