Keystone reduces rates across range Mortgage Finance Gazette

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Keystone Property Finance has made cuts of up to 15 basis points across its product range.

The reductions see standard two-year fixed rates down by 10 basis points, meaning rates now start at 4.14%.

The specialist two-year fixed rate (six occupants/units) reduces by 15 basis points, meaning rates now start at 4.19%,

The ex-pat range offers a 5 basis points cut, meaning rates now start at 4.79%;  the holiday let range reduces by 5 basis points, meaning rates now start at 4.94%.

In addition product transfers and PT+ products see a cut by 5 basis points, meaning rates now start at 4.99%. Similarly, a switch & fix offering has been reduced by 5 basis points, meaning rates now start at 5.69%.

Commenting on the rate changes Keystone managing director Elise Coole said: “At Keystone, we’re dedicated to making sure brokers and their clients benefit from positive market shifts as soon as possible. With recent drops in SWAP rates, which play a key role in setting fixed-rate pricing, we are delighted to be able to pass on savings of up to 15 basis points directly to borrowers.

She added: “We’ve made a promise to act quickly when conditions allow and we’re proud to keep that promise. These rate cuts ensure Keystone remains highly competitive in the specialist mortgage market, offering a range that stands strong against anything else out there.”