Specialist lending brand Keystone Property Finance has reduced all rates in its Classic Range by 10 basis points. The lender’s LIBOR has also been reset downwards at 0.29%.
Pricing in the Classic Range now starts at just 3.59% for a three year fixed rate at 65% LTV. This product is available on standard buy to let property. The range also includes options at 75% and 80% LTV, as well as rates designed specifically for HMOs and multi-unit blocks.
Keystone’s Classic Range buy to let mortgages are available to both individuals and limited companies. Unlike most other lenders, it accepts trading limited companies as well as SPVs as standard.
Commenting on the reductions, CEO, David Whittaker said:
“We are delighted to be able to accommodate a price cut within the Classic Range. Landlords using trading limited companies as borrowing vehicles will be particularly pleased with the reduction as we are currently the only buy to let lender not to require a fixed and floating charge or debenture.”
Full details of all the rates in the Classic Range can be found here. Keystone Property Finance is an intermediary only lending brand and brokers must be registered to gain access.