Keystone Buy to Let Mortgages has cut its fixed rate prices two months after introducing its Classic and Premier Ranges.

Five-year fixed rates are now available from 5.04%, while three-year discounted trackers start from 4.59%.

David Whittaker (pictured), managing director of Keystone, said: “Since February, investors have responded well to our improved offering, particularly the 80% LTV rates in the Classic Range and the higher loan amounts – to £1m – in the Premier Range.

“Our products have always been criteria rather than rate-led offerings but we have been in talks with Aldermore, which funds Keystone, and are delighted to announce that the bank has found room in its margins to re-price downwards. This should make both ranges even more attractive to landlords.”