Keystone Property Finance has cut rates for landlords across all two-year fixed-rate products in its Classic range by up to 40 basis points.  

The buy-to-let lender says its 4.5% fee products will be reduced by 40 basis points, while rates on its 3.5% and 2.5% fee products are down by 30bps and 20bps, respectively.  

The firm adds that the cheapest two-year fixed-rate loan for standard properties in the range is now 4.29%, while for houses in multiple occupation and multi-unit blocks up to six beds it’s 4.44%.  

Earlier this month, the lender split its loans into Classic and Complex ranges, with the first option suited to mainstream landlords with standard BTL criteria, while the second offering is aimed at landlords with more specialist financing needs.  

Keystone Property Finance managing director Elise Coole says: “We have now reduced rates twice in quick succession and we will continue to take proactive steps to enhance the products and services we offer to brokers.”