The lender’s five-year fixed-rate BTL loans for corporate clients or landlords with large finance requirements are now available at 5.90% (was 6.35%) at up to 65% LTV, and 6.25% (was 6.70%) at a maximum 75% LTV.
Meanwhile, its HMO offering sees a new rate of 6.40% (was 6.85%) at up to 75% LTV.
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For semi-commercial assets, five-year fixed-rate loans up to 70% LTV are now available at 6.79% — a reduction of 31 basis points.
Mike Davies, head of business development at YBS Commercial Mortgages, said he hoped the announcement would be “welcome news”.
“As the market starts to calm, we’re so pleased to be able to reduce rates across the range, providing much-needed support for our brokers and their clients during this volatile time, and promoting investment in the UK economy."
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