Pepper, Leeds, Keystone, April and Rely make rate changes

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Pepper Money has reduced rates across its residential and buy-to-let (BTL)ranges.

The latest changes include lower rates across Pepper Money’s BTL range for both personal and limited company landlords, as well as reductions across residential two-year fixed products up to 75% LTV.

Selected five-year fixed products have also been updated.

Residential rates now start from 5.38% up to 75% loan-to-value (LTV) while BTL rates now start from 4.54% up to 70% LTV.

In addition, Pepper Money has launched a new limited edition remortgage-only range, available across its residential range on two-year fixed rates.

The range features no application fee, a free valuation across all product tiers, and a completion fee of £1,995.

Meanwhile, Leeds Building Society has reduced selected residential fixed rates and extended selected three-year residential end dates to November.

The new rates are available on the society’s intermediary site.

Elsewhere, April Mortgages and Keystone Property Finance have announced rate increases.

Keystone Property Finance will push rates up by as much as 0.25% on its fixed rates across its BTL, product transfer, product transfer plus, and refurb exit products.

Two-year fixes will now start from 3.64% and five-year fixes will begin at 5.39%.

In addition, Rely has added a suite of 75% LTV limited edition products for landlords with 11 properties or more.

The lender will also expand its standard range with new 60% LTV and 65% LTV fixed rate products for those with larger portfolios. It has made rate reductions of up to 15bps compared to its 75% LTV equivalents.

Rely also announced its existing limited edition range for landlords with three or fewer mortgaged properties is moving to its standard product range.


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