YBS Commercial Mortgages has reduced rates across its commercial and semi-commercial mortgage range as part of a wider repricing of its new business offering.
The lender has cut rates by up to 0.15% across its commercial mortgage products, including owner-occupied, commercial investment and semi-commercial loans.
The changes form part of a broader update that also includes reductions to its buy-to-let range, although the lender’s latest adjustments are expected to be of particular interest to brokers active in the commercial and mixed-use space.
Within the semi-commercial segment, which covers part-residential, part-commercial assets, a five-year fixed rate has been reduced to 5.80% from 5.95%, available up to 65% LTV with a 2% fee.
The lender said the repricing reflects a more stable market backdrop and is intended to maintain competitiveness across a range of commercial borrowing scenarios.
Angela Norman, managing director of YBS Commercial Mortgages, says: “As market conditions have stabilised, we’re pleased to be able to pass on the benefit with these reductions and enhance our product range.
“These latest changes, including our new two-year product range, reflect our ongoing commitment to providing competitive pricing and choice, supporting brokers with products they can place with confidence.”
