The commercial lender is reducing rates by 0.15% on its fast-track BTL range, and rates have also been reduced by up to 0.20% on its specialist range for large MUFBs.
Further, a 0.15% cut has been applied across its owner-occupied, commercial investment and semi-commercial products designed for part-residential, part-commercial assets.
The five-year fixed rate for investors looking for a semi-commercial product has been cut from 5.95% to 5.8%, up to 65% loan-to-value (LTV) with a 2% fee.
For investors seeking a commercial investment mortgage, for loans on retail, office, industrial, warehousing, quality leisure facilities and other kinds of commercial property, a five-year fix at 6.89%, from 7.04%, is available up to 75% LTV with a 2% fee.
Plus, a five-year fix for landlords with low-risk BTL cases who fit into the fast-track category, the rate is now 5% from 5.15%, up to 65% LTV with a 2% fee.
Aldermore Insights with Jon Cooper: Edition 9 – Why lending strategy is becoming more central in buy to let
Sponsored by Aldermore
Angela Norman, managing director of YBS Commercial Mortgages, said: “We’re committed to offering good value to borrowers across the markets we serve, and these reductions are another example of that commitment in action.
“By reducing rates across selected BTL, semi-commercial and commercial products, we’re giving customers and brokers more competitive options, while continuing to lend responsibly and sustainably.”
