SimplyBiz Mortgages has teamed up with specialist lender Keystone Property Finance to offer more choice for buy-to-let clients.
The mortgage group’s members will have direct access to Keystone’s range of buy-to-let products, short-term finance and commercial mortgages, along with its team of experienced underwriters.
David Whittaker, chief executive of Keystone Property Finance, said: “We are delighted to join the panel and our business development managers will be visiting SimplyBiz Members regularly to help place cases and explain how our product ranges have been designed to meet the changing needs of investors and businesses.
“We are particularly suited to helping brokers with clients who are incorporating their buy to let portfolios as we can cater for both special purpose vehicles and trading limited companies. And we offer the same competitive rates to companies as we do to those investing personally.
“We’re also pretty quick at issuing agreements in principle - within a couple of hours - and offer instant mortgage illustrations for brokers to send out to their clients and retain for record keeping requirements.”
David Hollingworth, associate director, communications at London and Country Mortgages, commented: “In terms of what Keystone have to offer from a buy-to-let angle, we have got more people looking at the specialist end of the market.
“People are looking at using limited companies due to changes in tax relief, so you have more specialist options available.”