Keystone relaunches 7% fee products to boost borrowing power

Keystone Property Finance has reintroduced a 7% arrangement fee option on selected five-year buy-to-let products to allow landlords to achieve higher levels of leverage.

Keystone’s 7% arrangement fee products offer lower rates compared to its other five-year fixes, giving landlords greater affordability to maximise their borrowing.

The specialist lender’s 7% arrangement fee option is now available on its five-year standard products at both 65% and 75% LTV, as well as on its five-year specialist products at 65% and 75% LTV for properties with 1 to 6 occupants or units.

Five-year standard rates start from 4.69% at 65% LTV and 4.79% at 75% LTV, while specialist rates start at 4.99% and 5.09% respectively.

Elise Coole, managing director at Keystone Property Finance, commented: “Recent increases in mortgage rates have made it more challenging for some landlords to pass affordability stress tests and secure the borrowing they need. By reintroducing our 7% arrangement fee products, we’re responding directly to these market pressures and providing landlords with a practical solution to achieve higher leverage, even in a tougher rate environment.

“This move is grounded in Keystone’s commitment deliver the right solutions, on time, for brokers and landlords navigating today’s market.”