Keystone cuts three and five-year rates

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Keystone Property Finance has cut its three and five-year fixed rates in the standard and specialist range by 21 basis points.

The lender is now offering a three-year fixed rate starting from 3.14%, and five-year fixed rates from 3.24%.

Two-year fixed rates will not be changing, they start at 2.99%.

These products are available to landlords purchasing individually or via a limited company structure. The specialist buy-to-let range is available on HMO and multi-unit properties.

Keystone’s Cashback Purchase Only product range is being withdrawn on 31 May after running since 4 March.

Keystone’s CEO, David Whittaker, said: “I am confident these new rates will be popular with brokers when faced with complex buy-to-let enquiries in which Keystone specialises.

“We hope these new rates will help brokers looking to complete their clients deals in time for their summer break.

“We’ve focused the rate reductions on 3 and 5 year rates to help brokers offer their property investors the ability to lock into longer term fixed rates given current political uncertainty.”

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