YBS Commercial Mortgages has introduced two new five-year tracker products to its buy-to-let range.
The products have been introduced both to the lender’s standard buy-to-let range and to its products for large MUFBs, defined as buildings that contain seven or more separate residential units (such as flats or apartments) where the building and land are owned under a single freehold title.
The buy-to-let tracker is available at a rate of 4.90% (1.15% + Bank Base Rate - currently 3.75%), up to 75% LTV with a 2% arrangement fee.
The product for MUFBs is available at a variable rate of 5.14% (1.39% + BBR) on mortgages up to 75% LTV, with a 2% fee.
Angela Norman, managing director of YBS Commercial Mortgages, said: "Broker feedback has consistently highlighted a desire for a wider range of tracker options, particularly for landlords seeking greater product flexibility over a longer period. Our new tracker products address that demand directly, giving investors more choice and value alongside traditional fixed rate and shorter-term options.
“This product has been designed to reflect the needs of today's market, where economic uncertainty and changing interest rate expectations mean many landlords are looking for alternatives. Expanding our range in this way ensures they have access to products that align with their investment strategies and financing needs."
