Keystone Property Finance has launched a limited edition ‘Summer Special’ range with rates starting at 3.79%.
The product set contains 2-year and 5-year fixed rates for both standard and specialist properties, such as houses in multiple occupation (HMOs) and multi unit properties.
Each product gas a higher 7% arrangement fee, Keystone said allows it to offer lower loan rates.
For standard properties, new rates include a 2-year fix up to 70% loan-to-value (LTV) at 3.79%, a 5-year fix up to 65% LTV at 4.59%, and a 5-year fix up to 75% LTV at 4.69%.
Products available for HMOs and multi unit properties include a 2-year fix up to 70% LTV at 3.89% and a 5-year fix up to 65% LTV at 4.84%.
The range also contains two 5-year fixed rates for specialist HMOs and multi unit properties with seven to 15 occupants/units, with rates starting at 5.09%.
Elise Coole (pictured), managing director of Keystone Property Finance, said: “We are thrilled to announce the launch of our new limited edition ‘Summer Special’ product range, which has been designed to ease affordability issues for landlords at a time when SWAP rates remain elevated.
“Offering a range with higher fees has allowed us to significantly reduce our rates, which now start at a highly competitive 3.79%.
“This range gives landlords an extra option and allows those struggling with affordability to achieve higher levels of leverage.
“Our limited edition ‘Summer Special’ range once again demonstrates our commitment to supporting our brokers and their clients with innovative solutions that meet their needs.”
