Keystone Property Finance has reduced all fixed rates in its Classic Range.

Five year fixed rates have been reduced by 40 basis points and now start at 3.99% to 75% LTV. Three year fixed rates have been reduced by 20 basis points and now start at 4.09% to 75% LTV.

The range also offers five and three year fixed rate options to 80% LTV for standard buy-to-let property and rates to 75% LTV for HMOs and multi-units.

David Whittaker (pictured), CEO of Keystone said: “We are delighted to be able to get our five year pricing down to sub-4%. This means that we can now really compete on price as well as criteria.

“As there has been little difference in three and five year swaps of late, we decided to apportion the biggest reduction to the five year fixed rates. This will give borrowers a longer period of security and save them the costs involved with having to remortgage sooner.”