Keystone reduces limited company rates

Rates now stand at 4.89% after being reduced by 0.2%, but brokers are urged to get in their cases as soon as possible as the discount will only apply for a limited time.

David Whittaker, managing director of Keystone said: “For some time now, the number of landlords using limited companies to finance their rental properties has been increasing steadily.

“So when Aldermore, which funds the Keystone products, made an additional, restricted tranche of funds available to us, we knew exactly where it should be allocated.”

The amount of funds available in the tranche hasn’t yet been announced.

Keystone is one of few lenders which accepts applications from trading limited companies as well as SPVs and LLPs.