Keystone Property Finance has cut rates on almost all of its products, with reductions of up to 20 bps as swap rates ease.
The reductions apply to the lender’s standard, specialist, ex-pat, holiday let, refurb to let exit, product transfer and product transfer plus ranges.
• standard: 2.84% two-year fix up to 70% LTV
• specialist: 2.89% two-year fix up to 70% LTV
• ex-pat: 4.09% two-year fix up to 65% LTV
• holiday let: 4.84% two-year fix up to 65% LTV
• refurb to let exit: 4.59% five-year fix up to 65% LTV
• product transfer: 4.59% five-year fix up to 65% LTV
• PT Plus: 4.59% five-year up to 65% LTV
Elise Coole, managing director at Keystone Property Finance (pictured above), said: “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.”
