Crystal Specialist Finance (CSF) and Together have launched a new complex buy-to-let (BTL) product for landlords and property investors being overlooked by mainstream and specialist lenders.
 
Properties incorporated into the new offering include holiday lets, HMOs, student lets, MUFBs and development exits, as well as others which have been difficult to find finance as the market shrank and lending restrictions became tighter during the Covid-19 pandemic.
 
CSF stated that the offering will be available for individual or limited companies, portfolios, first-time landlords and first-time buyers. Bounce back loans and payment holidays, plus ex-pats and non-UK nationals, will also be accepted.
 
Rates for the product will start from 4.99% up to 70% LTV and have a maximum loan size of £750,000, or £1m by referral.

CSF group sales and marketing director, Jason Berry, commented: “Together’s latest BTL product range not only addresses lending requests which are becoming more prevalent, but also provides some much needed options for landlords and property investor customers who have seen criteria tighten since the start of the year.”
 
Together head of intermediary sales, Sundeep Patel, added: “We are delighted to reinforce our partnership with the highly experienced team at Crystal to include our new range of BTL mortgage products.
 
“The complexities which borrowers often demonstrate mean this product, as well as others we have recently launched, could be a perfect fit. Often a high level of expertise is required to place and administer this type of case, so alongside the CSF team, we provide underwriting resource so quick and definitive decisions can be made for brokers.”

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