Keystone Buy to Let Mortgages has reduced its five year fixed rates by 0.20% in both its Classic and Premier Ranges.
• 5 year fixed rates reduced by 0.20%
• Premier Range 5 year fixed rates now start at 5.29%
• Classic Range 5 year fixed rates now start at 5.49%
The reductions in the Premier Range will be particularly welcomed by landlords looking for larger loans. The Premier Range offers mortgages of £600k-£1m to 70% loan to value and rates now start from 5.29% for standard properties including new build flats and houses which can be difficult to place. Options for multi-unit properties are also available.
In the Classic Range five year fixed rates now start at 5.49% at 75% LTV for standard property. Other options are also available for HMOs and multi-units, and for loans up to 80% LTV.
Commenting on the reductions, David Whittaker, managing director of Keystone Buy to Let Mortgages said:
“Our products are criteria rather than price led but being able to reduce the five year fixed rates demonstrates our all-round commitment to support landlords in a market with rates at an all-time low.”
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.
Full details of Keystone Buy to Let Mortgages rates and lending criteria can be found at http://www.keystonebuytolet.co.uk/.
17th February 2015