Keystone Property Finance has cut rates by up to 10bps across almost every product in its range.
The lender’s rates now start from 3.39% for standard BTL and 4.99% for expat BTL.
Holiday let rates start from 5.69% after the cuts, while product transfer, PT plus and refurb-to-let exit products are all available from 5.04%.
These rates are all available at 65% LTV.
The cuts follow Keystone’s recent moves to streamline its ranges, simplifying its product guides and introducing special-edition products for HMO and MUFB cases.
As part of those changes, the lender introduced a new 5% arrangement fee tier across its ranges and updated criteria to accept up to 20 occupants/units for HMOs and MUFBs.
“We are always watching the market closely, and when opportunities arise we move quickly to pass those savings on to brokers and their clients,” said Elise Coole, managing director at Keystone Property Finance (pictured above).
"With mortgage rates having experienced upward pressure over the past month, we want brokers to know that we remain committed to offering competitive products that reflect the market conditions at that time.
“That responsiveness is something brokers and borrowers value and it will remain a key focus for us.”
