Keystone Property Finance has unveiled another round of interest rate reductions for its 2-year and 5-year fixed mortgage products.

The latest cuts, announced today, follow a 10-basis point (bps) reduction across its entire product range just last week.

The reductions will see rates on two-year deals drop by between 5bps and 15bps, while five-year deals will benefit from a 10bps cut. The move reflects Keystone’s strategy of swiftly passing on savings to its customers in response to favorable market conditions.

SWAP RATE STABILITY

Elise Coole, managing director of Keystone Property Finance, says: “Keystone is committed to passing on rate cuts to our brokers and borrowers as soon as we can.

“We have seen continued SWAP rate stability and favorable market conditions and so have taken immediate action to support our brokers and landlords by repricing.”