YBS cuts buy-to-let and commercial mortgage rates

YBS Commercial Mortgages has reduced rates on its new-business range of five-year fixes for portfolio landlords by up to 0.15%.

Products are also reducing by 0.15% on its commercial mortgage range, which includes its owner-occupied, commercial investment and the semi-commercial products, designed for part-residential, part-commercial assets.

YBS also launching a suite of new two-year buy-to-let products up to 75% LTV, including a two-year fix at 4.90% up to 55% LTV, which comes with a 2% fee.

Other highlights of the new range include five-year fixed rates for buy-to-let clients, starting at 4.80% up to 65% LTV and 5.00% up to 75% LTV, both with a 3% fee.

In addition, a five-year fixed rate for investors looking for a semi-commercial product has reduced to 5.80% up to 65% LTV with a 2% fee.

Angela Norman, managing director of YBS Commercial Mortgages, said: “As market conditions have stabilised, we’re pleased to be able to pass on the benefit with these reductions and enhance our product range.

“These latest changes, including our new two-year product range, reflect our ongoing commitment to providing competitive pricing and choice, supporting brokers with products they can place with confidence.”