Kensington Mortgages are appalling. (Kensington Mortgage Company)

Member Name: antigone

Product:	Kensington Mortgage Company
Date:	04/08/05 (907 review reads)
Rating:

Advantages: None

Disadvantages: Incredibly high interest rates, dreadful customer services

Kensngton Mortgages are a truly last option, & it may be better to sell rather than use them. Their rates for the first year are ok, high, but not too high, but in year two watch out for increases of 3/4%.
My mortgage went from approximately £1200 per month to £1980 per month AND I have just been told there is a further 'interest rate rise' (one of several over the last year) because of Bank of England interest rate rises. Which given that the Bank of England interest rate has remained the same for the last year is most interesting.
I would absolutely not recommend them, in my opinion they are little more than sharks preying on the vulnerable.

Summary: Unjustified interest rate rises, unbelievably high interest rates