Keystone cuts rates by up to 15 bps Mortgage Strategy

Img

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 Keyston 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.”


More From Life Style