YBS Commercial Mortgages has removed product tiering on its buy-to-let (BTL), commercial investment and business owner-occupier ranges.
The move is designed to simplify the product offering and allow landlords and investors to benefit from the same rates.
The changes mean that portfolio landlords looking to borrow between £500k and £20 million can now benefit from a five-year fixed rate, priced at 4.10% up to 65% loan-to-value (LTV), with a 5% fee.
This was previously reserved for loan amounts of £750k and above.
YBS Commercial Mortgages managing director Angela Norman says: “We’re really pleased to remove tiering across our product ranges, ensuring that we can offer landlords access to the same competitive rates, no matter what their borrowing goals are.”
“This also allows us to retain our position in the market, demonstrating our continued commitment to supporting investors, portfolio landlords and the commercial sector as a whole.”
This follows from the introduction of a new range of two-year fixes for its BTL range last week.
