Keystone cuts Classic Range rates

Keystone cuts Classic Range rates

Keystone Property Finance has cut all rates in its Classic Range by 10 basis points.

The lender’s LIBOR has also been reset downwards at 0.29%.

Pricing in the Classic Range now starts at 3.59% for a three year fixed rate at 65% LTV. This product is available on standard buy-to-let property. The range also includes options at 75% and 80% LTV, as well as rates designed specifically for HMOs and multi-unit blocks.

Keystone’s Classic Range buy-to-let mortgages are available to both individuals and limited companies and accepts trading limited companies as well as SPVs as standard.

Keystone’s CEO, David Whittaker (pictured), said: “We are delighted to be able to accommodate a price cut within the Classic Range. Landlords using trading limited companies as borrowing vehicles will be particularly pleased with the reduction as we are currently the only buy to let lender not to require a fixed and floating charge or debenture.”