Clever Lending partner with Kensington Mortgages

By Bridging Loan Directory 15th December 2016

Clever Lending, has partnered with Kensington Mortgages as a distributor of their specialist and buy to let first charge mortgage products.

The partnership will provide additional value to the Kensington Mortgages product distribution model and will see Clever Lending handle first charge enquiries, packaging and lender liaison, which will be of real benefit to brokers on more complex cases.

Kensington Mortgages is a specialist lender focusing on first charge and buy to let mortgages for self-employed and credit score clients. With a particular expertise in complex cases, they will work with Clever Lending to help brokers complete on cases they thought were too difficult to find funding for.

With more than 20 years in the specialist lending sector, Kensington have a highly experienced team and take care to assess each application on its own merits with a view to providing finance for a variety of clients whether they be contract workers, rely on bonuses or have had credit problems in the past.

Brokers are able to now deal directly with Clever Lending to take advantage of their niche lending opportunities and expertise in packaging cases that the partnership brings.

Sam Kirtikar, managing director at Clever Lending said:

“We are delighted to be working in partnership with Kensington Mortgages. Kensington were identified as a key part of our panel and we are delighted to have them on board. Our expertise in the specialist first charge and buy to let markets means we can have a positive impact on their distribution and will also help provide a better service to consumers with income sources that are different to the norm and often rejected by mainstream lenders. I’m very much looking forward to a successful partnership.”

Steve Griffiths, Director of Sales and Distribution at Kensington, said:

“Placing a complex case doesn’t have to be complicated and specialist distributors like Clever Lending provide a vital resource for brokers. We are looking forward to working with Clever Lending on distributing our core range and developing new products to provide more options for their introducers in the future.”