YBS Commercial Mortgages has launched new two-year fixed-rate products for its BTL range, with immediate effect.
The two-year fixes are available for loans of between £500,000 and £20m for property purchase and remortgage.
These include one option of up to 65% LTV at a competitive rate of 3.20% with a 5% fee, and another up to 75% LTV at 4.10% with a 2% fee.
YBS Commercial Mortgages has also cut rates on its five-year fixed-rate products by up to 10bps, including across specialist options for HMOs and holiday lets.
For instance, five-year BTL mortgages for HMOs comprising up to six bedrooms, up to 75% loan to value, now start from 4.90% with a 2% fee.
And a five-year fix for semi-commercial assets up to 75% LTV has been cut to 6%. Again, this comes with a 2% fee.
“We are delighted to announce the launch of our new two-year fixed-rate products, developed in direct response to broker feedback and designed to complement our strategic focus on product flexibility,” said Angela Norman, managing director at YBS Commercial Mortgages.
“This addition broadens our offering, providing greater choice for investors who prefer a shorter-term fix and supporting those who value the ability to adapt their financing strategies in line with interest rate fluctuations.
“This latest rate reduction demonstrates our continued commitment to providing the best possible value to brokers and customers wherever we can.”
