Keystone Buy to Let Mortgages has reduced its fixed rate prices just two months after introducing its Classic and Premier Ranges.
The changes include:
• Classic & Premier fixed rates re-priced
• 5 year fixed rates from 5.04% (5.4% APR)
• 3 year discounted trackers from 4.59% (5.3% APR)
Commenting on the re-price, David Whittaker, managing director of Keystone said: “Since February, investors have responded well to our improved offering, particularly the 80% LTV rates in the Classic Range and the higher loan amounts – to £1m – in the Premier Range.
“Our products have always been criteria rather than rate-led offerings but we have been in talks with Aldermore, (which funds Keystone), and are delighted to announce that the Bank has found room in its margins to re-price downwards. This should make both ranges even more attractive to landlords,” he added.
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