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YBS Commercial lowers semi-commercial rates

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  • 07/09/2023
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YBS Commercial lowers semi-commercial rates
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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Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors. Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies. This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector. She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021. In her spare time, Shekina likes to read, travel, listen to music and socialise with friends. She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content. Follow her on Twitter at @ShekinaMS

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