The reductions apply across the lender’s two and five year fixed rate products and follow recent declines in SWAP rates.
The new pricing applies across Keystone’s Standard, Specialist, Expat, Holiday Let, Product Transfer, Product Transfer Plus and Refurb to Let Exit ranges.
Keystone said its two year tracker products remain unchanged and continue to provide brokers with options for landlord clients looking to track the Bank of England base rate.
Rates across the lender’s buy to let products now start from 3.44% at 70% loan to value for Standard products and 3.49% at 70% LTV for Specialist products.
Expat products start from 4.79% at 65% LTV, while Holiday Let products begin at 5.54% at 65% LTV. Product Transfer, Product Transfer Plus and Refurb to Let Exit products now start from 5.09% at 65% LTV.
“We continually review our product range in line with market developments and following the recent reduction in SWAP rates, we have moved quickly to lower pricing across our fixed rate products," said Elise Coole, managing director at Keystone Property Finance (pictured). “Market conditions remain changeable, so it is important that brokers have access to a broad range of options for their clients. By reducing our fixed rates while maintaining our tracker products, we continue to offer brokers greater choice when looking at both short and longer term options.
“Our focus, as always, is on responding swiftly where market conditions allow. Brokers need clarity and certainty when placing cases. These reductions ensure our products remain both competitive and accessible.”
