YBS Commercial Mortgages has cut its five-year fixed rates by 0.15% across its new-business range, with reductions taking effect from today.
The changes apply to buy-to-let products for portfolio landlords, as well as specialist options for Houses of Multiple Occupancy (HMOs) and Multi-Unit Freehold Blocks (MUFBs). Owner-occupied, commercial investment and semi-commercial products, designed for part-residential, part-commercial assets, are also included. Two-year fixed-rate products remain unchanged.
Among the updated rates, landlords can now access:
- A five-year fixed buy-to-let rate at 4.90% (previously 5.05%), available up to 55% LTV with a 3% fee
- A five-year fix for MUFB clients at 5.65% (previously 5.80%), up to 65% LTV with a 2% fee
- A five-year fixed semi-commercial rate at 5.95% (previously 6.10%), up to 65% LTV with a 2% fee
"These reductions across our five-year fixed range demonstrate our ongoing commitment to supporting brokers and customers with better choice and value across a wide range of product options," said Angela Norman, managing director of YBS Commercial Mortgages.
The cuts span a broad range of property types, giving portfolio landlords and mixed-use investors more options at improved pricing across the commercial mortgage market.
