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Starling Bank linked with Kensington acquisition

By Laurence Mcclenaghan
14 February 2022
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Starling Bank is seeking to acquire specialist mortgage lender Kensington, according to reports.


It is understood that Starling, which has offices in Southampton, would like to purchase Kensington ahead of their plans to float on the London Stock Market.


Backed by Blackstone Inc, Kensington offer home loans to those older than 55 years old and the self-employed.


Any attempt by Starling to secure Kensington’s lending platform, is likely to face competition from Barclays who are also said to be vying for the business



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