Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Keystone Reduces Rates Across Specialist Buy-to-Let Lending Range

Keystone Property Finance has reduced rates by 10 basis points across its buy-to-let (BTL), product transfer, and refurb to let products. The lender has also introduced new product features and expanded eligibility criteria for landlords.

Rates in Keystone’s standard BTL range now start from 3.39% at 65% loan to value (LTV). Expat rates begin at 4.99%, and holiday let rates start from 5.69%, both at 65% LTV. Product transfer, PT Plus, and refurb to let exit product ranges now all start from 5.04% at 65% LTV.

Keystone Property Finance has also launched special-edition products, including a new range for houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs). The lender has introduced a new 5% arrangement fee tier across its product ranges and expanded its eligibility criteria to accept HMOs and MUFBs with up to 20 occupants or units.

These changes are part of Keystone’s efforts to simplify and streamline its product offering, improve product guides, and respond to market volatility. The rate reductions and product enhancements may be of interest to letting agents and inventory clerks working with landlords seeking competitive finance options for a variety of property types.