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Community Level 1TJM1

TJM1

Further to my previous review

AdvantagesAbsolutely none

DisadvantagesA very high chance of losing your home & savings

"I ended up having to sell after they kept trying to reposess and even though my sale was due to exchange in just a couple of days they took me to court to try & kick me out, so they could make more profit than the tens of thousands of interest & redemption penalties they were making. My lawyer tells me they would have sold the property through an estate agent at a bargain basement price, the property would then be sold on at market value & then they ..." Read review
04.08.2005

Ciao members have rated this review on average: helpful

Community Level 1Jacketspud1

Jacketspud1

Kensington Mortgage Company

AdvantagesSelf Cert - likely to get a bigger mortgage than you would with other Lenders

DisadvantagesHigher interest rate

"I used Kensington to get a self certify mortgage. We had a house to sell which my partner owned and it didnt sell but we needed to move to another city. I got a £200,000 mortgage which I would not have been able to obtain through a normal high street Lender on my wage alone which then enabled us to move before the other house was sold. The interest rate is high but it is fixed so I have not been affected by the recent interest rates rises. The downside ..." Read review
23.06.2007

Ciao members have rated this review on average: helpful

Community Level 1BOOTSO

BOOTSO

mortgage

Advantagesnone

Disadvantagesvery expensive and our always delaying by 2 months plus ? joining they interest rate drop

"...snag iv got 2 mortgages kensington & capital home loans kensingtons mortgage £233.000 im paying £833 a month capital home loans £296. 500 im paying £433.00 a month im also in a tied in for 3 years with kensington wich ends in december thank god £14000 charge if id of sold before my 3 year contract ended as plus they dont allow you un der no circumstances to be able to draw down off your property no matter how much equity you.v got also there lack ..." Read review
02.05.2009

Ciao members have rated this review on average: helpful

Community Level 1sfb789

sfb789

Kensington - Be Warned!

AdvantagesWill lend if you have nowhere else to go.

DisadvantagesHigh fees, rates, poor, threatening service, high broker commission

"Do not use Kensington if you have any choice at all. They will treat you very badly, they will load your account with fees and they will increase your interest rate EVERY time you are late with a payment. In addition, while they state on their website: Kensington Variable Rate (KVR) Our Prime mortgage products track the Bank of England Base Rate (Bank of England UK Repo rate) set by the Bank of England from time to time. Interest is calculated ..." Read review
08.12.2008

Ciao members have rated this review on average: somewhat helpful

Community Level 1zazzyzoe

zazzyzoe

Mortgages for all

AdvantagesCompetitive rates, good customer servce, sub-prime and prime products

Disadvantagescan i say none?

"Kensington offer mortgages for all, for those with perfect credit scores and for those who unfortunately don't. They offer all types of products to suit everyone's needs, First time buyers, next time buyers, buy to lets, remortgages, right to buy... the list goes on. These can be based on fixed rates, variable rates tracker rates and such like. Even though they offer prime product they specifically target the sub-prime market who are those who would ..." Read review
22.08.2003

Ciao members have rated this review on average: somewhat helpful

Community Level 1HEAVONLY

HEAVONLY

BUILDINGS AND OR PROPERTY INSURANCE.

AdvantagesI CANNOT THINK OF ANY PRACTICLE ADVANTAGE OF BECOMING A CUSTOMER OF KENSINGTON MORTGAGES UNLESS YOU ARE VERY DESPERATE TO DO BUSINESS WITH THEM

DisadvantagesTHE DISADVANTAGE FOR MYSELF AND WIFE ARE THAT WE DID NOT HAVE ANY INFORMATION ABOUT KENSINGTON UNTIL IT WAS TOO LATE IF WE HAD THE CHOICE ALL OVER AGAIN NO I WOULD NOT RE-MORTGAGE UNTIL I KNEW ALL OF THE FACTS WHICH WAS MY OWN FAULT.

"...A CURRENT MORTGAGE WITH THE KENSINGTON GROUP AND HAVE BEEN A CUSTOMER FOR ABOUT SIX MONTHS NOW. KENSINGTON MORTGAGES WERE NOT OUR CHOICE BUT ONE OF BRUNSWICK HOME LOANS PRODUCTS.WE WERE PASSED ONTO KENSINGTON AS PART OF A RE-MORTGAGE DEAL.BRUNSWICK HOME LOANS USE TWELVE DIFFERANT COMPANIES AND WE ENDED UP WITH KENSINGTON,LIKE IT OR NOT.WHEN I WAS DEALING WITH BRUNSWICK HOME LOANS I HAD ASSUMED I WAS THEIR SOLE CUSTOMER AND THAT WAS IT AND WAS NOT ..." Read review
27.06.2006

Ciao members have rated this review on average: somewhat helpful

do not use!!

Advantagesnot many!

Disadvantagesmake sure you keep paperwork and notes of phonecalls as they will be denied in future

"we have been clients of KM for some time and they have been OK , yet often the right hand dont know what the left is doing.....we have just completed our mortgage early and have been faced with a myriad of undisclosed astronomical fees....and requests for redemption figures etc are not dealt with. Complaints fall on deaf ears. They are a money-grabbing, non-customer friendly institutiuon that you should steer away from wherever possible...................They ..." Read review
09.10.2013

Ciao members have rated this review on average: somewhat helpful

Community Level 1superbabe21

superbabe21

kensington mortgages avoid at all costs

Advantageswill take on anyone

Disadvantagesterrible customer service and higher interest rates

"i find kensington mortgages are unhelpful especially if you fall into financial hardship, miss one payment and your interest rate goes up by 0.25%, you ask them something and they either dont answer or reply in about 3 weeks they are nothing but loan sharks, deny any phone conversations with you miss 3 payments and you are in court for repossession, figures for arrears change daily, my mortgage has gone up by £1400 in just 30 months. if you ring them ..." Read review
03.11.2006

Ciao members have rated this review on average: somewhat helpful



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