news | 2 weeks ago | Jodie Bradley

YBS Commercial slashes BTL rates

YBS Commercial Mortgages has reduced its BTL products by 10bps in a bid to support portfolio landlords.


This has been knocked off the lender’s corporate BTL products which come with a 5% fee.

Landlords wishing to borrow more than £1m can benefit from a five-year fix at a competitive 4.95% (was 5.05%) up to 65% LTV.

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For clients borrowing up to 70% LTV, rates are reduced to 5.00% (was 5.10%). 

Tom Simpson, managing director at YBS Commercial, said: “As a strong, stable lending partner, the resilience of our balance sheet allows us to deliver consistency to brokers and their clients, even during these times of volatility.

“That’s why we’re pleased to reduce rates on the lower-rate, higher-fee products within our BTL range, maintaining their competitiveness, offering better value for investors looking to pay more upfront, and helping us to continue to serve the market in the best way possible.”

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