Kensington Specialist Lender for Complex Mortgages | Kensington, a leading specialist mortgage lender in the UK, has launched a standout 40-year fixed-rate mortgage, a bold solution designed to help borrowers navigate today’s evolving housing market with long-term financial confidence.
This offering is ideal for clients who don’t meet traditional lending criteria, such as the self-employed, contractors, or those with irregular income or a history of credit issues.
Why Kensington’s 40-Year Fixed-Rate Mortgage Matters
Kensington’s innovative 40-year term mortgage allows borrowers to spread repayments over a longer period, significantly lowering monthly outgoings. This extended affordability is especially valuable in today’s climate of rising property prices and economic uncertainty.
Unlike traditional 15- or 30-year products, the 40-year fixed mortgage ensures long-term interest rate stability, enabling homeowners to budget with confidence for decades free from the volatility of rate hikes.
This level of predictability aligns with the FCA’s Consumer Duty goals, offering tailored support to borrowers seeking financial clarity and long-term planning options.
Who Benefits from Kensington’s Specialist Lending?
This product is especially suitable for:
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First-time buyers facing affordability hurdles
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Buyers in high-cost areas like London and the Southeast
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Self-employed or freelance workers needing a flexible income assessment
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Clients with imperfect credit histories
Kensington’s data-led underwriting removes rigid credit score thresholds, focusing instead on real-life affordability, making it a true ally in complex mortgage lending.
Why Mortgage Advisers Choose Kensington
Mortgage advisers across the UK turn to Kensington for their flexible approach and unique product innovation. With exclusive access via selected networks, advisers benefit from:
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Broad buy-to-let mortgage options (including limited company and holiday let)
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No automated credit scoring; each case is reviewed individually
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Supportive underwriters who understand complexity
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Access through networks like the Connect Mortgage Network
Kensington Specialist Lender Launches Flexi Fixed for Term Mortgage
Kensington Mortgages, a leading specialist mortgage lender in the UK, has introduced an innovative solution designed for today’s complex borrowers. Backed by funding from Rothesay, a specialist pensions insurer, this new long-term fixed-rate mortgage meets the growing demand for payment certainty and flexible lending criteria.
Homeowners Prefer Certainty: Why Long-Term Fixed Rates Matter
According to recent research from Kensington Mortgages, 83% of UK homeowners and renters would prefer a long-term fixed-rate mortgage. This strong preference reflects a rising demand for predictable monthly repayments and long-term financial stability.
In response, Kensington has partnered with Rothesay to launch a mortgage product offering fixed interest rates for up to 30 years, providing borrowers with peace of mind in an unpredictable economy.
Competitive Rates Across Loan Terms
The new Flexi Fixed for Term product offers competitive rates tailored to a range of borrower needs. Available for both home purchases (up to 95% LTV) and remortgages (up to 85% LTV), this product provides clients with stability without sacrificing value.
Sample Interest Rates at 60% LTV:
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15-year term: 2.83%
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25-year term: 2.85%
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30-year term: 2.90%
Higher LTV Options (95%):
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25-year term: 3.71%
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30-year term: 3.77%
These rates are competitive in the market, particularly for borrowers seeking long-term fixed mortgages with flexible underwriting.
Greater Affordability Through Smarter Lending
Unlike traditional mortgage affordability models that rely on high stress test rates, Kensington’s Flexi Fixed for Term uses the actual fixed interest rate to assess affordability. This modern approach often enables clients, especially the self-employed or those with irregular income streams, to borrow more than they could with a standard lender.
This data-driven approach exemplifies Kensington’s role as a specialist lender, offering intelligent underwriting, ideal for clients who may not meet the rigid criteria of high-street banks.
Built-in Flexibility for Changing Circumstances
One of the standout features of this mortgage is its portability. Borrowers can move home without changing their interest rate or monthly repayment, offering crucial flexibility in a shifting housing market.
Additional benefits include:
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No product fees and free legal services
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No early repayment charges in cases of property sale, critical illness, or death
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Up to 10% overpayments annually based on the original loan amount
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Further advances available after 12 months, subject to affordability
Broker Benefits and Network Support
Kensington supports advisers and brokers with a 0.75% proc fee on completion, making this an attractive proposition for mortgage clubs and networks.
If you’re part of a Specialist Mortgage Network for Advisers, this product can help you serve clients with non-standard profiles more effectively. It also complements the tools and resources available to members of our Adviser Network for Newly Qualified Brokers, who need flexible products with high acceptance potential.
A Modern Mortgage for the Modern Client
With fixed terms up to 30 years, Kensington Mortgages’ Flexi Fixed for Term offers a compelling solution for clients seeking stability, greater borrowing capacity, and compassionate underwriting.
Whether you’re working with first-time buyers, self-employed professionals, or those with a complex credit history, this product provides the flexibility and assurance they’re looking for.
Expert Insight on Kensington’s Innovative Mortgage Products
Mark Arnold, CEO of Kensington Mortgages, explains the shift in borrower sentiment amid changing interest rate trends:
“For over a decade, ultra-low interest rates have shaped homeowner expectations. But as the market moves toward more traditional averages, we anticipate gradual rate increases becoming the new normal. In this evolving environment, long-term stability is more important than ever.
That’s why products like our Flexi Fixed for Term mortgage, already common across parts of Europe, are gaining traction in the UK. They offer borrowers a single fixed monthly payment that never changes for the entire life of the loan.
This isn’t just about stability. It’s about flexibility and accessibility. Whether you’re a first-time buyer, a self-employed professional facing remortgage challenges, or simply looking to lock in predictable payments, this mortgage was built to meet diverse needs.
While a long-term fixed mortgage won’t suit everyone, we’ve engineered the Flexi Fixed for Term to provide maximum flexibility. For many, it could be the key to finally stepping onto the property ladder.”
Mortgage Affordability Challenges: What Kensington Found
Recent research from Kensington specialist lender reveals key hurdles for aspiring homeowners:
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1 in 4 renters who tried to buy in the last five years were unsuccessful.
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Among them, over 20% failed affordability checks.
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Nearly a quarter couldn’t borrow enough to purchase a suitable property.
These findings underscore the value of flexible lending products. Kensington’s innovative offering is designed to help underserved segments, such as freelancers, contractors, and those with thin credit profiles, access long-term, sustainable financing.
Prateek Sharma, Chief Investment Officer at Rothesay
Prateek Sharma of Rothesay, a leading UK pensions insurer and backer of long-term financial assets, added:
“Rothesay is proud to support long-term, high-quality loans that align with both market needs and borrower expectations. Our partnership with Kensington helps bring innovative mortgage options to life, including long-term fixed products that offer stability and encourage homeownership.”
“We view these solutions as a win-win: they provide borrowers with certainty and help deliver on the government’s vision of broader housing access.”
John Glen, Economic Secretary to the Treasury
John Glen, Economic Secretary to the Treasury, applauded the move:
“Innovative mortgage solutions like these are essential for a dynamic UK housing market. They increase choice, drive competition, and empower consumers especially those who prioritise predictable long-term repayments.”
What It Means for Connect Brokers
As a progressive specialist mortgage network for advisers, Connect is proud to collaborate with forward-thinking lenders like Kensington Mortgages.
This new product, the Flexi Fixed for Term mortgage, perfectly complements Connect’s mission to help brokers offer tailored, client-focused solutions. It’s especially well-suited to clients who need:
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Long-term rate certainty
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Enhanced affordability for borrowing more
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Support with complex income or credit profiles
Connect brokers can now deliver a product that’s not only portable and competitively priced but also designed for real-life scenarios. From helping self-employed clients navigate inconsistent income to supporting renters seeking a path to ownership, this mortgage opens doors.
And with a 0.75% proc fee on completion, Connect ensures brokers are rewarded for delivering value-packed products to their clients.
Thank you for reading our publication “Kensington Specialist Lender for Complex Mortgages.” Stay “Connect“-ed for more updates soon!