Keystone Property Finance, the specialist buy-to-let lender, has launched a new range of 2-year tracker mortgages.
The products offer a fixed margin over Bank of England Base Rate (BBR) and include the flexibility of being able to move on to a fixed rate within the initial period at no extra cost or Early Repayment Charge (ERC).
Loans are available at 65% and 75% loan-to-value (LTV) with rates starting at BBR+2.10% and BBR+2.20% respectively.
Customers who choose one of these loans will be eligible for a product transfer from the lender’s full range after the initial two-year period has completed.
In addition, Keystone has launched a separate 2-year product transfer tracker range.
Elise Coole (pictured), managing director, at Keystone Property Finance, said: “This new range of 2-year tracker products with a “Switch & Fix” facility further expands our product range at a time when brokers and their clients are looking for greater choice.
“For landlords who may want to take a “wait and see” approach to fixing their mortgage but do not want to remain on a high reversion rate, this option provides the ability to track the market downwards and fix at a time of their choosing that works for them, with no additional cost.
“These new additions further strengthen our commitment to providing brokers and their clients with access – at all times – to the most comprehensive and competitively priced lending solutions we can.”
