Appointed representatives (ARs) of the First Complete and Pink networks can now access the specialist buy-to-let lender’s products.
Keystone lends on non-standard properties, including HMOs (up to eight bedrooms), blocks of flats (with up to 10 separate units), flats above commercial property and ex-local authority houses.
It does not require a business plan or cash flow forecast in the first instance and has a technical solution which converts clients’ portfolio spreadsheets into the correct format for underwriting.
Phil Riches, head of sales at Keystone, said: “We are confident that our classic range will be of particular help to ARs who need to place complex buy-to-let deals.
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“We also take a very commonsense approach to underwriting and we try to make the process as streamlined as possible for brokers, particularly where portfolio landlord applications are concerned.”
Karen Hedges, mortgage manager at First Complete and Pink, said: "We're delighted to have Keystone Property Finance join the First Complete and Pink panels.
“Since the introduction of the latest PRA rules on buy-to-let lending, it's more important than ever that we provide our ARs with products suitable for buy-to-let landlords with complex cases.
“Thanks to Keystone's flexible approach towards lending to landlords, we are sure this will be a very popular addition to our panels."
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