Keystone’s latest rate reductions extend across new and existing business

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Keystone Property Finance has introduced a further round of rate cuts across its new business and product transfer ranges, just days after announcing reductions on the same products.

The specialist buy-to-let lender has reduced rates by 5 basis points across all new business products, covering its Standard, Specialist, Ex-pat and Holiday Let ranges.

Rates on its Product Transfer and PT Plus products have been cut by 10 basis points.

The latest move follows a reduction last week of 5 basis points across both new business and product transfer products.

In total, Keystone has lowered pricing by 10 basis points on new business products and by 15 basis points on its Product Transfer and PT Plus ranges over the past week.

Following the changes, rates now start from 2.74% for Standard products, 2.79% for Specialist, 4.09% for Ex-pat and 4.84% for Holiday Let. Product Transfer and PT Plus rates begin at 4.44%.

The lender said the decision reflects improving market conditions and a focus on maintaining competitive pricing for both new and existing landlord clients.

Elise Coole (pictured), managing director at Keystone Property Finance, said: “We’re pleased to be able to reduce rates again so soon after last week’s changes.

“As market conditions continue to improve, we’re focused on moving quickly to ensure brokers and their clients benefit from lower pricing as soon as possible.

“By cutting rates across both new business and our PT and PT Plus ranges, we’re supporting landlords at every stage of their journey.

“Whether they are expanding their portfolios or reviewing their existing borrowing arrangements.”

The reductions apply immediately and form part of Keystone’s wider strategy to support brokers and landlord borrowers navigating a competitive buy-to-let market.

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