Kensington launches into second charge market

Kensington Personal Loans plans to offer products from near prime to unlimited adverse, including criteria such as self-cert up to 90% loan to value for clients in arrears and loan amounts up to £100,000. The products will initially only be available through a limited number of packagers before a full roll out commences. Kensington says it is doing this in order to monitor service standards. Borrowers will not have to prove minimum trading levels where they are self-employed self cert customers while employed borrowers will have a self-cert option on up to 20% of earnings. Alison Hutchi...