16 Sep 2021

YBS Commercial Mortgages is launching a new buy-to-let range this week, featuring significant rate reductions across the board to offer better value to brokers and their clients.

The updated range, launched following broker feedback, features a 0.20% reduction to its five-year fixed rate products, and a 0.15% reduction to its 10-year fix. The Housing of Multiple Occupancy (HMO) product rate has also been reduced by 0.10%.

Highlights of the new range, which is available to corporate or individual large loan buy-to-let clients include:

  • A five-year fixed rate at 3.20% (was 3.40%) available up to 65% loan-to-value (LTV).
  • A five-year fixed rate at 3.35% (was 3.55%) available up to 75% LTV.
  • A 10-year fixed rate at 3.70% (was 3.85%) available up to 75% LTV.

For landlord clients with at least one year’s HMO experience, launched in May this year, the HMO product is available at 3.80% (was 3.90%) fixed for five years, with a maximum LTV of 75%. There are no changes to the lender’s holiday let product.

Mike Davies, head of business development at YBS Commercial Mortgages, said: “We’re really pleased to be able to offer this new range, which reflects both market conditions and feedback from our brokers.

“We’re always looking for ways to exceed broker and borrower expectations, and pride ourselves on providing long-term, stable support with a good quality service. We hope the new range will be welcomed by brokers and their clients.”