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Free legals on remortgaging

27 June 2004
Remortgaging with Kensington Mortgages has just got better with the eradication of legal fees and a free £250 cashback.

From the start of July legal fees will be free on all remortgaging products in the range, including buy-to-let and residential investment mortgages.

Kensington Mortgages will also be giving £250 cashback on these remortgaging products.

The director of marketing and strategy, Alastair Pate, says: "This is the first time that Kensington has launched a free legal fees and cashback remortgage and it is a development that I believe will add great value to broker's propositions."

Transactions will also be faster and more efficient, as Mr Pate explains: "In addition to saving customers an average £600 of upfront fees, by using First Title to process the remortgages backed up by their title insurance policy, the whole transaction will be faster and more streamlined."

However, speed is of the essence as the offer is only available until August 31st.

Kensington additionally revised its rates at the beginning of June this year.