YBS Commercial Mortgages has updated its offering with the addition of two-year fixed rates to its buy-to-let (BTL) range and lower rates.
The two-year fixed rates are available between £500,000 and £20m for purchase and remortgage, with one up to 65% loan to value (LTV) at a rate of 3.2% with a 5% fee, and the other up to 75% LTV with a rate of 4.1% and a 2% fee.
YBS Commercial Mortgages also cut rates on five-year fixed deals by 0.1% including BTL products and options for houses of multiple occupancy (HMOs) and holiday lets, as well as owner-occupied and commercial investment products.
This includes a five-year fix for BTL up to 75% LTV, which has gone down from 4.75% to 4.65%. This has a 3% fee.
A five-year fix for HMOs with up to six bedrooms has been lowered from 5% to 4.9% up to 75% LTV with a 2% fee.
The five-year fix for semi-commercial assets up to 75% LTV with a 2% fee has been reduced from 6.1% to 6%.
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Angela Norman, managing director at YBS Commercial Mortgages, said: “We are delighted to announce the launch of our new two-year fixed rate products, developed in direct response to broker feedback and designed to complement our strategic focus on product flexibility. This addition broadens our offering, providing greater choice for investors who prefer a shorter-term fix and supporting those who value the ability to adapt their financing strategies in line with interest rate fluctuations.
“This latest rate reduction demonstrates our continued commitment to providing the best possible value to brokers and customers wherever we can.”
