Keystone Property Finance has announced rate reductions of 0.10% across the majority of its buy-to-let product range.
The specialist lender has cut rates on its 5-year fixed Standard, Specialist, Ex-pat and Holiday Let products by 0.10%.
Within the Specialist range, the reductions apply to both HMO and multi-unit properties covering 1–6 and 7–15 occupants or units.
Selected 2-year fixed rates across the Specialist (7–15), Holiday Let and Ex-pat ranges have also been reduced by 0.10%.
Further 0.10% reductions have been applied to Keystone’s Product Transfer, PT Plus and Refurb to Let Exit products.
Following the changes, headline rates now start from 2.94% for a 2-year fixed Standard product at 70% LTV, and 2.99% for a 2-year fixed Specialist product at the same LTV.
As part of the update, Keystone has also introduced unified product codes across its full range, replacing separate codes for individual and limited company applications to streamline case submission.
Elise Coole, managing director at Keystone Property Finance, said: “Easing swap rates have given us the scope to reduce pricing, and we’re delighted to pass these savings on to brokers and their landlord clients straight away.
“At the same time, we’re simplifying how people do business with Keystone by introducing a single product code for each product, regardless of whether the application is in an individual’s name or limited company structure.
“These updates deliver sharper pricing and, with fewer friction points at full mortgage application, are designed to help brokers place cases with greater confidence.”
