Keystone Property Finance has launched a new three-year fixed rate buy-to-let mortgage at 3.69% to 65% LTV.
It is the lowest priced product in Keystone’s Classic Range.
The rate is being offered to landlords regardless of whether they choose to invest personally or via a limited company and is available to trading limited companies as well as SPVs.
Keystone does not impose an upper age limit to qualify for finance. Its criteria stretches to borrowers up to 85 years at the end of the mortgage term.
David Whittaker, CEO of Keystone, said: “The rate is available on standard buy-to-let property to landlords with slightly larger deposits who are looking to borrow between £50k and £750k. It sits nicely beside our other three year fixed rates, each of which are targeted at landlords with specific needs.
“For example, we have a three-year fixed rate at 4.29% designed for HMOs with up to eight bedrooms and multi-units with up to 10 flats. We also have options for landlords with higher LTV requirements.”