Keystone Property Finance has reduced rates by up to 20 basis points across almost all of its product ranges, following a period of easing swap rates.

The changes apply to the lender’s standard, specialist, ex-pat, holiday let, refurb-to-let exit, product transfer and product transfer plus products.

After the reductions, the lowest rates now available include 2.84% for a two-year fixed standard product up to 70% loan-to-value, and 2.89% for a two-year specialist fix at the same LTV.

The ex-pat range starts at 4.09% for a two-year fix up to 65% LTV, while the holiday let equivalent begins at 4.84%.

Both the refurb-to-let exit, product transfer and PT Plus five-year fixed products are now available from 4.59% up to 65% LTV.

Elise Coole (pictured), managing director at Keystone Property Finance, said: “We’re delighted to be cutting rates across nearly all of our ranges, with reductions of up to 20 basis points.

“Swap rates have eased over the past month, particularly since the latest inflation figures were published, which came in better than many had expected. That’s given us room to make further reductions and ensure our pricing remains as competitive as it can be.

“As a lender, we don’t sit on opportunities like this. When funding costs fall, we act quickly to pass those savings on to borrowers.

“As always, our priority is to stay responsive to market movements and help brokers secure the best outcomes for their clients in what remains a fast-moving environment.”