Keystone Property Finance cuts rates by up to 0.20%

Keystone Property Finance has made reductions of up to 20 basis points on selected rates within its product range.

The specialist buy-to-let lender has cut all its expat rates by 20 bps and all other rates, except its holiday let products, by 10bps.

Following the latest repricing, standard two-year fixed rates now start from 2.94% and specialist two-year fixes from 2.99%, both up to 70% LTV.

Refurb-to-let five-year fixed rates have reduced to 4.69% at 65% LTV and a five-year Switch & Fix product is down to 5.69% at 65% LTV.

Expat two-year fixes are available from 4.54% and holiday let five-year fixes have reduced to 5.49%, both at 65% LTV.

Product transfer rates have also reduced, with a five-year fixed rate down to 4.99% at 65% LTV.

Brokers can also benefit from a more efficient application process, following the launch last week of Keystone’s proprietary AI software, which streamlines document processing via its portal.

Elise Coole (pictured), managing director of Keystone Property Finance, commented: “These rate reductions, alongside the recent launch of our AI-powered document upload and labelling technology, are designed to enable brokers to increase productivity and maximise lending for their landlord clients with ease.

“This month’s updates are the latest steps in our ongoing investment in both product innovation and broker support.”