The reductions mean Keystone’s new green mortgage range, which launched in March and offers discounted rates to landlords with properties that have an EPC rating of C and above, starts at 2.99 per cent.
As part of the product overhaul, the specialist buy-to-let lender has launched a cashback offer on loans above £200,000.
Upon completion, landlords will receive £750 cashback on loans between £200,000 and £500,000 and £1,000 cashback on loans between £500,001 and £1m.
Elise Coole (pictured), managing director of Keystone Property Finance, said: “We are cutting our rates and launching our cashback offer, not only to ensure our range is highly competitive but also to give something back to landlords after what has been a difficult year. It’s just a small gesture, of course, but we hope one that will make a difference to landlords who borrow from us.”