Keystone Property Finance has launched a special edition range of HMO and MUFB mortgages as part of a wider streamlining of its buy-to-let offering, giving landlords with higher-yielding properties another option to consider.
The specialist buy-to-let lender's new special edition range offers a 15 basis point reduction on its core range, with rates starting at 3.34%. The products are available on both small and large HMOs up to £1.5m, widening access for landlords operating across different scales of the sector.
Keystone has also simplified its fee structure as part of the broader overhaul, moving to three fee options, 2.5%, 5% and 7%, across its Standard, Specialist, Ex-pat and Holiday Let ranges.
The lender has cut the number of Ex-pat and Holiday Let products it offers too, consolidating rates into a single set that applies across all property types.
To make the range easier to navigate, Keystone has brought its Standard, Specialist, Ex-pat, and Holiday Let products together into one product guide.
"We're excited to launch our new special edition HMO and MUFB products, which come with a 15 basis point reduction on our core range and are available on both small and large HMOs up to £1.5m," said Elise Coole, managing director at Keystone Property Finance (pictured).
"We're confident this new range will give brokers another option for the growing number of landlords investing in higher-yielding properties."
"We pride ourselves on our ability to adapt and evolve at Keystone, and our special edition and product refresh is a reflection of that," she added. "Brokers expect us to be competitive and to offer a broad set of solutions, but they also expect us to be easy to deal with. By streamlining our range and revamping our guides, we're making it easier for brokers to identify the right solution for their clients."
"Everything we do is with brokers in mind, and we'll continue to adapt our range and our offering in line with that, all while maintaining the flexibility and common-sense underwriting Keystone has become known for," Coole said. "These changes are another important step in doing exactly that."
