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

Keystone Property Finance has announced further rate reductions to its two-year and five-year fixed rate buy-to-let product range. 

The move follows shortly after a 0.10% rate reduction across its entire product range last week.

The latest reduction will see rates reduce by between 5bps and 15bps on two-year deals and by 10bps on five-year deals. 

As a result, standard buy-to-let rates now start from 3.29%, specialist products from 3.34%, and expat rates from 4.74%. Holiday let rates start from 4.89%, product transfer rates from 4.84%, and Switch & Fix rates from 5.69%.

Elise Coole, managing director of Keystone Property Finance, commented: “Keystone are committed to passing on rate cuts to our brokers and borrowers as soon as we can. We have seen continued SWAP rate stability and favourable market conditions and so have taken immediate action to support our brokers and landlords by repricing.”