YBS Commercial Mortgages is reducing rates on its fast-track buy-to-let range, specialist products for large Multi-Unit Freehold Blocks (MUFB), and owner-occupied, commercial investment and semi-commercial products.

From today, the lender has cut rates by 0.15% on its fast-track buy-to-let products, which offers a faster and more focused process, as well as discounted rates, for straightforward, low-risk buy-to-let cases from experienced portfolio landlords.

Rates have also been reduced by up to 0.20% on its specialist MUFB range, which covers larger blocks of seven or more units in a flat or house.

Pricing has also been cut by 0.15% across owner-occupied, commercial investment and semi-commercial products, designed for part-residential and part-commercial assets.

There are no changes to YBS Commercial Mortgages’ standard two- and five-year buy-to-let products.

Among the updated offerings, a five-year fixed rate for semi-commercial borrowing is now available at 5.80% (down from 5.95%) up to 65% loan-to-value (LTV) with a 2% fee.

A five-year fixed rate for commercial investment mortgages, for loans on retail, office, industrial, warehousing and leisure, has been reduced to 6.89% from 7.04%, up to 75% LTV with a 2% fee.

For fast-track buy-to-let borrowers, a five-year fixed rate is now available at 5.00% (down from 5.15%) up to 65% LTV with a 2% fee.

Angela Norman, managing director of YBS Commercial Mortgages, said the reductions reflect the lender’s commitment to offering competitive pricing across its specialist lending range.

She said: “We’re committed to offering good value to borrowers across the markets we serve, and these reductions are another example of that commitment in action.

“By reducing rates across selected buy-to-let, semi-commercial and commercial products, we’re giving customers and brokers more competitive options, while continuing to lend responsibly and sustainably.”