YBS Commercial Mortgages has removed product tiering from its BTL, commercial investment and business owner-occupier ranges.
The move is designed to simplify the product offering and allow borrowers to benefit ftom the same rates, regardless of their specific borrowing needs.
For example this means portfolio landlords wishing to borrow between £500,000 and £20m can now benefit from a five-year fixed rate, competitively priced at 4.10% up to 65% LTV, with a 5% fee.
This was previously reserved for loan amounts of £750,000 and above.
“We’re really pleased to remove tiering across our product ranges, ensuring that we can offer landlords access to the same competitive rates, no matter what their borrowing goals are”, said Angela Norman, head of lending at YBS (pictured above).
“This also allows us to retain our position in the market, demonstrating our continued commitment to supporting investors, portfolio landlords and the commercial sector as a whole.”
