Hello Mochamoo I most certainly do not work for Kensington. The information I get is from various websites and from personal experience. For example, go to KMC.co.uk, and click on the Kensington Group link, and this will tell you all about the companies within Kensington. I found out about LIBOR after complaining about my interest rate, which I thought was originally linked to the Bank of England. To all who read, I thougt I was doing the right thing about sharing what I know, and I am sorry if I caused anyone to think anything else.

I read with interest about the comment about the BOE base rate. However, it is likely to be the case that if your a KMC customer, you will be operating on a rate linked to the LIBOR rate. Which is the London Inter Bank Offered Rate. This is the rate at which banks lend money to each other. KMC review this on a quarterly basis, and apply any increase/decrease accordingly.

Catherine I read with sadness about your accident, I hope you are well. However, please can you tell me if you ever promised to make payments and didn't keep to this? Zoot, it has very little to do with me. However, I speak from experience here. I had difficulties with my mortgage repayments with KMC, and I had time after time agreed to maintain payments. The end result was I lost my home, and ended up on the repossession register. I also took KM to court for charges and also ERC, paid upon repossession of my property. I lost this, and also lost my appeal. In total I have lost more than I ever could have imagined, and what I do know is that certain judges take a very very dim view of claims, whereby, the customer is then making a claim for damages, when they failed to make mortgage repayments ime after time. I just feel people need to be aware. I get the feeling I upset you Zoot, and I am sorry if this was the case.

For all who care to read. Kensington are not now, nor ever have been part of MAS or any other lender. KMC, own shares in Money Partners, and also START mortgages in Ireland. They also have an interest in a Swedish company. To set records straight, all KMC customers have a condition within their loan, which gives consent for KMC to sell, or transfer any account they wish