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Commercial Finance

YBS Commercial lowers semi-commercial rates

Shekina Tuahene
Written By:
Posted:
September 7, 2023
Updated:
September 7, 2023

YBS Commercial Mortgages has reduced the rate on its semi-commercial offering by up to 0.14 per cent.

The 60 per cent loan to value (LTV) option is now priced at 7.3 per cent, down from 7.39 per cent, while the 70 per cent LTV alternative has a rate of 7.35 per cent, a decrease from 7.49 per cent. 

Both products are fixed for five years and are available for loans of up to £20m. 

The lender has held its rates steady elsewhere, including its buy-to-let and commercial investment products. 

Tom Simpson, managing director of YBS Commercial Mortgages, said: “As a strong, stable lending partner, we try to keep our reactions to market changes to a minimum wherever possible. However, we’re really pleased to reduce rates on our semi-commercial products 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 really rely on these diversified income streams.” 

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