YBS enhances BTL range with reduced rates and new products

The lender has reduced rates on its five-year BTL product by 15bps for clients borrowing more than £750,000.

Additionally, two new products have been introduced at up to 55% LTV for those wishing to borrow more than £750,000, priced at 4.75% fixed for five years with a 3% fee, or 4.95% with a 2% fee.

YBS has also reduced its five-year semi commercial offering at 60% LTV from 6.4% to 6.2% and from 6.45% to 6.25% at 70% LTV.

There are no changes to any other products in the range.

Mike Davies, head of lending at YBS Commercial Mortgages, commented: “To support our borrowers impacted by recent market volatility, we are pleased to further improve the competitiveness of our BTL and semi-commercial ranges, offering better value for landlords and investors.

“Reviewing our lending structure for BTL and adding new products at 55% LTV means we can provide even better value, especially for those with higher borrowing requirements.”