Keystone Property Finance has reduced its fixed rate products by up to 25 basis points as it celebrates six years as a buy-to-let lender.
The lender has cut fixed rates across its product set, including on its standard, specialist, specialist, expat, product transfers, holiday lets and switch & fix ranges.
The reductions have been applied as follows:
- Standard fixed rates cut by 10 basis points, meaning rates now starting at 4.04%,
- Specialist fixed rates cut by up to 20 basis points, with rates now starting at 4.09%,
- Ex-pat and Holiday Let fixed rates cut by up to 25 basis points, with rates now starting at 4.64%,
- Switch & Fix products cut by up to 25 basis points, with rates now starting at 5.54%.
- Product Transfers by up to 20 basis points with rates now starting at 4.79%
Elise Coole, managing director of Keystone Property Finance, said: “As we mark our sixth anniversary, we are thrilled to celebrate by significantly reducing our fixed rate mortgage rates. This milestone is not just a reflection of our growth, but another opportunity to give back to the brokers and borrowers who have supported us along the way.
“Recent decreases in SWAP rates have provided us with the opportunity to pass on these savings directly to our clients. At Keystone, we have always been committed to ensuring that any reductions in funding costs benefit our borrowers as soon as possible. This approach has been a fundamental part of our mission and we remain steadfast in our dedication to offering the most competitive rates available to our customers.”
