Keystone Property Finance cuts rates by up to 10 basis points

Published on

Keystone Property Finance has made reductions of up to 10 basis points on selected rates.

The specialist buy-to-let lender has cut rates across all its 5-year products, including its new Refurb Exit 5-year products, that the lender unveiled last week.

Keystone has also reduced rates across its 2-year Specialist, Product Transfer and PT Plus, Ex-pat, and Holiday Let products by 10 bps.

The brand new Refurb to Let range provides landlords with short-term finance for light refurb work, before giving them the option to transfer onto a fixed rate.

FLEXIBLE SOLUTIONS

Elise Coole (main picture), Managing Director of Keystone Property Finance, said: “Keystone remains committed to supporting brokers and landlords with competitive, flexible solutions in today’s dynamic market.

 “These latest rate reductions, along with the recent launch of our refurb to let range, strengthen our offering and gives brokers more opportunities to deliver long-term value to their landlord clients.”

Following this repricing, Keystone’s product lines now start at:
  • Standard: 3.04% at 70% LTV
  • Specialist: 3.09 % at 70% LTV
  • Refurb to Let: 4.69 at 65% LTV
  • Ex-pat: 4.54% at 65% LTV
  • Holiday Let: 4.69% at 65% LTV
  • Product Transfer/PT Plus: 4.69% at 65% LTV
  • Switch & Fix: 6.04% at 65% LTV

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

Virgin Money cuts purchase, remortgage, BTL and PT rates

Virgin Money is set to cut selected fixed mortgage rates, with reductions across purchase,...

Newcastle for Intermediaries cuts shared ownership rates

Newcastle for Intermediaries has announced rate reductions across its shared ownership mortgage range to...

Retirement affordability fears grow as pension confusion deepens

A growing number of working adults believe they will never be able to afford...

Broker frustrations with transaction delays deepening

Mortgage brokers remain exasperated by protracted transaction times and a lack of transparency in...

Young Brits turn to saving, side jobs and family to fund landlord dreams

A growing number of aspiring landlords are relying on strict saving regimes, extra work...

Latest opinions

Complaints: A pain that you can handle

One of the biggest problems an adviser can face is a complaint. And those...

The next decade for mortgage advice: back to the future?

The mortgage market has always moved in cycles, and right now it feels like...

Reflecting the modern realities of retirement

There’s a quiet revolution happening in the world of mortgage lending, driven by the...

Energy efficiency is now a mainstream concern for landlords

The energy efficiency of rental property has moved from being a regulatory side note...

Other news

Complaints: A pain that you can handle

One of the biggest problems an adviser can face is a complaint. And those...

The next decade for mortgage advice: back to the future?

The mortgage market has always moved in cycles, and right now it feels like...

Estate agents warn AI valuation tools are undervaluing UK homes by tens of thousands

Automated valuation models (AVMs) powered by artificial intelligence may be costing UK sellers tens...