YBS Commercial reduces buy-to-let rates by 0.10%

YBS Commercial Mortgages has lowered rates by 0.10% across its buy-to-let products to support landlords and investors.

Now, landlords borrowing under £1m can access a 5-year fixed rate of 5.30% up to 65% loan-to-value (LTV) with a 2% fee, while those borrowing more than £1m have a rate of 5.15% with the same terms. 

The rate cut also applies to specialist products, including holiday let and HMO loans.

Landlords interested in holiday lets can benefit from a 5-year fixed rate of 5.60% on loans up to £1.5m per unit at 75% LTV with a 2% fee.

For HMO purchases, a 5-year fix is available at 5.65% on loans over £500,000 up to 65% LTV with a 2% fee.

Other commercial real estate products remain unchanged. 

Angela Norman, interim managing director at YBS Commercial Mortgages, said: “Despite recent increases in swap rates, we’re pleased to improve the competitiveness of our buy-to-let range, offering better value for landlords and investors.

“Reducing rates right across our buy-to-let range demonstrates our continued commitment, as a strong, stable lending partner, to supporting brokers and their landlord clients, including with their specialist lending needs.”

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