Finance available: Buy to let mortgages. Commercial mortgages. Medium & Short Term Finance.
Access: Keystone Property Finance is an intermediary only buy to let lending brand owned by Mortgages for Business. It can be accessed through brokers. Borrowers can also access Keystone via Mortgages for Business. Keystone Property Finance has its own website - www.keystonepropertyfinance.co.uk.
Buy to let mortgages: The Classic Range is exclusively funded by Paratus AMC and offers a selection of fixed and term tracker rates, all rates are now available to both individual and limited company applicants. Its rates are well priced although it is the flexible lending criteria that is particularly attractive to investors. Applicants can be up to 85 years at the end of the loan term, there is no minimum income requirement and Keystone will lend on portfolios up to £2m. The Classic Range will only accept ex-pats borrowing via an SPV Limited Company registered in England or Wales. Unlike most buy to let lenders Keystone allows remortgages within six months of purchase and/or refurbishment.
Solutions Range: The Solutions Range is funded exclusively by Together, formerly Lancashire Mortgage Corporation. It offers a suite of medium term variable loans for residential landlords with adverse credit. The range is designed to help investors repair their credit profiles. Property types accepted include HMOs, block of flats (multi-unit freehold blocks), new builds, ex-local authority houses and flats, flats above commercial premises and vanilla buy to let.
Commercial Range: The Commercial Range is funded exclusively by Together, formerly Lancashire Mortgage Corporation. It offers variable rates up to 70% LTV. The range is designed for both investors and business owner-occupiers looking to purchase a wide range of property across a variety of sectors including business, retail, leisure and industry.
Short Term Finance: The Short Term Finance Range funded by Together, formerly Lancashire Mortgage Corporation. It offers a selection of residential bridging loans to prime borrowers and those with adverse credit. The loans are aimed at borrowers who need finance quickly. They work for speedy purchases, refinances and refurbishment projects.
Auction Finance: The Auction Finance Range is aimed at borrowers looking for money in a hurry to purchase both residential and commercial property at auction. It offers a ‘valuation bypass scheme’ which will facilitate speedier completions. Borrowers can choose between three, six, nine and 12-month rates starting from 0.75% pcm up to 70% LTV. First-time landlords, borrowers with adverse credit and SPV Limited Companies are just some of the applicants accepted.
For more information take a look at our interview with David Whittaker, Managing Director of Keystone Property Finance.
To access this lender call The Deal Placement Team on 0345 148 9238 now.
Lenders change their criteria on a regular basis, so this page should be used as a guide only. We will do our best to keep it up to date.
Last updated: 03/11/2016
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