Classic Range rates have also been reduced by 20-50 bps. The range now offers a selection of term trackers and fixed rates to 80% and 75% LTV for standard buy to let property, as well as 75% LTV options designed specifically for HMOs and multi-units. Pricing starts from 4.29% fixed for three years to 75% LTV.
David Whittaker, managing director of Keystone said:
“Although our general strategy is to offer products that are criteria rather than price led, we do acknowledge that landlords face higher costs going forward
“In collaboration with our funding partner, Paratus AMC, we have worked out a way of absorbing the additional costs associated with underwriting limited company applications so we can offer the same rates to all borrowers for the time-being.
“We expect these rates to be very popular with landlords who have more complex borrowing needs and I would urge brokers to submit purchase cases as soon as possible. We will do our very best to get as many of these applications processed before the Stamp Duty surcharge kicks in on 1st April.”
The full product guide can be found on the Keystone website.
