Keystone cuts Classic Range rates

Published on

Keystone Property Finance has cut all rates in its Classic Range by 10 basis points.

The lender’s LIBOR has also been reset downwards at 0.29%.

Pricing in the Classic Range now starts at 3.59% for a three year fixed rate at 65% LTV. This product is available on standard buy-to-let property. The range also includes options at 75% and 80% LTV, as well as rates designed specifically for HMOs and multi-unit blocks.

Keystone’s Classic Range buy-to-let mortgages are available to both individuals and limited companies and accepts trading limited companies as well as SPVs as standard.

Keystone’s CEO, David Whittaker (pictured), said: “We are delighted to be able to accommodate a price cut within the Classic Range. Landlords using trading limited companies as borrowing vehicles will be particularly pleased with the reduction as we are currently the only buy to let lender not to require a fixed and floating charge or debenture.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

East Midlands newbuild prices fall as developers respond to weaker demand

The average asking price of newbuild homes coming to market in the East Midlands...

Principality adds final piece to BDM team with London & SE appointment

Principality Intermediaries has announced the appointment of Melissa Burke as business development manager for...

Arc & Co. secures £16.4m loan for Fareham premium care home development

Specialist debt and equity advisory firm Arc & Co. has completed a £16.4 million...

Former Wales and Lions rugby star joins Howden

Howden has appointed former Wales and British & Irish Lions rugby player Dafydd James...

Reeves weighs property tax overhaul to replace stamp duty

The Treasury is examining plans for a new levy on homes worth more than...

Latest publication

Latest opinions

Tuning into later life lending conversations

There are certain conversations in our profession that can genuinely change the course of...

Right of Light risks: a looming shadow over construction projects

Gone are the days when a Right of Light infringement could be swiftly dealt...

Could a move to ‘enhanced advice’ also mean mandatory protection conversations?

The FCA’s recent Mortgage Market Discussion Paper (DP25/2) has got the industry talking about...

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

Other news

East Midlands newbuild prices fall as developers respond to weaker demand

The average asking price of newbuild homes coming to market in the East Midlands...

Principality adds final piece to BDM team with London & SE appointment

Principality Intermediaries has announced the appointment of Melissa Burke as business development manager for...

Arc & Co. secures £16.4m loan for Fareham premium care home development

Specialist debt and equity advisory firm Arc & Co. has completed a £16.4 million...