YBS cuts buy-to-let and commercial rates by up to 0.20%

YBS Commercial Mortgages has reduced rates on its fast-track buy-to-let range, specialist products for large multi-unit freehold blocks, and owner-occupied commercial investment and semi-commercial products.

The lender is reducing rates by 0.15% on its fast-track buy-to-let range, which offers a faster and more focused process, as well as discounted rates, for straightforward, low-risk buy-to-let cases from experienced portfolio landlords.

Rates are also reduced by up to 0.20% on its specialist range for large MUFBs, categorised as seven or more units in a flat or house; and by 0.15% across its owner-occupied, commercial investment and semi-commercial products designed for part-residential, part-commercial assets.

Highlights include a five-year fixed rate semi-commercial product, down to 5.80% at 65% LTV with a 2% fee.

A five-year fixed rate commercial investment mortgage, for loans on retail, office, industrial, warehousing, quality leisure facilities and other kinds of commercial property, is now available at 6.89% up to 75% LTV with a 2% fee.

In addition, a five-year fix for landlords with low-risk buy-to-let cases who fit into the fast-track category is down by 15bps to 5.00%, available up to 65% LTV with a 2% fee.

Angela Norman, managing director of YBS Commercial Mortgages, said: “We’re committed to offering good value to borrowers across the markets we serve, and these reductions are another example of that commitment in action. 

“By reducing rates across selected buy-to-let, semi-commercial and commercial products, we’re giving customers and brokers more competitive options, while continuing to lend responsibly and sustainably.”