Keystone Property Finance has launched a range of lower-rate larger loan products with a 5% arrangement fee.

The five-year fixed rate products are available for loans of between £250k and £2m and come with a higher fee in return for lower rates.

Rates start from 5.29% for standard properties at 65% loan-to-value (LTV) and 5.39% at 75% LTV.

For borrowers purchasing or remortgaging a specialist property, such as a house of multiple occupancy (HMO) or multi-unit property, rates start at 5.54% at 65% LTV or 5.64% at 75% LTV.

Keystone says the larger loan product range will give more flexibility to landlords seeking higher yielding properties and has been launched in direct response to feedback from brokers.

Keystone Property Finance managing director Elise Coole says: “This is the first time we have offered products with a 5% arrangement fee and we have done so to give landlords more choice and flexibility.”

“We’re here to support brokers and their clients and as long as it makes business sense, we will always look at finding new and innovative ways to lend.”