Keystone is offering a 5-year fix at 3.99% to 75% loan-to-value after cutting rates across its classic range by up to 0.40%
The lender has also cut its 3-year fixes by 0.20%, as rates start from 4.09% to 75% LTV.
Keystone’s ‘classic’ are the same for individual borrowers and those buying through a limited company.
David Whittaker (pictured), chief executive of Keystone, said: “We are delighted to be able to get our 5-year pricing down to sub-4%. This means that we can now really compete on price as well as criteria.
“As there has been little difference in three and five year swaps of late, we decided to apportion the biggest reduction to the five year fixed rates. This will give borrowers a longer period of security and save them the costs involved with having to remortgage sooner.”
The range also offers 5 and 3-year fixed rate options to 80% LTV for standard buy-to-let property and rates to 75% LTV for HMOs and multi-units.
Keystone launched a new application submission system in July, allowing brokers to submit and track cases and offering an agreement in principle within two hours.