"Recent decreases in SWAP rates have provided us with the opportunity to pass on these savings directly to our clients."
- Elise Coole, managing director of Keystone Property Finance
Keystone Property Finance has reduced its fixed rate buy-to-let products by up to 25 basis points.
The lender has cut fixed rates across its product set, including on its standard, specialist, specialist, expat, product transfers, holiday lets and switch & fix ranges.
Standard fixed rates have reduced by 10 basis points, with rates now starting at 4.04%, while specialist rates are down by up to 20 basis points to start from 4.09%.
Expat and Holiday Let fixed rates have decreased by up to 25 basis points, with the lowest rate now 4.64%.
Switch & Fix products have been cut by up to 0.25%, with rates starting at 5.54%, and product transfer rates have reduced by up to 0.20%, now starting from 4.79%.
Elise Coole, managing director of Keystone Property Finance, commented: “As we mark our 6th anniversary, we are thrilled to celebrate by significantly reducing our fixed rate mortgage rates. This milestone is not just a reflection of our growth, but another opportunity to give back to the brokers and borrowers who have supported us along the way.
“Recent decreases in SWAP rates have provided us with the opportunity to pass on these savings directly to our clients. At Keystone, we have always been committed to ensuring that any reductions in funding costs benefit our borrowers as soon as possible. This approach has been a fundamental part of our mission and we remain steadfast in our dedication to offering the most competitive rates available to our customers."
