YBS Commercial Mortgages has reduced rates across its five-year fixed product range by 0.15%.

The changes apply from 10am today, Tuesday 9 June, across the lender’s new-business range.

The reductions cover five-year fixed rates for portfolio landlords seeking buy-to-let finance, as well as specialist products for houses in multiple occupation and multi-unit freehold blocks.

YBS Commercial Mortgages has also cut rates on its owner-occupied, commercial investment and semi-commercial products, including finance for part-residential and part-commercial assets.

There are no changes to two-year fixed-rate products.

Among the new rates is a five-year fixed rate for buy-to-let clients at 4.90%, down from 5.05%, up to 55% LTV with a 3% fee.

The lender is also offering a five-year fixed rate for multi-unit freehold blocks at 5.65%, reduced from 5.80%, up to 65% LTV with a 2% fee.

For semi-commercial investors, the five-year fixed rate has fallen to 5.95% from 6.10%, available up to 65% LTV with a 2% fee.

Angela Norman, managing director of YBS Commercial Mortgages, said: “These reductions across our five-year fixed range demonstrate our ongoing commitment to supporting brokers and customers with better choice and value across a wide range of product options.”