Keystone cuts buy-to-let rates by up to 0.15%

Keystone Property Finance has reduced rates across its buy-to-let product ranges by up to 0.15%.

The reductions apply across the specialist lender’s two and five-year fixed rates. Keystone says the cuts reflect the recent reduction in swap rates, which has allowed them to improve pricing. 

The changes apply to Keystone’s standard, specialist, expat, holiday let, product transfer and refurb-to-let exit ranges. 

Following the latest cuts, rates now start from 3.29% for standard buy-to-let rates up to 70% LTV and 3.34% for specialist rates.

In addition, Keystone has enhanced its HMO and multi-unit criteria by increasing the maximum number of occupants/units from 15 to 20. 

Keystone continues to offer a broad range of products, including its two year tracker products and newly launched semi-commercial range, both available at unchanged pricing.

Elise Coole (pictured), managing director at Keystone Property Finance, said: “We are always reviewing our product range in line with market changes and, following the recent reductions in swap rates, we have moved quickly to pass on improvements in pricing to our brokers.

“With many buy-to-let landlords focusing on their options in a changing market, it is vital that brokers have access to competitive pricing across a broad range of solutions. These latest reductions are designed to provide greater choice and increased confidence when placing cases.

“As always, we will continue to pass on reductions wherever possible, and as quickly, as we can. Brokers and borrowers turn to Keystone for flexibility and choice with their buy-to-let cases and making updates such as these is a key part of how we continue to support them."