Keystone Buy to Let Mortgages has today announced a reduction of 0.20 percentage points to its five-year fixed rate mortgage products.
Cuts were made in both the premier and the classic mortgage range with rates now starting from 5.29 per cent and from 5.49 per cent respectively.
Loan sizes in the premier range stand between £600,000 and £1 million at up to 70 per cent loan-to-value. This is for standard properties including new build flats and houses with options for multi-unit properties also available.
The five-year fixed rate products in the classic range are for standard properties at 75 per cent loan-to-value and rates from 5.49 per cent. There are also options for houses in multiple occupation (HMOs) and multi-unit properties for loans at up to 80 per cent loan-to-value.
“Keystone aims to give a home to buy to let deals that won’t fit most other lenders. Products are designed specifically to work for landlords with more complex borrowing requirements such as those financing through trading limited companies or who make associated transactions, ” David Whittaker, managing director of Keystone, said.
