Keystone Property Finance said that standard two-year fixed rates have been reduced by 0.1 per cent, meaning rates now start at 4.14 per cent
Specialist lender Keystone Property Finance has slashed rates by up to 0.15 per cent across its product range.
Keystone Property Finance said that standard two-year fixed rates have been reduced by 0.1 per cent, meaning rates now start at 4.14 per cent.
Specialist two-year fixed rates, which are aimed at properties with six occupants or units, have dropped by 0.15 per cent. Pricing begins at 4.19 per cent.
Within its expat range, rates have been reduced by up to 0.05 per cent, with prices starting from 4.79 per cent.
Deals in its holiday let range have also been lowered by up to 0.05 per cent, so rates start at 4.94 per cent.
Keystone Property Finance’s product transfers, PT Plus and its Switch & Fix deals have declined by nearly 0.05 per cent, with pricing beginning from 4.99 per cent and 5.69 per cent.
It is the second time this month that Keystone Property Finance has reduced rates, having slashed fixed rates by up to 0.25 per cent following the base rate cut.
Elise Coole, MD of Keystone Property Finance, said: At Keystone, we are dedicated to making sure brokers and their clients benefit from positive market shifts as soon as possible. With recent decline in swap rates, which play a key role in setting fixed-rate pricing, we are delighted to be able to pass on savings of up to 15 basis points (bps) directly to borrowers.
We have made a promise to act quickly when conditions allow and we are proud to keep that promise. These rate reductions ensure Keystone remains highly competitive in the specialist mortgage market, offering a range that stands strong against anything else out there, she added.
