Rates now start at 4.94%
Specialist buy-to-let lender Keystone Property Finance has announced new rate cuts on its standard and specialist two-year fixed rate products, lowering some of its product rates to below 5%.
As a result of reductions of up to 15 basis points, Keystone’s standard range, for standard property types, and its specialist range, for houses in multiple occupation and multi-units, now start at 4.94% at 65% loan-to-value (LTV) and 5.09% at 75% LTV.
The latest reprice comes after the lender launched a range of two-year tracker products enabling borrowers to ‘switch and fix’ to a fixed rate within the initial two-year period at no extra cost.
You'll go bats for our new reduced 2 year rates 🦇
— Keystone Property Finance (@KeystonePF) October 31, 2023
Sink your teeth into our fangtastic rates starting from 4.94% 🧛♂️
Take a look at our updated products here - https://t.co/NA2UtIC5rj#btl #broker #specialistlender pic.twitter.com/NCIdvaSGP5
“To be able to offer sub-5% rates is fantastic and will help even more borrowers achieve the leverage they want,” commented Elise Coole (pictured), managing director at Keystone Property Finance.
“We have been very active refining our product offering over the past few months and have been quick to reduce our rates as soon as funding conditions have allowed.”
Want to be regularly updated with mortgage news and features? Get exclusive interviews, breaking news, and industry events in your inbox – subscribe to our FREE daily newsletter. You can also follow us on Facebook, Twitter, and LinkedIn.
