Specialist lending brand Keystone Property Finance has reduced all rates across its classic range.
The cost of a two-year fixed rate at 65% loan-to-value (LTV) now starts at 3.19%, with the product available on standard buy-to-let (BTL) property.
This range also includes options at 75% and 80% LTV, along with rates tailored exclusively for houses of multiple occupation (HMOs), multi-unit blocks and for landlords with light adverse credit.
The range features rates that are available to both individuals and limited companies. Keystone accepts trading limited companies as well as special purpose vehicles (SPVs) as standard and does not take a floating charge or debenture.
David Whittaker, chief executive of Keystone Property Finance, commented: “Whilst we prefer to concentrate on getting our criteria right in today’s specialist buy-to-let market, we are always delighted to announce a price cut.”
“We hope the new rates will be a further incentive to brokers to recommend Keystone to their landlord clients now, particularly as it can only be a matter of time before we see a hike in Bank Rate which will lead to the inevitable rise of interest rates generally.”
All products can be found on Mortgage Brain, iRess and Twenty7Tec sourcing systems.