Keystone Property Finance lowers rates by up to 0.15%

Specialist lender Keystone Property Finance has reduced rates by up to 0.15% across its product range.

Keystone Property Finance said that standard two-year fixed rates have been cut by 0.1%, meaning rates now start at 4.14%.

Specialist two-year fixed rates, which are aimed at properties with six occupants or units, have decreased by 0.15%. Pricing begins at 4.19%.

Within its expat range, rates have been lowered by up to 0.05%, with prices starting from 4.79%.

Deals in its holiday let range have also been cut by up to 0.05%, so rates start at 4.94%.

Keystone Property Finance’s product transfers, PT Plus and its Switch & Fix deals have decreased by around 0.05%, with pricing beginning from 4.99% and 5.69%.

It is the second time this month that Keystone Property Finance has lowered rates, having cut fixed rates by up to 0.25% following the base rate cut.

Elise Coole (pictured), managing director of Keystone Property Finance, said: “At Keystone, we’re dedicated to making sure brokers and their clients benefit from positive market shifts as soon as possible. With recent drops 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 directly to borrowers.

“We’ve made a promise to act quickly when conditions allow and we’re proud to keep that promise. These rate cuts ensure Keystone remains highly competitive in the specialist mortgage market, offering a range that stands strong against anything else out there.”