Following the launch of a new range of two-year fixes for its buy-to-let range, YBS Commercial Mortgages has now removed product tiering on its buy-to-let, commercial investment and business owner-occupier ranges.
This move is designed to simplify the product offering and allow landlords and investors to benefit from the same rates, regardless of their borrowing needs.
This means that portfolio landlords wishing to borrow between £500,000 and £20m can now benefit from a five-year fixed rate at 4.10%, available up to 65% LTV, with a 5% fee (previously reserved for loan amounts of £750,000 and above).
Angela Norman, managing director at YBS Commercial Mortgages, said: “We’re really pleased to remove tiering across our product ranges, ensuring that we can offer landlords access to the same competitive rates, no matter what their borrowing goals are.
“This also allows us to retain our position in the market, demonstrating our continued commitment to supporting investors, portfolio landlords and the commercial sector as a whole.”
