Kensington Mortgages is to resume 80 per cent LTV lending across its residential Select, Core, Young Professional and Heroes ranges products.

The lender will also relaunch Help To Buy and buy-to-let purchase applications across England, available from Wednesday 3 June 2020. Non-physical valuations are still in use in Scotland and Wales.

On Kensington’s Select, Heroes and Young Professional range at 80 per cent LTV, rates start from 4.49 per cent for a two-year fix at 80 per cent LTV and 4.64 per cent for a five-year fix rate. The Select range will have a maximum loan amount of £750,000 and £500,000 for Core, Right to Buy and BTL products.

Rates for Help to Buy and the new build offering start from 4.54 per cent for a two-year fix at 75 per cent LTV.

The lender has also re-launched its Help to Buy offering and new build applications will be reinstated. Rates start from 4.54 per cent for a two-year fix at 75 per cent LTV.

Kensington Mortgages new business director Craig McKinlay says: “We’re excited to introduce 80 per cent LTV across some of our most well-known product ranges and relaunch Help to Buy in the hope that we can try to provide options for those wishing to step onto the property ladder.

“Over the last few months we have experienced an industry-wide unprecedented challenge, and lenders have been working hard to reintroduce product ranges to try and help boost the market. We hope these new updates provide our brokers and customers with accessible funding options and greater choice and for those that can restart their housing plans again, we are here to help.”