Effective from today (6th September), landlords will benefit from a rate of 7.35% (previously 7.49%) up to 70% LTV, and a rate of 7.30% (previously 7.39%) up to 60% LTV.
Both products are available on loans of up to £20m at a fixed rate for five years.
The commercial lender has also confirmed that pricing on all other products has been maintained despite market volatility.
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This includes the BTL range which consists of specialist HMO products and holiday lets and the lenders’ fixed-rate commercial investment product — launched earlier this year — which is available for loans on retail, office, industrial, warehousing, quality leisure facilities and other kinds of commercial property.
Tom Simpson, managing director at YBS Commercial Mortgages, said: “We try to keep our reactions to market changes to a minimum wherever possible.
“However, we’re pleased to reduce rates on our semi-commercial product and maintain our competitive edge in this space.
“This will enable us to continue to provide a good product mix across the board and support investors who rely on these diversified income streams.”
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