Keystone Property Finance has announced rate reductions of up to 0.20% across its specialist buy-to-let product range, alongside the rollout of new proprietary AI software to streamline broker submissions.
The specialist lender has reduced all expat mortgage rates by 0.20%, with a 0.10% cut applied to all other products, excluding its holiday let range. The repricing means rates now start from 2.94% on standard 2-year fixed products at 70% loan-to-value (LTV), and 2.99% on specialist 2-year fixes at the same LTV.
Following the changes, Keystone’s key products include a 5-year fixed Refurb to Let rate at 4.69% up to 65% LTV, a 2-year expat fixed rate at 4.54% up to 65% LTV, and a 5-year holiday let fixed at 5.49% up to 65% LTV.
Alongside the rate changes, the lender has launched an AI-powered document upload and labelling tool to improve efficiency through its broker portal. The system automates the organisation of documents and is designed to reduce processing times.
Elise Coole, managing director of Keystone Property Finance, said: “These rate reductions, alongside the recent launch of our AI-powered document upload and labelling technology, are designed to enable brokers to increase productivity and maximise lending for their landlord clients with ease. This month’s updates are the latest steps in our ongoing investment in both product innovation and broker support.”
