Friday, November 27, 2009
High rates and you need a 35% deposit
"One of the biggest "sub-prime" lenders returns after two years with deal aimed at the customers with a less than perfect credit history. Kensingston, one of the largest supplier of home loans to borrowers with poor credit histories before the credit crunch, returned to the market today with a new deal. The move has sparked fresh hope of a recovery in the mortgage market".