The range also offers five and three year fixed rate options to 80% LTV for standard buy to let property and rates to 75% LTV for HMOs and multi-units.
David Whittaker, CEO of Keystone said: “We are delighted to be able to get our five year pricing down to sub-4%. This means that we can now really compete on price as well as criteria. As there has been little difference in three and five year swaps of late, we decided to apportion the biggest reduction to the five year fixed rates. This will give borrowers a longer period of security and save them the costs involved with having to remortgage sooner.”
The news follows hot on the heels of Keystone’s appointment yesterday of Moises Cruickshank as southern business manager. Moises will work alongside Phil Riches, head of sales and Julie Priest, northern business manager, in supporting brokers and intermediaries. He has more than 18 years’ industry experience working as a residential and buy to let mortgage broker under Openwork and Mortgage Advice Bureau, and as a BDM for Virgin Money and Crystal Specialist Finance.
Speaking about his appointment Moises said: “I can’t wait to get out and meet up with some old and new faces. Keystone’s unique product ranges really do fill a gap in the market, so I am excited to share the benefits with brokers and intermediaries.”
