YBS Commercial Mortgages has unveiled a series of rate cuts and new product launches as it restructures its buy-to-let range, in a move aimed at offering sharper pricing for portfolio landlords with larger borrowing needs.

Effective immediately, the commercial lender has cut rates across several products, with a particular focus on borrowers seeking loans of more than £750,000. Notably, the rate on a five-year fixed product at up to 65% loan-to-value (LTV) has been reduced by 0.15 percentage points to 4.80%, with a 3% fee.

In addition to repricing, YBS Commercial has added two new buy-to-let mortgages at up to 55% LTV. Both are available to borrowers with requirements above £750,000. The new options include a five-year fix at 4.75% with a 3% fee and a second option priced at 4.95% with a 2% fee.

The lender has also lowered the cost of borrowing on its semi-commercial products by 0.20 percentage points. These loans, which cater to properties with both residential and commercial elements, now start at 6.20% fixed for five years up to 60% LTV (previously 6.40%), or 6.25% at 70% LTV (previously 6.45%), each carrying a 3% fee.

All other products in the lender’s range remain unchanged.

Mike Davies, head of lending at YBS Commercial Mortgages, said the latest changes reflect the lender’s desire to support landlords amid ongoing market volatility.

“To support our borrowers impacted by recent market volatility, we are pleased to further improve the competitiveness of our buy-to-let and semi-commercial ranges, offering better value for landlords and investors,” he said.

“Reviewing our lending structure for buy-to-let and adding new products at 55% LTV means we can provide even better value, especially for those with higher borrowing requirements.

“These changes are part of our ongoing commitment to identifying and making improvements which benefit our brokers and their customers wherever we possibly can, providing support to high quality businesses looking to fulfil their borrowing needs.”