“These changes are part of our ongoing commitment to identifying and making improvements which benefit our brokers and their customers wherever we possibly can”
– Mike Davies – YBS Commercial Mortgages

YBS Commercial Mortgages has announced that it has restructured its buy-to-let offering, reducing rates by 0.15% for loans exceeding £750,000. As part of the update, a five-year fixed-rate mortgage is now available at 4.80% (previously 4.95%) up to 65% loan-to-value, with a 3% arrangement fee.

Two additional products have also been introduced for borrowing above £750,000 at up to 55% LTV. These include a five-year fixed rate at 4.75% with a 3% fee and an alternative option at 4.95% with a 2% fee.

YBS has also adjusted pricing on its semi-commercial range, which caters to mixed-use properties. Rates have been reduced by 0.20%, with borrowers now able to access a five-year fix at 6.20% (down from 6.40%) up to 60% LTV, or 6.25% (down from 6.45%) up to 70% LTV, both with a 3% fee.

No changes have been made to the remainder of the YBS Commercial product range.

“To support our borrowers impacted by recent market volatility, we are pleased to further improve the competitiveness of our buy-to-let and semi-commercial ranges, offering better value for landlords and investors,” comments head of lending at YBS Commercial Mortgages, Mike Davies.

“Reviewing our lending structure for buy-to-let and adding new products at 55% LTV means we can provide even better value, especially for those with higher borrowing requirements,” he added, “These changes are part of our ongoing commitment to identifying and making improvements which benefit our brokers and their customers wherever we possibly can, providing support to high-quality businesses looking to fulfil their borrowing needs.”