As of Tuesday 5^th April, Keystone Property Finance significantly expands its lending criteria and HMO offering alongside increasing its maximum LTV for standard products to 80%, as part of a major overhaul of its lending criteria.

The specialist buy-to-let lender’s decision to increase its maximum LTV from 75% to 80%, opens up its standard and green ranges to landlords with smaller deposits.

Keystone will now lend on HMOs of up to 15 beds and multi-unit properties (MUP) of up to 15 flats, both up from 10 previously. Further, the lender will also now accept first-time landlords purchasing an HMO property up to six beds (HMOs were not available to FTLs before) or a multi-unit property of up to six flats (up from four previously).

The specialist buy-to-let lender will also now lend to retired ex-pat applicants, who can choose from a separate new range with rates starting at 3.34%. Further details can be found by viewing their product range here.

As well as expanding their criteria, Keystone has also increased its enhanced cashback offer from a maximum of £3,000 to a maximum of £5,000.

View Keystone’s lending criteria overview here >>

If you have any questions or need any assistance with your case enquiries, Keystone’s Business Development Managers are there to help, call the broker hotline on 0345 148 9086 or email enquiry@keystonepropertyfinance.co.uk.