Keystone Property Finance has announced a further reduction in its mortgage pricing, marking the second time in a week the lender has cut rates across its buy-to-let range.
The latest change sees rates fall by up to 10 basis points, with 2-year fixed products receiving the full reduction. The adjustment also affects the majority of its 5-year products, including the Standard, Specialist, Product Transfer, PT Plus, Switch & Fix and Cashback lines.
As a result, headline rates now begin at 3.14% for Keystone’s Standard range at 70% loan-to-value, with Specialist products starting at 3.19% at the same LTV. Rates in the Cashback range now begin at 4.49% at 65% LTV, while ex-pat and holiday let products start from 4.64% and 4.79% respectively. Switch & Fix, the lender’s flexible transition offering, now starts at 6.09%.
The lender has framed the move as part of its ongoing effort to support brokers and landlords in an unpredictable economic environment.
“With markets still unpredictable, we’re giving brokers and landlords the clarity they need,” said Elise Coole, managing director at Keystone Property Finance.
“These cuts strengthen our competitive range, making it easier for brokers to move quickly, secure great deals, and help their landlord clients grow with confidence.”
