Keystone Property Finance has reduced rates by up to 20 basis points across the majority of its buy-to-let product ranges.
The reductions apply to the lender’s standard, specialist, ex-pat, holiday let, refurb to let exit, product transfer and product transfer plus ranges.
Following the changes, the lowest rates now available are 2.84% for a 2-year fix up to 70% LTV on the standard range, 2.89% for a 2-year fix up to 70% LTV on the specialist range, 4.09% for a 2-year fix up to 65% LTV on the ex-pat range, and 4.84% for a 2-year fix up to 65% LTV on the holiday let range.
The refurb to let exit, product transfer and PT Plus ranges each start from 4.59% for a 5-year fix up to 65% LTV.
Elise Coole, managing director at Keystone Property Finance, said: “We’re delighted to be cutting rates across nearly all of our ranges, with reductions of up to 20 basis points.
“Swap rates have eased over the past month, particularly since the latest inflation figures were published, which came in better than many had expected.
“That’s given us room to make further reductions and ensure our pricing remains as competitive as it can be.
“As a lender, we don’t sit on opportunities like this. When funding costs fall, we act quickly to pass those savings on to borrowers.
“As always, our priority is to stay responsive to market movements and help brokers secure the best outcomes for their clients in what remains a fast-moving environment.”
