Keystone Property Finance has cut interest rates on most of its products, with reductions of up to 20 basis points.
The discounts apply to from the lender standard, specialist, ex-pat, holiday rental, conversion to rental, product transfer and product transfer plus ranges.
After the reductions, the lowest rates available for each of the specialist buy-to-let lenders are as follows:
Standard: 2.84% two-year fix up to 70% LTV; specialist: 2.89% two-year fix up to 70% LTV; ex-pat: 4.09% two-year fix up to 65% LTV; holiday rental: 4.84% fixed for two years up to 65% LTV; renovation to let exit: 4.59% five-year fix up to 65% LTV; product transfer: 4.59% five-year fix up to 65% LTV and product transfer plus: 4.59% five-year fix up to 65% LTV.
TSB has announced a number of changes to its residential offering, purchasing and rental activities, product transfers and additional lending.
For residential properties this includes purchasing a house over three years with an LTV of 0-85% and a rate of £995 reduced by 0.05%; five year fixed home purchase 0-85% LTV £995 rate reduced by up to 0.10%; a three-year fixed remortgage 0-85% LTV £995 rate reduced by 0.10%; five-year fixed remortgage 60-85% LTV £995 rate reduced by 0.05%; and five years fixed shared ownership and shared share purchase of homes 0-85% LTV £995 rates reduced by up to 0.10%
For purchase and rental, TSB’s two- and five-year fixed home purchase with an LTV of 0-75% sees rates reduced by 0.15%. The two- and five-year fixed remortgages with an LTV of 0-75% also see rates reduced by up to 0.20%
For product transfers, the two-year fixed LTV rates of 75-90% for residential properties are reduced by a maximum of 0.10%; and residential three-year fixed LTV rates of 75-85% are reduced by up to 0.10%
For additional loans, the two- and three-year fixed LTV rates of 75-80% for residential properties are reduced by 0.05%; and buy to let five year fixed 60-75% LTV rate is reduced by 0.05%