Elise Coole

Keystone Property Finance offers sub-5% product following mortgage rate reductions

Keystone Property Finance is now offering sub-5% products after cutting both it’s standard and specialist 2-year fixed rates by 15 basis points.

Following the reductions, Keystone’s standard range, for standard property types, and its specialist range, for houses in multiple occupation (HMOs) and multi-units, now start at 4.94% at 65% loan-to-value (LTV) and 5.09% at 75% LTV.

The news comes just weeks after Keystone launched a range of 2-year tracker products allowing borrowers to ‘switch and fix’ to a fixed rate within the initial 2-year period and at no extra cost.

Elise Coole (pictured), managing director, at Keystone Property Finance, said: “To be able to offer sub-5% rates is fantastic and will help even more borrowers achieve the leverage they want.

“We have been very active refining our product offering over the past few months and have been quick to reduce our rates as soon as funding conditions have allowed.’’

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