YBS reduces standard and specialist buy-to-let rates 

YBS Commercial Mortgages is reducing rates by 0.10% across its buy-to-let product range.

Landlords wishing to borrow less than £1 million can now benefit from a five-year fix at 5.30% up to 65% LTV with a 2% fee, while those wishing to borrow more than £1 million can access a five-year fix at 5.15%.

Reductions also apply to the lender’s specialist buy-to-let offering, with a discount of 0.10% on the commercial lender’s holiday let and HMO products.

Landlords looking to purchase a property as a holiday let can now benefit from a five-year fixed rate of 5.60% on loans of up to £1.5 million per unit, up to 75% LTV, which comes with a 2% fee. 

For landlords looking for a product to fund a HMO purchase, there is now a five-year fix priced at 5.65% on loans over £500,000, up to 65% LTV, which also comes with a 2% fee. 

Angela Norman, interim managing director at YBS Commercial Mortgages, said: “Despite recent increases in swap rates, we’re pleased to improve the competitiveness of our buy-to-let range, offering better value for landlords and investors.

“Reducing rates right across our buy-to-let range demonstrates our continued commitment, as a strong, stable lending partner, to supporting brokers and their landlord clients, including with their specialist lending needs.”