Specialist lender Keystone Property Finance will reduce its rates by up to 0.65 per cent from tomorrow, citing a reduction in inflation and swap rates.
In a broker note, the lender said that to access current rates, a full mortgage application and application fee must be submitted by 11:59pm today.
The firm continued: “It is important to us a specialist lender that we make changes to our products as soon as we can to ensure we are always offering our brokers the best possible rates.”
Keystone Property Finance is the latest lender to cut rates this week, with Gen H, LiveMore and MPowered Mortgages making reductions.
Mortgage pricing showed a slight decrease earlier this week following a fall in inflation, but brokers said that it shouldn’t be seen as indicative of a widespread downward movement in pricing.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.