Keystone Property Finance has reduced rates across its fixed rate buy-to-let ranges by up to 15 basis points (bps), a week after bringing fixed deals back to the market.

The specialist lender said the cuts apply across its two-year and five-year fixed products and come after it reintroduced fixed rates last week following a period of market volatility.

Keystone said the latest repricing covers its Standard, Specialist, Ex-pat, Holiday Let, Product Transfer/PT Plus and Refurb to Let Exit ranges.

Following the changes, rates now start from 3.39% at 70% loan to value for Standard products, 3.44% at 70% LTV for Specialist, 4.74% at 65% LTV for Ex-pat, 5.49% at 65% LTV for Holiday Let, and 4.99% at 65% LTV for both Product Transfer/PT Plus and Refurb to Let Exit.

The move marks a further adjustment to Keystone’s pricing as lenders continue to respond to shifts in funding conditions.

Elise Coole, managing director at Keystone Property Finance, said: “We continually review our product range in line with market developments. Last week, that meant we reintroduced our fixed rates following a period of volatility, and this week, we’ve been able to reduce them.

“Where we see opportunities to improve pricing, we act quickly to pass those benefits on to brokers and their landlord clients. That responsiveness is important as our brokers rely on Keystone’s swift delivery of competitive, dependable options.

“These latest reductions are a clear example of that approach in action, of giving brokers access to improved rates as funding conditions have begun to stabilise.”